Autohorn reports 40% growth in Flexed vehicle subscription service

Fleet management company Autohorn has recorded a 40% year-on-year increase in demand for its vehicle subscription business, Flexed.

Launched in 2015, Flexed aims to provide flexible vehicle rental, with options starting from 28 days upwards.

Serving business and personal customers nationwide, it provides access to cars from Fiat 500s through to the Range Rover Sport – all under six months old.

Scott Jenkins, operations and sales director, said: “We’re delighted with how strongly the Flexed business is performing.

“The increased demand reflects a continuing shift in how people want to access vehicles.

“More customers are prioritising flexibility and Flexed enables businesses and personal customers to experience the latest vehicles – particularly EVs – without a long term commitment.

“We’re forecasting sustained growth over the coming 12 months.”

The upturn was aligned to predictions last year from professional services firm PWC, which found that nearly half of consumers would be interested in a subscription service for their next vehicle.