Here’s how it works for you;
Choose the cars you want to offer and we’ll upload them to our system. Car subscriptions can be perfect for monetising idle used car stock and a profitable alternative to remarketing disposals.
We’ll help you set the monthly subscription price to ensure you earn a good margin while keeping it affordable for young drivers.
You’ll earn 70% of the price paid by our subscribers, with the balance retained by us to operate the Driver 1 platform, fund marketing and acquire customers.
We verify ID, credit check, and receive payment from subscribers before we confirm orders.
As you remain the owner of the car we generate subscription agreements between you and the customer and pay you for every month subscribed for.
All you need to do as a Driver 1 centre is manage handovers and take care of servicing and maintenance of your cars.
We ask that you carry out a check in/out inspection, and Driver 1 processes any damage or excess mileage charges (over allowance of 8000 miles per year at 12p per mile) and passes these charges onto the customer.
At the end of the agreement you can offer the customer the option to purchase the car for cash or finance through your own finance broker or lenders.
Some customers may want to buy the car from the outset. For this we charge you a flat fee of £300+vat commission.
Our strategic partnerships with `First Car magazine’, ‘Intelligent Instructor’ with over 18,000 ADI driving instructor members and young driver insurance companies including Ingenie provide us with a significant and growing subscriber base of young drivers every month.
Apply Now
For more information please contact;
Kevin Smart
Operations Director
Tel: 07971 052 068
kevin@driver1.co