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Flexdrive Aims to Be All-Inclusive Transit Subscription

Flexdrive plans to expand geographically this year into the West Coast, with a long-term goal of becoming an all-inclusive transit subscription service, Auto Finance News has learned.

Flexdrive aims to be much more than a “single-transit subscription” business, but a platform that includes first-mile and last-mile solutions — from bicycles to powersports vehicles, Jose Puente, president of Flexdrive, told AFN.

Started in 2014, Flexdrive is a 50/50 joint venture between Cox Automotive and Holman Automotive that provides technology to car dealerships, or any company, to start a subscription service. Flexdrive was brought to market in Atlanta in early 2017.

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