Michael Chuang presents a short promotional segment for Motor Envy's vehicle subscription service, arguing that subscribing avoids steep depreciation on new luxury cars while still providing high-quality, pre-qualified preowned vehicles. He emphasizes that Motor Envy thoroughly filters vehicles and will not offer any car they themselves wouldn't drive, since Motor Envy retains responsibility for maintenance and repairs.
Questions this video answers
30–40% over three years.
Chapters
Motor Envy's vehicle subscription service is a tremendous value add for people that traditionally buy their cars as well. The number one reason why nobody should buy another car, especially a luxury car, is because first of all, if you're buying brand new cars, you're just taking crazy depreciation. A lot of these cars are taking 30 or 40% depreciation over three years. That's just insane to me. At Motor Envy, we put you into cars that shield you from this depreciation. And at the same time, despite the fact that most of the cars are not brand new, they go through a extensive pre qualification here at Motor Envy to make sure they're top notch. Look at it this way, we will never subscribe to you a car that we wouldn't drive ourselves because at the end of the day you don't own it. So if we push a back car onto you, guess who's going to be dealing with it? We will. We are the ones that's going to be maintaining your car. We're the one that's fixing your car. We're the one that has to deal with any other car problems. So we make sure that we do not have to deal with any of these car problems when we hand selected the vehicle. And only the best will pass through our filtering system.