Many believe the future of cars is subscription ownership. In contrast to leasing, customers get access to a temporary vehicle but there is no down payment or final instalment, and the time period is on a monthly, not yearly, basis.
From car-sharing, rental and subscription services through to innovative software solutions, start-up companies in the automotive commerce space are revolutionising the way cars are used, sold and leased.
Working with Clearwater during this deal has demonstrated their efficiency and diligence, especially in the negotiations with the representatives from Financière Turenne Lafayette, the State and the refinancing of the entirety of the Group’s debt.
Mathieu Thomazeau, Co-President, Group Cofigeo