Ford strikes back at Uber with shared car leasing plan
Most folks who don’t like the idea of owning a car, but miss the occasional advantage of access to a set of wheels, have gravitated to Uber en masse, in recent years.
The ride-sharing app is a well-documented threat to the ubiquity of car ownership due to its convenience and affordability.
Now Ford is looking to strike back at the revolutionary ride-sharing app with a new initiative, which revolves around groups of people sharing a lease.
The new Ford Credit Link scheme (via The Verge) is somewhat reminiscent to a family plan from a mobile phone network or streaming service like Spotify, although, naturally, access will be limited to one member of the group at a time.
It allows self-organised groups of 3 to 6 people take out a lease on a Ford vehicle and divvy up access via a newly created app.
The app allows groups to handle communicate over the vehicle’s maintenance, lease payments and, of course, co-ordinate who has access to the car and for how long.
Ford says the scheme is aimed at households with multiple licensed drivers, and neighbours with intermittent needs for a car. The 24-month leases could also be frequented by those who need access to specialist vehicles like a pick-up truck every now and again.
Ford Credit executive David McClelland said: “People already are sharing everything – from books to homes,” said David McClelland, Ford Credit executive vice president, Marketing and Sales. “We’re seeing the potential for a shift from a single consumer paying for a single vehicle to several people sharing costs and benefits.
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The scheme will kick off at the three Austin dealerships in February.
There’s no word yet when it’ll spread beyond the notoriously progressive Texas capital.