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Lynk & Co’s compact SUV costs €500 a month but might earn you a profit

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Car company Lynk & Co has finally revealed the details of its hybrid ownership model, which lets people subscribe to its Lynk & Co 01 compact SUV for €500 per month, with the option of renting the vehicle to other Lynk & Co members to begin earning that fee back.

At a launch event today, the company said customers could even make a profit on their €500 a month subscription if they’re able to rent out their vehicle with enough frequency. The first Lynk & Co memberships will be offered in Amsterdam from the end of October with the opening of its debut Lynk & Co club location. The company envisions opening up “clubs,” not dealerships, in major European cities where members can hang out with local artists, DJs, and chefs, for example, or be treated to exclusive “product drops.” The company’s 01 hybrid and plug-in hybrid cars will begin shipping to Amsterdam members in April.

The Lynk & Co brand was first announced in 2016 in Gothenburg, Sweden as a “born digital” alternative to Volvo, the company that spawned Lynk & Co with help from their Chinese parent Geely. Lynk & Co CEO Alain Visser is a 30-year auto industry veteran of Ford, General Motors, and Volvo.

There are two kinds of Lynk & Co members: those paying for a car and those who rent cars. Members looking to rent can join for free in the Lynk & Co app. Members with a car can set their own price and conditions for rentals, including car pickup and drop-off locations. A member with a car can share their digital key to free members to open their rented vehicle. All members have access to Lynk & Co clubs.

The €500 membership fee can also be split between multiple individuals, allowing a group of friends in the same city to share a single car. The monthly fee includes insurance and servicing by the Volvo dealer network. (Digital keys can also be shared with Volvo, to let its employees retrieve your car and return it when servicing is complete.) The monthly fee doesn’t cover the cost of fuel or electricity, however.

The Lynk & Co 01 can also be purchased outright and then rented to members. The standalone price will be announced in the next couple of weeks, the company says. In China the 01 is only sold directly, as the company claims the market isn’t mature enough to support the membership model. In China, the 01 originally listed at just under $24,000 when it first went on sale in 2017.

Image: Lynk & Co

Image: Lynk & Co

Lynk & Co will initially offer the 01 compact SUV in two colors, blue or black, and two powertrains, hybrid or plug-in hybrid. The plug-in hybrid is capable of going 68km (42.25 miles) on electricity only. The new 01 differs from the original 01 in a number of ways. The face has some slight tweaks (but remains largely unchanged visually) while inside the cars there’s a new infotainment system, a new airbag configuration for Europe, and the use of more sustainable fabrics made from recycled fishing nets.

The Lynk & Co club concept is meant to inject a sense of cool into the brand. “Young customers more than ever like cool things and like cool brands,” says Visser in a video promo. “By being a member of Link & Co you also get access to fun things, to fun brands, to fun artists. Whether it’s music festivals or artists [or] art galleries. So you don’t just get access to a car, you also get access to events that happen in your neighborhood.” During today’s launch event, Visser also conceded that “trying to be cool is not cool.” The opening of the Amsterdam club next month will be followed by a Gothenburg club in Sweden before the end of the year.

Launching a new sharing concept and brand in the age of social distancing won’t be easy. But at least by choosing Amsterdam, Lynk & Co is putting itself in front of a city filled with young, multi-modal professionals who already share cars using services like Greenwheels, SnappCar, Fetch, and Share Now (the joint venture operated by Daimler and BMW formerly known as Car2go). It doesn’t guarantee success but at least its car sharing model stands a chance.

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Charge Your Phone Wirelessly With 50% off a Multifunctional LED Lamp

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Best Tech DealsBest Tech DealsThe best tech deals from around the web, updated daily.

White Wireless Charge Lamp | $18 | Amazon | Clip coupon + code ABC88699
Black Wireless Charger Lamp | $20 | Amazon | Promo code ABC88699

When you’re ready to turn in for the night, you don’t want to forget to charge your phone— especially if your mobile device doubles as your alarm clock.

With this wireless charger lamp, you can make this crucial step of your nightly routine even easier by just setting your phone on the wireless charging pad and… well, that’s all there is to it!

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Other functions include multiple lighting modes as well as a sleep timer option for auto shut-off of the light after 30 or 60 minutes.

This lamp can be yours in white for $18 if you clip the coupon on Amazon (it’s below the original $40 price) and add promo code ABC88699 at checkout.

You can snag the black version for $20 using the same code—no coupon though, sorry.

Don’t sleep on this deal! Who knows how long stock or the coupon code will last?

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Keep That Hotdish Hot With 65% Off a Luncia Casserole Carrier, Only $11 With Promo Code

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Best Home DealsBest Home DealsThe best home, kitchen, smart home, and automotive deals from around the web, updated daily.

Luncia Double-Decker Dish Carrier | $11 | Amazon | Promo code SDDU9S7F

It has been a long time since the days we could safely have a potluck or other gatherings, but we have a fantastic deal perfect for once those times return. These double-decker Luncia dish carriers can be had for 65% off when you add promo code SDDU9S7F at checkout and clip the coupon on the site (it’s just below the price). These holders fit 9″x 13″ sized baking dishes.

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That means you can insulate and keep two dishes of food warm for only $11 instead of $30. What’s more, your Luncia carrier will arrive by Christmas if you order today as a Prime member.

Just add promo code SDDU9S7F and clip the 5% off coupon to bring the price down to $11 for the blue or the grey option.

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Grab this offer while it’s still around!


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Conquer Your Pup’s Dander and Fur With $700 Off a Cobalt or Charcoal Bobsweep PetHair Plus Robot Vacuum

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Best Home DealsBest Home DealsThe best home, kitchen, smart home, and automotive deals from around the web, updated daily.

Bobsweep PetHair Plus Robot Vacuum & Mop (Cobalt) | $200 | Best Buy

Bobsweep PetHair Plus Robot Vacuum & Mop (Charcoal) | $200 | Best Buy

Allergies can be bad enough as the seasons change. Don’t let pet hair and dander add to that by vacuuming it up early and often. That chore is easier said than done— unless you have a robot vacuum to do the work for you. This lovely bright cobalt Bobsweep PetHair Plus robot vacuum and mop, only $200 today at Best Buy seems like an ideal option. That’s a whopping $700 off, by the way.

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You can get the same deal for the charcoal version of the robot vac, too. This model is not only specially made for picking up pet hair, it self docks and charges when it’s finished with the work.

It also comes with a mop attachment, so it can take care of those kitchen floors for you as well. Grab it while it’s still available for this fantastic price!

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