London’s short-term vehicle specialists · FCA registered · est. 2007

Comparison

Subscription or lease? Here's how to actually decide

On paper, on a comparison site, these two look almost interchangeable. In practice they behave very differently. Here's where each one is genuinely the wrong pick.

In short

It comes down to commitment, more than anything else. A car subscription runs a short minimum term and then rolls monthly, so the car goes back whenever you give notice — and you pay extra every month for holding that right. A short-term lease fixes the number of months upfront at a lower monthly cost, with a settlement figure due if you break it early. Can you name the exact month you'll hand the car back, and would you put money on it? Lease. Not sure? Subscribe.

The detail

Head to head

Structural comparison. Pricing depends on vehicle, term and mileage — ask us to quote both.
Car subscriptionShort-term lease
Minimum termFrom 1 month3–24 months, fixed
After the minimumRolls on — 5 working days' notice to returnEnds on the agreed date
How long can you keep it?Until the car is 3 years old, no forced swapsTo the agreed end date
Monthly costHigherLower
Initial paymentUsually 1 monthly rentalUsually 1–3 monthly rentals
Early exitGive notice, hand it backSettlement figure payable
Swap vehicle mid-termPossible, never forcedNot normally
Maintenance & servicingIncludedOptional, not standard
Road fund licenceIncludedIncluded
Breakdown coverIncludedIncluded
InsuranceYou arrangeYou arrange
Fuel / electricityYou payYou pay
Mileage flexibilityOften adjustableFixed at outset
Typical lead time1–2 weeks in stock1–2 weeks in stock
Ownership at the endNoneNone
Best forUncertain plans, EV trials, interim rolesKnown dates, lowest cost, longer needs

Shortcut

Choose by situation

Subscribe if…

  • Your job, location or family situation could change within a year
  • You're testing an electric car for the first time
  • You're between cars and waiting on a sale or a delivery
  • You're new to the UK and not yet settled
  • You're covering an interim or project-length role
  • You'd rather pay more per month than risk a settlement figure

Lease if…

  • You know the month you'll hand the car back
  • Monthly cost is the deciding factor
  • You need the car for six months or more
  • Your mileage is predictable and above average
  • You want a specific model and specification
  • The vehicle is for a permanent role or settled requirement

Method

A worked way to decide

Ask us to quote the same vehicle two ways: as a subscription, and as a fixed lease for the term you think you need. Then do this arithmetic.

  1. Take the monthly difference between the two quotes.
  2. Multiply it by the number of months you expect to keep the car. That's what flexibility is costing you in total.
  3. Ask us for the indicative early settlement on the lease at the halfway point.
  4. If the settlement figure is bigger than the flexibility premium — and there's any real chance you'd need to use it — take the subscription.
In practice: most people who are genuinely uncertain find the flexibility premium is smaller than they expected, and much smaller than the settlement figure. Most people who are genuinely certain save real money by leasing.

Answers

Frequently asked questions

The lease, comparing month to month on similar terms. A subscription's higher price is essentially the fee for being able to hand the car back whenever you like. Whether that fee is worth paying comes down entirely to how sure you are of your own timeline.

Both get used heavily, just for different roles. Permanent headcount on a settled footing suits a fixed lease. Interim cover, project-based hires, or directors who'd rather not carry a long commitment on the books suit a subscription better.

Yes, and people do this often — subscribe while things are still uncertain, then switch to a fixed term once you've got clarity. Just talk to us ahead of your notice period so a quote's ready to go.

Yes, on both. Servicing, maintenance, road tax, manufacturer warranty and breakdown cover come standard on subscriptions and on the majority of our short-term leases alike. Insurance and fuel sit outside either product.

Next step

Ask us to quote both

Send us the vehicle and the rough term. We'll price it as a subscription and as a fixed lease so you can compare like for like.