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#13 Subscribing vs Owning, How Autonomy makes money, Future of mobility, Handling a $20M swing in value, EV predictions | Scott Painter, Founder & CEO of Autonomy
Car Dealership Guy Podcast
The Importance of Autonomy in the Subscription Business
The company is focused on an electric only subsuring. Subscription business that gives people access to an electric vehicle without having to buy the car or borrow money. We intend to own these cars for two, three, five years over that period of time and see how it works. Unlike a rental car company, if we're financing the car from the time we buy it to the time we sell it, there's no debt involved. The average used car in America today is approaching $30,000. It just is at a lower price point than an electric car.
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