If you haven’t given any thought to car subscription, you probably should. This service is similar to leasing, but things like insurance and maintenance are included in its flat monthly fee. Sounds pretty convenient, right? Hertz is the latest company to announce a monthly car subscription service. The company’s subscription plan starts at $999 per month.
- Hertz offers two tiers of subscription service.
- The first tier starts at $999 per month, while the second tier kicks off at a $1,399 monthly rate.
- With both tiers, you can exchange your vehicle for another model within your tier at no extra charge up to two times each month.
- There’s a one-time enrollment fee of $250.
A Tale of Two Tiers
Let’s start with the first tier of service. For $999 per month, this plan gives you access to small SUVs, small trucks and full-size sedans. Moving up to the second tier grants you access to larger vehicles and models with premium nameplates. This tier stars at $1,399 per month. It includes all the vehicles included in the first tier, plus midsize and large SUVs, large trucks and luxury sedans.
Both plans come with a 2,000-mile monthly limit. If you exceed this limit, you’ll incur a cost of 35 cents per mile. To be considered for enrollment, you must have a Hertz Gold Plus Rewards membership and a qualifying credit score. Also, this subscription plan is only open to those who are at least 25 years old.
Spice It Up
Relative to leasing, car subscription comes with less of a long-term commitment. With Hertz’s plan, you only have to commit to a two-month contract. And I like the fact that you have the ability to sample up to two additional vehicles in your tier each month at no extra cost. After all, variety is the spice of life.
The company calls its subscription plan Hertz My Car. It’s currently available in Atlanta and Austin, and there are plans to expand coverage to other cities in the near future.