The Free Car

The Free Car is both liberating and free

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FR France
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Maturity

Concept

About the project Edit

“The Free Car is both liberating and free. Liberating because it removes itself from many of the car contingencies. Free because after a few years, the sale price is reimbursed. The principle: the price of the car is covered by the person who makes a financial profit.”

Themes

In what ways is this project unique and creative? Edit

The Free Car allows an individual to buy a car that they will get back in a few years.

What is the social value of this project? Edit

This project makes cars accessible to populations who did not have the purchasing power because of they lacked the financial means necessary.

What is the potential of this project to expand and develop? Edit

Its potential is very interesting. The Free Car costs two times less to manufacture, but can bring back five times more in money. This profitability allows manufacturers to continue assembling cars in France.

What was the triggering factor of this project? Edit

What is the business model of this project? Edit

Future owners purchase the cars between 1,000 € and 3,000 €. Thanks to a cashback system linked to promotional purchases with partners, they receive small rebates (around 2%). A commission is, therefore, given to the builder. All rebates given allow car owners to reimburse the total cost. After a few years, the car has been amortized.


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