If you dream of owning a stable of automobiles but your budget doesn’t really lend itself to the lifestyles of the rich and famous, Cadillac may have a service for you.
Cadillac parent company General Motors wants to offer an option to car enthusiasts who are already spending a few dollars each month on things such as Netflix and Blue Apron. Back in January, GM launched Book by Cadillac, a “luxury vehicle subscription service” that the company says is ideal for drivers that don’t want to “worry about insurance premiums, taxes, maintenance or mileage restrictions and no long-term commitment.”
Users can select a new car through a dedicated app and there is apparently “a concierge who will manage the delivery experience for you, as well as be on hand if you have any questions or issues while driving.”This isn’t the first time that GM has diversified beyond making and selling cars. Last year, it launched a car-sharing service called Maven and invested $500 million in ride-hailing startup Lyft.