| Canvas | |
| Type: | Subsidiary |
| Industry: | Transportation |
| Fate: | Acquired by Fair Technologies |
| Predecessors: | --> |
| Successors: | --> |
| Founded: | December 2016 |
| Founders: | --> |
| Defunct: | September 2019 |
| Hq Location City: | San Francisco, California |
| Area Served: | San Francisco Bay Area, Los Angeles |
| Key People: | Ned Ryan (founder, CEO) |
| Services: | Vehicle subscription of Ford and Lincoln cars |
| Parent: | Ford Motor Credit Company |
Canvas was a vehicle subscription company based in San Francisco, California, for Ford and Lincoln cars. The company was a subsidiary of the Ford Motor Credit Company. Canvas was acquired by Fair, another vehicle subscription company, in September 2019.[1] Canvas was directed at consumers seeking alternatives to car ownership and leasing or daily car rental.[2] For a subscription term of three months to a year or longer, the service provided the use of a car bundled with insurance and maintenance coverage.[3]
Canvas was founded in December 2016 under founder and CEO Ned Ryan as a subsidiary of the Ford Motor Credit Company.[4] The company launched operations in May 2017 in the San Francisco Bay Area.[5] In November 2017, Canvas expanded to the Los Angeles market.[6]
Canvas offered previously-leased Ford and Lincoln models for 3 to 12 month subscriptions. As of September 2018, subscription costs ranged from $379 per month for a Ford subcompact to $1,125 per month for a Lincoln luxury SUV.[7] [8] The bundled monthly subscription included insurance, warranty, maintenance and roadside assistance.[5]