Carly Holdings Ltd's (ASX:CL8) Chris Noone introduces the car subscription service to Proactive's Andrew Scott.
The business offers an alternative to finance or outright purchase of vehicles and operates in the Australian and New Zealand markets.
''Car subscription was only really first talked about in 2018 ... we launched in early 2019 and we're coming into a market that's worth $55 billion a year in sales of new and used cars'', he says.
''Subscription's going to provide a large opportunity for people and businesses who don't need cars for multiples years''.