The stock exchange day: Porsche offers car subscription

Porsche immediately rents young used cars through a after completion of a pilot project Auto subscription. It allows a car to be rented for at least six months and therefore for a shorter period than leasing. With this, Porsche is reacting to the changing needs of younger customers who no longer own a car but want to use it, said Alexander Pollich, head of Porsche Deutschland GmbH.

The subscription has a minimum term of half a year. The vehicle can be changed after six months of rent. The monthly fee starts at around 1400 euros, added a Porsche spokeswoman. According to an overview of the blog "Digital Affin" there are almost 40 providers of car subscriptions in Germany, including manufacturers such as Mercedes or PSA, car rental companies and startups.

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