Wagonex Market Research Report



Company Overview



  • Name: Wagonex

  • Mission: Wagonex is a Subscription Technology SaaS Business aiming to redefine vehicle ownership, making it fair and flexible for customers where anyone can access a car they want, when they need it, and for however long they need it.

  • Founded: August 2016

  • Founder: Toby Kernon

  • Headquartered: Tramshed Tech, Pendyris St, Cardiff, CF11 6BH

  • Number of Employees: No information is available

  • Revenue: No information is available

  • Known For: Wagonex is recognized as the longest standing UK subscription platform dedicated to car subscription services.


Key People



  • Toby Kernon: Founder & CEO

  • Ella Hastings: COO

  • Leon James: CTO

  • Chris Gibbs: Head of Finance

  • Joel Livermore: Head of Product

  • Claude Compere: Head of Engineering

  • Liz Moore: Head of Operations


Products



Subscription Platform



Description


  • Purpose: Wagonex's primary product is its car subscription service platform which is designed as a flexible alternative to traditional car finance and leasing options.

  • Benefits: Offers convenience and flexibility by allowing customers to choose subscription packages based on vehicle, monthly payment, fuel type, and mileage preferences.


Key Features


  • Choice: Customers can compare subscription deals from various trusted suppliers.

  • Flexibility: Allows customers the flexibility to drive the car of their choice for a subscription length that suits them.

  • All-Inclusive Packages: Includes road tax, maintenance, roadside assistance, and servicing as standard, with optional insurance.

  • Convenience: Online checkout process and delivery options are available, enhancing customer experience.


Recent Developments



  • New Products Launched: No specific new product launches are detailed.

  • New Features Added: Continuous enhancements in customer journey, offering tailored insurance solutions in collaboration with Veygo by Admiral.

  • Partnerships: Partnerships with various car suppliers and insurance providers like Veygo to support integrated insurance quotes and services.


Additional Solutions



Wagonex Storefront


  • Description: A digital platform for automotive businesses, providing an end-to-end customer journey from browsing to payment and contract management.

  • Features: Supports business growth goals and revenue enhancement through scalable digital solutions tailored to industry needs.


Compliance and Regulation


  • Regulatory Body: Authorized and regulated by the Financial Conduct Authority (FCA) under firm reference number 789510.

  • Data Protection: Registered with the Information Commissioner's Office in compliance with the Data Protection Act 2018.


Summary


Wagonex stands as a leader in the car subscription industry, harnessing its technological solutions to provide flexible and customer-centric car ownership alternatives. With a mission to innovate and simplify the car subscription process, Wagonex’s strategies are fueled by continuous development and industry partnerships, focusing on providing value and convenience to users.