If you're considering whether electric vehicles (EVs) are right for your business but are hesitant about the long-term investment, there are flexible financing alternatives to traditional options like leasing and fixed-term loans. Vehicle subscription is one of those alternative options  quickly gaining traction. 

Subscriptions are a relatively new way to get yourself into a vehicle. And concept of subscribing to a car is a lot simpler than you might think.

EV subscriptions offer a straightforward way to access vehicles without the long-term commitments associated with leasing or buying. Like a lease, subscription services bundle all vehicle-related costs—excluding charging—into a single weekly or monthly payment. This means that expenses like maintenance, insurance, registration and roadside assistance are all taken care of, allowing for predictable budgeting without any unexpected surprises.

The subscription model also gives you an opportunity to trial a range of EVs before making a long-term commitment, to ensure they’re right for your business. Origin Energy, a current player in the EV Fleet Management and Salary Packaging space, has designed their subscription model with business owners front of mind. 

Chau Le, Origin’s General Manager of eMobility at Origin said, “We designed this very flexible subscription solution so small business owners can benefit from all the savings of EVs now, with limited hassle or worry.”

Another benefit of subscription services is that it could reduce the financial risks associated with buying a car. Origin’s 360 EV Subscription model is one of these. 

Origin’s 360 EV Subscription  allows businesses to choose between a monthly subscription plan or fixed-term options with lower instalments, allowing them to cater to their specific needs and budgets.

Stewart, a health services small business owner who currently subscribes to a range of EVs in Origin’s fleet said “Swapping EVs annually removes the fear of missing out on new technology and lets us update and expand as the business grows*.” 

With a dedicated team of EV consultants, project managers and installation managers on hand at Origin, everything from vehicle management to charging solutions is covered, offering you peace of mind. If you’d like to find out more about Origin’s EV Subscription program for businesses – visit their website.


Important information

The content provided above is general and has not taken into account your personal objectives, financial situation or needs. Origin recommends that you seek your own independent legal, financial and tax advice when making any decisions in respect of the appropriateness of novated leases or subscription services for your circumstances.

*Vehicle swaps and returns: At least 30 days- notice is required for vehicle swaps or returns. Vehicle swaps will be contingent on vehicle availability. Depending on the return date of the existing vehicle, there may be a credit or debit adjustments to your subscription payments to account for the new vehicles.

Visit Origin’s website for full T&Cs and product information.