I kind of wish they'd have an option for both. ToonBoom Harmony still lets you do that (though they kind of obscure that on their website). You have the option of paying $71/month for Harmony Advanced, or $1130 for a perpetual license.
It would be nice for people to do something similar with Logic; you can pay for a subscription, or you can pay a flat rate to own something forever; I'm personally kind of turned off by products that do not offer perpetual licenses.
It is usually not billed monthly. They SAY it’s $5/month, but your actual price is $60 right now, for a whole year. That’s a huge difference. You’re paying a good portion of full price, with the “benefit” of having it stop working after a year.