The case for car subscriptions in South Africa – how it works vs traditional financing

Driven by strong social pressure to own a vehicle, South Africans can spend as much as half of their monthly salaries on the cost of a new vehicle, forking out an estimated R6,000 per month to finance the average new car over six years, says says Tinashe Ruzane, co-founder and CEO of FlexClub. Source: BusinessTech