SANTA MONICA, CALIFORNIA–(BUSINESS WIRE)–Autonomy™, the nation’s largest subscription electric vehicle company, today announced its service is now available in Austin, Texas. The Texas debut follows a successful launch in California earlier this year and recent expansion into Florida and Washington.
Texas, which ranks third in EV registrations behind California and Florida, shows great promise for electrification with almost 30,000 new EVs on the road between 2020 and 2021. This growth and natural demand makes Texas a compelling state for Autonomy to expand into. According to a statewide survey conducted earlier this year by Texas 2036, a policy planning group, about 46% of Texans under the age of 45 say they are considering buying an electric car.
Autonomy is committed to accelerating EV adoption through its subscription model. The company offers the cheapest, fastest, and easiest way to get a Tesla and requires no long-term debt or commitments that come with buying or leasing. Additionally, Autonomy vehicles are available for delivery or pickup in just a few weeks, compared to waiting months for a loan or lease. Today, Autonomy offers the Tesla Model 3 and Tesla Model Y, and will soon add the full Tesla lineup, among other brands and models.
“The EV adoption rate in Texas signals to us that the demand for EVs is even greater and there is a greater need for alternative access options,” he said Scott Painter, Founder and CEO of Autonomy. “Today, there are more than 156,000 electric vehicles on the road in Texas, including 22,122 in Travis County alone – the highest-ranking electric vehicle county in Texas. These numbers are encouraging and we are excited that the Autonomy service will help drive EV adoption in the second most populous state in the country and increase EV adoption nationwide.”
Austin has more than 1,300 public chargers across the region, with more than 500 new chargers added in the last 90 days. Unique to Austin is the Austin Energy Plug-In Everywhere℠ network subscription plan, which offers unlimited charging for $4.17 per month at any of Austin Energy’s 1,000+ Level 2 charging ports throughout the service area.
How autonomy works:
Download the Autonomy app (Apple App Store or Google Play Store).
Select a vehicle and choose your desired monthly payment and entry fee that fits your budget (with monthly payments as low as $450 with an entry fee of just $3,000 or as low as $1,000 with an entry fee of $1,000 monthly).
Upload a picture of your driver’s license to determine subscription and insurance eligibility.
Once approved, schedule vehicle pickup or delivery through the app and provide your credit card or a link to your bank account for the entry fee and monthly payment.
The entire digital process can take 10 to 15 minutes.
Autonomy subscribers drive their car monthly – no long-term contracts.
Subscribe until December 31, 2022 and only pay $3,000 entry fee and $450 per month for the first 12 months. This is Autonomy’s lowest price ever and the lowest price ever – guaranteed.* This limited-time offer underscores Autonomy’s mission to accelerate EV adoption and provide consumers with the cheapest, quickest, and easiest way to get behind it Control one of the electric vehicles to put best-selling electric vehicles.
Autonomy’s monthly payment covers traditional running costs, including routine maintenance and roadside assistance (restrictions apply) and normal tire wear, which are typically additional expenses on a traditional lease or loan. Qualifying subscribers now receive Autonomy’s subscription with its fully integrated monthly insurance offering.
“More than 8 million people are past due on their car loans; If this isn’t an affordability crisis, I don’t know what is,” he said George Bauer, Co-Founder and President of Autonomy. “Autonomy eliminates this problem with our affordable and flexible subscription model. If a subscriber’s finances or vehicle needs change, they are not locked into a long-term contract with us like a lease or loan. They return the vehicle and avoid defaulting and ruining their credit score. Our subscribers are really excited about our service as there is nothing else on the market like it.”
Autonomy will leverage its recently announced national partnership with AutoNation, Inc. (NYSE: AN), the largest retailer in the United States, for vehicle prep and delivery services associated with customer activation, as well as maintenance, repair and overhaul services for Autonomy’s growing subscription fleet of electric vehicles. In addition to geographic expansion, Autonomy is also expanding its vehicle fleet. In August, Autonomy ordered 23,000 electric vehicles from 17 different global automakers for a total order value of more than $1.2 billion.
Autonomy is a technology company on a mission to make mobility easy and affordable through car subscriptions. The company was founded by Scott Painter and Georg Bauer, the auto dealership, auto finance and auto insurance disruptors who founded Fair, the first-ever used vehicle subscription offering that pioneered the Car-as-a-Service (CaaS) category. Building on this experience, Autonomy has created a turnkey vehicle subscription platform for consumers and the automotive industry, enabling vehicle subscriptions to profitably scale and become a mainstream alternative to traditional car buying. Autonomy innovates through technology, finance and insurance to power car subscriptions for the battery, electric vehicle and zero-emission vehicle sectors. Autonomy partners with automakers and brick-and-mortar dealerships to deliver benefits to both consumers and industry. Autonomy means freedom from long-term debt, freedom from long-term obligations, and even freedom from fossil fuels. It means new choices and more control over your financial well-being. Autonomy is based in Santa Monica, California.
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*Offer not valid for current subscribers. Must be activated by 12/31/22. Minimum durability of three months and notice period of 28 days required. Prices exclude taxes, fees, deposit, options and insurance. After 12 months, your monthly payment increases to $1,000/month. Autonomy guarantees these travel expenses and the monthly payment plan for the first 12 months is the most cost-effective way to purchase a new Tesla Model 3 SR+ for a full year (excluding taxes, returnable deposit, insurance and other fees). Price comparison based on Autonomy’s entry fee, 12 monthly payments and title/registration versus competitor’s deposit, 12 monthly payments, fees and financing costs on a lease or loan as of November 22, 2022. Additional terms apply to the guarantee. For more information see our Subscription Terms of Service.