Wagonex, the UK’s fastest-growing vehicle subscription business, has this month passed two major milestones in its development as industry and consumer interest in its unique proposition continues to grow.
First the Cardiff-based start-up clocked-up 100,000 customer enquiries before going on to surpass 10,000 registered users on its platform – wagonex.com – just days later.
The Wagonex platform, which enables vehicle retailers to offer super flexible subscriptions of between one and 36 months, is leading the move to subscription. Interest has grown dramatically for car subscription in the last year, with consumer searches now exceeding 11,000 a month – 10 times more than this time last year.
The huge growth has been driven by Wagonex’s unique approach to vehicle subscription – providing the technology and backend services that allow vehicle manufacturers and retailers to offer subscription options direct to consumers.
Dealers can either set-up their own ‘white label’ vehicle subscription site powered by Wagonex tech or can upload individual vehicles for subscription through the shared portal wagonex.com. A completely branded white label subscription site can be up and running in as little as a fortnight while dealers can begin uploading individual vehicles within an hour of registering.
Wagonex’s cutting-edge and purpose-built software brings together a number of challenging components – instant insurance quoting, ID validation, credit checks, online contracts and e-signatures – to create a simple and seamless customer experience
Customers can subscribe to any one of hundreds of new models – everything from superminis to supercars – in just a few easy steps:
- Visit wagonex.com
- Search thousands of new vehicles to find the right model for you
- Choose the length of contract and amount of deposit to see your all-inclusive monthly subscription price
- Complete your online credit and ID checks
- Sign your e-contract
- Sit back and await delivery to your front door
The whole process can take as little as five minutes from beginning to end. All maintenance is automatically included for a totally hassle-free experience.
Wagonex CEO and founder, Toby Kernon, said: “We are delighted to have hit these two milestones in our development. After all the effort we’ve put into building the company and getting the tech just right, everything is clicking into place and gathering pace.
“Over the next few months we will be launching subscription platforms for a number of very big name automotive brands and, once people see them going big on subscription, we expect subscription to become an increasingly important part of the car retail mix .”
For more information visit www.wagonex.com
