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Flexcar

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A Flexcar-owned Honda Civic Hybrid in its reserved parking spot in 2006

Flexcar is American month to month car lease company with headquarters located in Boston, Massachusetts.

Overview

Flexcar is a flexible month to month car lease that offers an affordable alternative to traditional car ownership. Headquartered in Boston, Massachusetts, Flexcar serves customers looking for a cost-effective, hassle-free solution without the long-term financial commitments associated with owning or leasing a vehicle. Since its inception, the company has focused on redefining the car ownership space by leveraging innovative technology and customer centric policies.

History

Flexcar first launched in Atlanta, GA in 2021 and quickly expanded into Boston, Nashville and Charlotte. Flexcar was established as a response to the rising costs and complexities of traditional car ownership. With car prices increasing 24% from 2019-2024[1], Flexcar set out to create a model that makes car ownership more flexible and affordable.

In addition to that, Flexcar's model includes comprehensive insurance, offering a cost-effective alternative to traditional car insurance, which has seen a 13.72% increase from 2022 to 2023,[2] with Americans now spending nearly 3% of their annual income on coverage.

About Flexcar

Flexcar operates on a model that allows members to access a wide range of vehicles, including sedans, SUVs, trucks, and luxury cars. Unlike traditional leases, Flexcar’s plans are month-to-month[3] and include insurance, maintenance, and roadside assistance into a single monthly payment. Members can swap into another vehicle or cancel their membership at any time, providing unparalleled flexibility. Flexcar membership also unlocks over $1,000[4] in added value for the members car with comprehensive maintenance, 24/7 roadside assistance and more.

Flexcar emphasizes transparency in its pricing structure, avoiding hidden fees such as dealer markups or unexpected maintenance costs, which are common with traditional car ownership. Members can choose from a variety of mileage plans tailored to their driving habits, ranging from low-mileage options for occasional drivers to high-mileage plans for frequent commuters.

Technology

Flexcar’s platform includes a user-friendly mobile app that allows members to browse available vehicles, reserve cars, and manage their memberships seamlessly. The app also integrates features like mileage tracking and reward discounts.


See also

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References

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  1. ^ Fischer, Justin. "Car Price Inflation Is Real – These Brands Are the Worst". CarEdge.
  2. ^ Deventer, Cate. "The true cost of auto insurance in 2023". Bankrate.
  3. ^ Flexcar https://www.flexcar.com/. {{cite web}}: Missing or empty |title= (help)
  4. ^ "How does Flexcar work?". Flexcar.
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