Car subscriptions taking off in South Africa | SA News | MyZA

Long-term car rentals are growing in popularity as an alternate route to vehicle ownership in South Africa.

Also known as vehicle subscriptions, the service is touted as a way to bypass bank finance, balloon payments, and increasingly-long repayment solutions.

The option has seen a surge in interest over the past few years because it offers a lower financial barrier compared to traditional car ownership, especially since many subscription models bundle costs like insurance and maintenance into a single monthly…