Car Subscription as a Short Term Solution to Long Lead Times on Brand New Cars?
Have you been looking around for a brand new car, but shocked to see you may have to wait 3, 4 or even 12 months for the car you want to be available?
We've asked car manufacturers what they expect their average wait times to be, and it's been found that 8 months is your expected wait time with Land Rover and Audi facing the longest delays.
Citroen, which have some of the shortest lead times out of all the car manufacturers are still expecting to delays of at least 3 months. Even independent car retailers are finding difficult to keep up with demand. Leaving you with little options if you want a brand new car without a wait.
With this mind, a car subscriptions could help fill the gap in the short term as you wait for your new car.
You can subscribe to a vehicle from anywhere between 1 month to 3 years with the option to return or swap the vehicle. And it’s all-inclusive, so you can get the car knowing that except for fuel and electricity costs, the subscription will cover the rest. We can even offer insurance for the duration of the subscription if you need it.
Subscription doesn't just have to be a short term fix, we think it's the future of car ownership.
Usually you're locked in to payments for the entire contract term, but with subscription you're given the control to switch from a SUV in the Winter to a sports car in the Summer.
Giving you the freedom to choose the right car at the right time.
Below are some of the brands that are experiencing longer lead times. We’ve also included the price of a subscription alternative from Wagonex.
Expected lead times for Ford
You can expect the average lead time on a Ford to be around twenty-five to thirty weeks. The Fiesta which they have said will stop production this year will have a lead time of ten weeks. Wagonex has a Fiesta available, which you can see the prices for below:
Short-term subscription price for 6 months: £618
Long-term subscription price for 1 year: £571
Expected lead times for Kia
Kia have said that you can expect a lead time of at least twelve to fifteen weeks on their vehicles. However, a number of models like the EV6 won’t be available for at least 8 months, maybe even longer. And Wagonex's research has confirmed that the wait time for the Kia Stonic could be 10 weeks or longer.
We have a pretty complete range from Kia, and we have the EV6 , and Stonic in stock too.
Take a look at what you can expect to pay for both on subscription below.
Subscription price for 6 months: £1021
Subscription price for 2 years: £918
Subscription price for 3 months: £660
Subscription price for 2 years: £474
Expected lead times for Citroen
The current wait time for a Citroen is between two to six months, the C3 is available with a lead time of around two months. Wagonex has it available for delivery today. We’ll list the price you'd pay for a three month subscription below.
Short-term subscription price for 3 months: £498 per month
Long-term subscription price for 2 years: £498 per month
Expected lead times for BMW
Wagonex research has suggested that the wait time for the BMW 3 Series is currently around 12 weeks long and sources from Electrifying.com stated that lead times for their electric vehicles are still around six months long.
For example, the BMW IX3 is available from Wagonex today but you'll have to wait at least five months for it available from the manufacturer.
We'll list the prices of the BMW 3 Series and the IX3 just below the images underneath this.
Short-term subscription price for 6 months: £1344
Long-term subscription price for 2 years: £1299
BMW 3 Series
Subscription price for 3 months: £996
Subscription price for 12 months: £864.30
Expected lead times for Audi
They haven’t released any information on their lead times but they’ve said to Electrifying that there will be a wait time of up to six months for the Audi Q4 e-tron. Luckily, we have an Audi Q4 e-tron available on Wagonex, you can view the monthly prices below:
Audi Q4 e-tron
Short-term subscription price for 6 months: £982
Long-term subscription price for 2 years: £894
Expected lead times for Mercedes
Wagonex asked Mercedes how long you can expect to wait for a brand new Mercedes and they've said it will take at least a few months for their new models and up to 9 months for the Mercedes C Class.
We have a Mercedes C Class available on subscription, which would take around 2 weeks to deliver. You can view the prices below:
Mercedes C Class
Short-term subscription price for 9 months: £690
Long-term subscription price for 1 year: £642
Expected lead times for Hyundai
Hyundai have shared with Electrifying.com that they have a seven month lead time on orders for the Ioniq five and six. While also stopping orders entirely for the Kona Electric. However, it’s not known the exact lead time because it based on our the stock of your local Hyundai dealership.
Wagonex has the Ioniq five available today on subscription, you can find the price below:
Hyundai Ioniq 5
Short-term subscription price for 6 months: £991
Long-term subscription price for 2 years: £900
Expected lead times for Volkswagen
Volkswagen haven’t publicly announced their lead times but Electrifying has shown that orders for the electric ID.5 take around 12 weeks, and the ID.3 can take up to 9 months to be delivered.
Take a look at the subscription price for the ID.3 below:
Short-term subscription price for 6 months: £900
Long-term subscription price for 2 years: £900
Expected lead times for Jaguar
Jaguar have already announced the F Pace has stopped production in the UK, and for some electric powered Jags, the lead time is expected to be at least 6 months. View our range of electric cars to see if you can find a suitable alternative if you're looking for a electric Jaguar.
Although, Wagonex has the F Pace in stock and ready for immediate delivery, you can see the prices below:
Jaguar F Pace
Short-term subscription price for 6 months: £1560
Long-term subscription price for 2 years: £1560
Interested in Car Subscription? You can view our entire range or learn how a car subscription works.