Subscribe to your fleet with carbar
Whether you’re scaling a business or winning new projects, subscription is an alternative to owning or leasing without the long-term commitment.
To learn more, register your business today.
Why fleet car subscription is good for fleet management
Increase fleet utilisation rate
Fleet car subscription services offer an alternative that fits your business as it is now, with the ability to make changes later to ensure it stays relevant to how and where you operate. With no minimum term – only a two-week notice period for changes and cancellations – it’s the flexible way to keep your business moving.
Fleet car subscription vehicles are off balance sheet
AASB 16 requires that businesses now record the costs of use of the leased asset and the associated benefits on its balance sheet. Car subscriptions are not affected by the changes contained in AASB 16, meaning that any business looking to keep its fleet management simple and its reportable debt low might want to consider making the switch*.
Enjoy complete peace of mind
When subscribing with Carbar, your fleet will always be covered. Registration, insurance, routine maintenance and all servicing is managed under the subscription and you’ll also benefit from 24/7 roadside assistance. To learn more, register your business today.
* The advice given is general advice and does not take into account your own objectives, financial situation or needs. You should consider if the advice is appropriate for you before acting and read all applicable terms and conditions of any selected product or service prior to proceeding.
"Cars are instrumental to our business. We can’t travel between premises without them. This creates an issue, as to scale, we either need to take on more debt through leasing or spend capital on purchasing cars. carbar, and the flexibility of car subscriptions, has basically solved this problem for us, allowing us to scale our car use directly in line with our growth. It’s also allowed us to move our entire fleet off our balance sheet."
Ash, CEO and founder, Propper
Frequently asked questions on business car fleet car subscription
There is no one-size-fits-all answer to this question, as the best way to manage a fleet of car subscription vehicles will vary depending on the specific needs of your business.
Keeping on top of fleet management is not an easy task. However, if you have the right tools in place, you can make your life easier. Some things you may want to consider…
- Be selective in the types or models of vehicles to keep costs down.
- Keep an eye on utilisation rates by using fleet management software to help you track who is using the vehicle and when.
- Set clear policies with rules and regulations for car usage. This will ensure everyone in the organisation is using the cars appropriately.
- Make sure you routinely service your cars and keep track of service history.
- Establish and communicate penalties for late returns, damage or fines.
There is a variety of vehicles available for fleet car subscription, including EVs, SUVs, and utilities. Depending on your needs, you can choose a subscription that includes a single type of vehicle or a mix of different types.
We have a range of electric vehicles (EVs) for subscription, however it will just depend on the amount of vehicles required for your fleet and the current availability of those vehicles.
Electric vehicles are becoming more and more popular, and it's likely that we'll see more car subscription services that include electric vehicles in the near future.
A fleet car subscription is a great way to have access to multiple cars without the hassle of owning, insuring and maintaining them.
There are a few factors that will affect how many cars you can subscribe to, including the size of the fleet and your budget. It will also be important to consider the availability of the vehicles you require.
We recommend that you speak with your accountant or financial advisor to see if this suits your business and then get in touch with us either by registering your interest or contacting us on the details below.
We offer a car subscription service that allows fleet managers to have access to a variety of different makes and models of vehicles without the hassle of long-term contracts or minimums. Our team can work with your fleet managers to monitor your fleet’s performance and help tailor your subscription to suit your specific needs and budget.