https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12108771
Mercury launches EV rental service from $100 a week
17 Aug, 2018  Grant Bradley

[image  
https://www.nzherald.co.nz/resizer/wq3EVwTFjK4oxmn46qLgvRrX5mo=/620x349/smart/filters:quality(70)/arc-anglerfish-syd-prod-nzme.s3.amazonaws.com/public/7YTT23BN7NCEBJMXOLUUV5A7YU.jpg
A Tesla among other vehicles part of a subscription scheme
]

Mercury has launched an electric vehicle subscription service offering cars
from $100 a week as a way of enticing drivers in plug-in transport.

The energy company has teamed up with Snap Rentals for the service which
offers a Gen 1 Nissan LEAF for $399 a month if renters sign up for six
months. At the other end of the scale, a Tesla S starts at $2099 a month for
a three-month term.

The Tesla is capable of getting from 0 to 100km/h in as little as 4.4
seconds and typically sells for $130,000.

Mercury says there are no extra charges and the scheme is a way of getting
people put off by the purchase price of an EV, said Mercury's chief
marketing officer Julia Jack.

"Our research has shown people know EVs are better for our country and
environment and many are ready to consider one as their next car. It also
suggests there are some concerns about up-front costs," she said.

The scheme had the potential to "turn the traditional car ownership model on
its head".
The service insulates drivers from depreciation shocks and takes away the
hassle and extra costs.

Apart from the excess that would come into effect in the event of a claim
being made, the insurance, maintenance, roadside assistance and registration
costs are all included.
Running an EV typically costs the equivalent of 30c a litre equivalent for
the electricity to run it.

Mercury says some of its customers spend $400 a month.

The Auckland service so far had about a dozen cars which Mercury said was
enough to meet the early demand with the ability to get additional cars in
the near future.

''If there's significant demand, we'll work with industry experts to get
access to cars at a pace, value and quality that we can sustainably invest
in to make them easily accessible to customers.''

The Gen 1 LEAF is six years old and has a 115km range. A year-old E-Golf is
$949 a month although is currently out of stock.

Renters don't have to be Mercury customers and Jack said that if they
decided the car chosen wasn't for them, they could swap it out for another
model or stop their subscription.

''We see EVs as New Zealand's largest green growth opportunity. Many people
are already thinking about going electric and we are all for trialling a way
to turn that consideration into action," she said.

"As well as testing a solution to get more people into EVs, Mercury Drive
will give us an even better understanding of what people are looking for
from electric vehicles to help develop and support other initiatives to
promote the electrification of transport in New Zealand."
[© nzherald.co.nz]
...
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https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12108771
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