Vehicle subscription app Fair announced that it will acquire the assets of Canvas, a vehicle subscription service and wholly owned subsidiary of Ford Motor Credit. The acquisition will enable the company to continue to accelerate consumer adoption and expansion throughout the U.S.
Terms of the sale were not disclosed.
Fair is an app-based vehicle subscription model that went live in August 2017 and puts the entire end-to-end process of getting a car on a customer’s phone. Users can shop for a pre-owned car by all-in monthly payments they can afford, sign for the one they want with their finger, and
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