Short-Term, Subscription, or Shared? The New Era of Private Cars

Michael Higgins is the co-founder of Loopit, the leading multi-mobility platform enabling rental, leasing, and car subscription solutions for OEMs, dealerships, and fleet operators. With a background in automotive technology and mobility innovation, Michael is passionate about reshaping how businesses and consumers access vehicles in an evolving transport landscape.

What you’ll learn

• How Car Ownership is Changing – The shift from traditional ownership to flexible access models like subscriptions, rentals, and short-term leases.
• Why Flexibility Matters – How economic uncertainty and changing consumer preferences are driving demand for alternatives to long-term car commitments.
• The Blurring of Mobility Options – How leasing, renting, and car subscriptions are merging into a seamless vehicle access ecosystem.
• Lessons from Other Subscription-Based Industries – What mobility providers can learn from streaming services and other flexible subscription models.
• The Future of Car Access – Predictions on how automakers, mobility companies, and consumers will shape the future of private car ownership.

Quotes

"Structurally embracing flexibility is more important than locking people into long-term contracts.

"We're going to see a lot more blurred lines in vehicle ownership and access over the coming decade."

"The auto industry was built on long-term contracts, but today’s consumers want options—daily rental, subscription, leasing—all under one roof."

"Flexibility isn’t just a consumer demand—it’s a business opportunity."

Links:

Byte Size on Apple Podcasts

Loopit’s Website

Connect:

Connect with Emily via email: emily@compassiot.com.au

Connect with Byte Size via LinkedIn