Today, some of us are spending less time in our cars and keeping an even closer eye on ownership costs as a result. “At Ford, we are focused on ways to improve our drivers’ experiences through connectivity. Mile Auto does not require smartphones, mobile apps or other hardware to take advantage of lower rates. By leveraging onboard telematics data from current Ford models, Ford owners can choose to share mileage data with Mile Auto. Through Mile Auto’s technology-driven and privacy-centric pay-per-mile approach, Ford owners who drive under 10,000 miles per year could potentially save between 30% and 40% off their current rates. In 2019, Mile Auto launched a similar program with Porsche Financial Services. The company also announced a partnership with Ford Motor Company to save Ford owners on their auto insurance rates. This is why we invested early, and we’re excited to be a part of the company’s journey as they grow.” – Miriam Rivera, CEO, co-founder and managing director of Ulu Ventures. This is demonstrated by innovative partnerships they’ve struck, like the one they are announcing today with Ford.
#Automile ford serial#
We place a high value on transparency, values and vision, and we believe that Mile Auto’s founding team of serial entrepreneurs can have a great impact on the industry. Mile Auto’s data-driven approach to insuring an underserved segment, lower-mileage drivers, is exactly what the market needs right now. Today it is at a pivotal juncture where innovation is finally unlocking cost savings for consumers.
“The auto insurance industry has operated decades behind other industries that have undergone digital transformation. Currently Mile Auto is available in Arizona, Georgia, Illinois and Oregon, with plans to expand into additional states within the next six months.
#Automile ford drivers#
Drivers pay only for what they use, resulting in savings of up to 60% according to the company. Investors include Ulu Ventures, Emergent Ventures, Thornton Capital, and Sure Ventures.įounded in 2016, Mile Auto leverages its technologies to collect and validate odometer data without the need for extra hardware, mobile apps or GPS tracking. Our dedicated finance team at Boch Exotics near Brookline is accustomed to the unique challenges of the exotic car market and will use every available resource to find our customers the right terms for their next exotic car purchase.Atlanta-based MGA offering pay-per-mile insurance Mile AutoĪnnounced that it has secured $10.3 million in seed funding. The finance department at Boch Exotics is happy to walk you through the differences and help you determine which financing option in Newton, MA, is right for you. There are advantages to both leasing and buying your next exotic car near Boston. We believe the process should be as stress-free as possible, so relax, we're here to make the buying process straightforward and simple. What matters most, though, is your opinion, and which model grabs your attention. Our online inventory is constantly being updated with listings of vehicles available in our showroom, including the M-Class, R8, California, Ghibli and Other Exotic Vehicles. No matter your preference, Boch Exotics has plenty of Ferrari, Mercedes-Benz, Audi, Maserati and BMW options to choose from. Vehicles are for illustration purposes only. All customer promotions and incentives to dealer. Your mileage will vary depending on how you drive and maintain your vehicle, driving conditions and other factors.-MSRP MSRP is the Manufacturer's Suggested Retail Price and excludes all fees and charges.Price When provided, dealer's advertised price does not include $429 doc prep fee, tax, title, or registration. Prices and availability are subject to change at any time without notice.-MPG Mileage based on 2016 EPA mileage ratings.
Please verify the accuracy of all information directly with the dealership prior to purchase. However, as the possibility for data error exists, the information listed on this site may be incorrect and is not guaranteed. General We try to present information that is complete and accurate. *Terms & Disclosures REBATES PROMOTIONS AND INCENTIVES ALL REBATES PROMOTIONS AND INCENTIVES TO DEALER, INCLUDING RECENT COLLEGE GRAD.
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