How much it costs to buy a monthly car subscription in South Africa

 ·22 Mar 2021

Vehicle subscription marketplace, FlexClub has officially launched in Cape Town, enabling customers access a number of popular cars such as the Polo Vivo and Suzuki Swift for a monthly fee.

The group, which announced R75 million in funding recently, is taking aim at traditional car loans offered in South Africa.

It offers a flexible and simpler model for how people get cars in markets like Mexico and South Africa, making it a good option for those wanting to avoid the hassle of owning or leasing a vehicle, said FlexClub co-founder Tinashe Ruzane.

Ruzane said that members also earn valuable rewards over time-based on their driving behaviour, forming part of the brand’s Club Rewards model.

Members will earn points during the subscription period, which includes discounts on the purchase price of the car.

All interactions are done online, and FlexClub delivers the vehicle to the customer’s door, while customers can swap or cancel the subscription at any time.

Ruzane said that FlexClub does not require a large hold on your credit card, a common practice when renting cars the traditional way.

“Car subscriptions offer members the flexibility to swap their car, cancel their subscription or buy their car at any time.

“At FlexClub, we offer an all-inclusive monthly fee, eliminating the need for separate insurance, maintenance or telematic expenses, making it the leading alternative to traditional car loans, which can lock customers into complicated long-term commitments.”

These are some of the options currently available on the Flexclub website:

Kia Picanto 1.0 Street – R4,022 a month

Renault Kwid 1.0 Dynamique – R4,022 a month

Suzuki Swift 1.2 GA MT – R5,184 a month 

VW Polo Vivo 1.4 Trendline – R5,184 a month 

Ford Ecoboost 1.5 Ambiente MAN – R6,207 a month

Toyota Corolla Quest 1.6 Base – R6,207 a month

Hyundai Venue 1.0 TGDI Motion MT – R8,393 a month 

Isuzu D-Max Double Cab 250 – R8,624 a month 

Audi A3 1.0 TFSI S Edition One – R13,764 a month 

Mercedes C180 AT Avant Garde – R15,577 a month

Toyota Fortuner 2.4 GD-6 4×2 – R15,577 a month

BMW X3 SDrive 20i (G01) – R17,135 a month 

Read: South Africa’s car market has shifted – what you should know

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