About Portfolio by Openroad
Portfolio by Openroad operates a luxury car subscription service in Vancouver, in partnership with Clutch Technologies. The service includes a private concierge and a fully maintained, detailed package with insurance and a number of swaps/flips per month. Customers can choose from 9 luxury brands and request customization in terms of vehicle accessories. There are three monthly subscription tiers to choose from, all of which come in at the top end of the market.
How it works
Portfolio by Openroad is available to resident of Vancouver who are over 21, have a clean driving record and a minimum Class 5 BC driver’s license.
- Complete the sign-up and application process. Portfolio by Openroad will then perform the standard driver and credit checks.
- Choose from the three packages and pick a vehicle or ask the concierge to pick for you based on your needs.
- Allow time for the first delivery, as the concierge will want to take you through the process.
- To flip during a month, contact your concierge. More notice is better, though you can give as little as 24 hours’ notice for a flip within your agreed package.
- If you want to pause your subscription, up- or downgrade, or there are any problems with the vehicle, your private concierge will deal with this.
Costs and fees
Subscription costs and terms depend on the length of commitment you sign up to:
1 month: $3499 per month + $750 activation fee
3 months: $2999 per month + $750 activation fee
6 months: $2499 per month + $750 activation fee
All subscriptions include a $2 million insurance policy with $1000 driver liability. Pauses to the subscription are available for a $200 fee per pause. The mileage limit is set at 2500km per month, with a $0.50 per kilometer excess.
Brands and models
Customers can choose from a comprehensive range of luxury vehicles from 9 top brands:
- Land Rover
Within these brands, there is a range of SUVs, Sedans and sports vehicles available. Each subscription type has access to the full range, with 4, 5 or 6 flips per month.
Subscriptions are on a 1, 3 or 6-month basis. As such, no notice periods are available for early cancelation.
What’s special about Portfolio by Openroad
Porfolio by Openroad bills itself as a luxury service, and its range of vehicles and concierge service live up to that billing. The app rating system allows Portfolio to select vehicles that are closer to your specifications each time, and vehicles are cleaned and maintained with every flip. The ability to flip up to 6 times per month, and to pause your subscription for any reason, lend an extra layer of flexibility to the service. However, the main draw here is the cars themselves, with a range of high-end luxury vehicles on offer. All customers have access to the entire range, regardless of the level of subscription, and all vehicles come with insurance and fixed liability.
Portfolio by Openroad offers a level of luxury to its service that is currently unrivalled in Canada. The flexibility offered by up to 6 flips per month and the ability to pause, also sets Portfolio apart from its competitors. The inclusion of insurance, the ability to request custom accessories, and the concierge itself all match their marketing as a premium firm.
The only drawback to Portfolio by Openroad at the moment, is that the service is only available in Vancouver. However, the company say that this will change in future.