Fair Review – Complete Review
If Porsche Drive, Care by Volvo, and Access by BMW present themselves as subscription services for the luxury crowd, think of Fair as the car subscription service for millennials.
Fair is a car subscription start-up that offers subscribers the opportunity to lease used cars for cheap on either a month-to-month basis, or on a 2 or 3 year lease agreement.
Fair partners with local dealerships to offer customers thousands of used cars from over 20 major auto brands. Fair is also one of the more price conscious options in the car subscription market.
After what proved to be an overly ambitious foray into the market, Fair relaunched their services in early 2020, this time limiting its marketplaces to California and Florida, with a focus on simplicity and ease of use.
What does a Fair subscription look like?
As a Fair subscriber, you’ll have access to a marketplace of used cars, each with its own monthly payment. The exact cost you’ll be paying is determined by Fair based on a credit check and your desired length of lease – whether it be per month or a 2 or 3 year lease agreement. The models you’ll be choosing from are all used and less than five years old.
From the mobile app you can browse all available cars, choose what kind of lease agreement you want and whether you’d like to add on things like extra mileage or extra wear and tear coverage. Then you’ll pay both a down payment and the initial first month’s fee, then set up an auto-payment system and schedule your pick-up or delivery.
If you don’t like the car you’ve chosen, Fair will give you a full refund if you notify them within 2 days of first receiving it and have driven it less than 100 miles.
How much does it cost?
Prices vary, but expect to pay anywhere from $190 to around $705 per month depending on your desired vehicle. On top of that, you’ll be paying an initial down payment when you first sign a lease. You may also be required to pay an initial security depository as well.
Where does it operate?
Fair currently offers service in California or Florida.
How do I sign up?
The whole sign-up process happens from your phone. Go ahead and download the Fair app and follow the prompts to create your new account. You’ll need to provide your driver’s license info and go through a soft and hard credit check in order to be approved.
After you’ve been approved, Fair will give you a selection of cars based upon your personal preferences. When you find a car you like, you’ll have a variety of payment options depending on your desired lease length and whatever extras you’d like you add.
Am I eligible for Fair?
If you live in either California or Florida, are at least 18 years old, and have a permanent U.S. driver’s license, you’re eligible. Fair does have specific credit score requirements that must be fulfilled in order for you to be approved.
How long do I have to wait for my new car?
Expect to wait anywhere from 1 to 3 days to receive your new car.
Can I try the service before I commit to it?
Kind of. If you don’t like your current vehicle, you can return it for a full refund as long as you haven’t driven more than 100 miles and notify Fair within 2 days of first receiving the vehicle. However, you can only do this once every 12 months.
This could, essentially, be considered a trial period.
Can I swap vehicles?
Since you’re paying for a short-term lease on a specific car, instead of a flat monthly fee for access to a variety of cars, customers don’t really “swap” vehicles. However, because the length of available lease options are so flexible, customers can agree to lease a new car in as little as a month. Of course there’s also the 2-day, 100 mile return policy, but Fair only allows customers to take advantage of their full-refund return policy once every 12 months.
Regardless, You’ll have to pay the initial down payment and the first month’s subscription fee whenever you lease a new vehicle.
How do I cancel Fair?
There’s no recurring monthly fee to subscribe to the service. You’re only paying the monthly fee agreed upon for your current vehicle, so if you take advantage of the full-refund return policy, you can cancel any payments for free. However, that only applies once every 12 months. If your cancellation doesn’t fulfill the requirements of the full-refund policy, you won’t receive a full refund.
Fair vs. Lease
Fair’s car subscription service is, basically, a lease. Essentially, Fair is a curated marketplace to lease used cars on either a monthly agreement, or a two or three year agreement. Like a traditional lease, Fair doesn’t take care of auto insurance.
It does however, cover roadside assistance, a routine maintenance plan, a limited warranty, and registration fees. Fair also provides free delivery on most of its vehicles.
Which cars are available?
Fair has tons of vehicles from over 20 major auto brands. They have both budget options and luxury options from which to choose.
What is included in the Fair monthly price?
With your monthly payments, you’ll have access to a set mileage limit which varies depending on your desired vehicle. Usually, you’ll have at least 10,000 miles to work with, but some luxury options will initially offer less. You can add extra mileage when you set up your lease agreement for an additional cost.
You’ll also have access to routine maintenance, the details of which are specific to each vehicle, 24 hour roadside assistance, and Fair’s delivery service.
Fair also covers the price of refilling your car with gas after you’ve returned it.
What is not included in the Fair monthly price?
You’ll have to pay the initial down-payment and security deposit, on top of your monthly fee, as well as any taxes and additional fees that apply.
Fair does not cover your auto insurance. Meaning you’ll need to get your own third-party insurance, and then provide proof of that insurance, in order to lease a vehicle.
There’s also a $100 return fee you’ll have to cover whenever you return a vehicle.
You can also pay for additional mileage.
Is Fair right for you?
Fair is great if you’re looking to lease a used car but want more flexibility in the length of your lease agreement, and a modern, streamlined mobile user experience.
As long as you live in California or Florida.
If you’re looking to swap vehicles at your whim, you might want to look elsewhere. As well as if you’re looking for the simplicity of the all-inclusive monthly fee that other services offer.
Fair Help & Support
All Fair help & support lines can be accessed in-app.
Q: Are Fair new or used vehicles?
A: Fair only offers used vehicles. All available models are, at most, five years old and have been driven less than 70,000 miles.
Q: Can other people drive my Fair car?
A: This will be determined by your third party insurance.
Q: Can I drive Fair outside the US?
A: Again, this will depend on your third party insurance.
Q: Can I buy out the Fair vehicle if I want to keep it?
A: Fair doesn’t offer this feature.
Fair is a really solid alternative to leasing a vehicle, if you’re looking to lease a vehicle as opposed to taking full advantage of the unique benefits of a car subscription service.
Fair has a great selection of used cars, and some really good prices if you really look around at the various lease options.
- Large variety of cars
- Flexible leasing options
- Pretty cost-effective with longer leases
- No included insurance coverage
- No swapping feature
- Additional costs can add up
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