Originally Posted by
Baa_Baa
Yes percy that’s the business model of Carly to partner with vehicle ‘suppliers’ that fulfill the supply side. So stand to reason that Turners is basically the underwriter with a supply base, supplemented by other car yards in time, rental companies and punters. The challenge in the shorter term is that Carly won’t be online for some months, way longer than intended. Medium term as Collaborate figured out, it’s not about supply, it’s about demand. Turners will able to meet demand in Toto for ages as the demand side is built.
I’m hopeful that the investment works out they’ve sunk millions into this, but having followed Collaborate for years, I know it’s a long game punt on a travel / ownership mode shift to subscription and don’t expect this entirely new business model of ride subscriptions to contribute meaningful revenue to turners for many years, even if it works out, which is far from guaranteed.