[citation needed] Drover was founded in late 2015 by Felix Leuschner, previously CEO of a fashion platform Sylistpick and virtual goods market Gamegoods,[1] and Matt Varughese.
[6] In June 2022, Cazoo announced the closure of their 'cash intensive' car subscription services as part of a cost cutting plan.
[8][9] Users pay a monthly fee for a car, including insurance, breakdown cover, maintenance tax and MOT.
There are no long term commitments so users can swap, upgrade, downgrade or cancel their subscriptions.
[11][12] In 2018, some industry experts had predicted that the rise of autonomous vehicles will see traditional finance methods superseded by subscription services.