AVIS and FlexClub join forces to offer competitive car subscription in SA
AVIS Fleet, the leasing business of AVIS Budget Group, is offering customers in South Africa lower-priced, long-term subscriptions on a flexible contract through online car marketplace FlexClub.
The initiative is in response to increasing demand for alternatives to traditional vehicle financing, which is hard to access and expensive in Africa. Through AVIS Fleet, customers can have a vehicle subscription that runs over 12-24 months (or longer, depending on customer needs) paid for via a fixed monthly fee.
Car subscription to rival private leasing or finance
Private car leasing has yet to make inroads in South Africa and yet demand for vehicles is rising fast as opportunities for ride-hail drivers, such as Uber, escalate. Uber drivers use FlexClub and car subscriptions to access vehicles as it gives them more flexibility and is considerably less expensive than leasing or car loans.
Initially, the service will be available only in Johannesburg and Pretoria, but AVIS plans to roll it out nationwide.