Vehicle-as-a-Service (VaaS) is a transportation model where consumers or businesses access vehicles on-demand or through subscription services rather than owning them outright.

VaaS providers offer access to vehicles through subscription plans or on-demand rental platforms. Users typically use mobile apps or online platforms to book vehicles as needed, paying for usage rather than ownership.

Benefits of VaaS include cost-effectiveness, flexibility, reduced maintenance responsibilities, access to a variety of vehicles, and the ability to adapt to changing transportation needs without the commitment of ownership.

While both involve accessing vehicles without owning them, VaaS typically offers more flexible usage options, subscription plans, and often integrates technology for seamless booking and usage tracking.

Maintenance and insurance coverage may vary depending on the VaaS subscription plan. Some plans may include maintenance and insurance, while others may require users to arrange for these separately.

VaaS providers typically offer flexibility in subscription plans, allowing users to cancel, upgrade, or downgrade their plans based on their needs. However, terms and conditions may vary, so it's essential to review the subscription agreement.

VaaS has the potential to be more environmentally friendly compared to traditional car ownership models if it encourages the use of shared vehicles and promotes the adoption of electric or low-emission vehicles within its fleet.