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Mobiliti to Add 4 States to Footprint by Yearend, CEO Says

By yearend, vehicle subscription startup Mobiliti plans to double the number of markets it serves, adding four East and West Coast states to its footprint, Chief Executive Chance Richie told Auto Finance News. So far, the company services cities in Michigan, New Jersey, Pennsylvania, and Texas. “The West Coast is a big area of growth […]

18 Subscription Programs That Are Changing Auto Finance

Subscription programs that allow for more flexible vehicle ownership could wind up being a bust, but if investments from just about every major OEM on the market, a handful of startups, and numerous dealerships are any indication, this is a fad that will be around for some time to come.    What “flexible ownership” means […]

New York Dealership Launches Subscription Program, Ally to Finance

Vehicle subscription service provider Mobiliti announced on Tuesday a new partnership with Island Auto Group that will provide a flexible transportation option for New Yorkers.   Launching in June with the intent to help city-dwellers navigate summer travel, the auto group will offer month-to-month vehicle payments that bundle insurance, maintenance, warranty coverage, and roadside assistance. […]

Ally and New Car Subscription Service Mobiliti Team Up

Mobiliti, a new monthly car subscription service that works with dealerships, is working with Ally to offer comprehensive financing options when the company officially launches next month in Austin, Chance Richie, founder and chief executive of Mobiliti, told Auto Finance News. Mobiliti works with dealers to sell vehicles on a subscription plan, and puts all dealers under […]