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November 12, 2015 06:00 am

Uber South Africa Launches $500 a Month Car Lease Which Includes Replacing Tires

An anonymous reader writes: Taxi hailing platform Uber has experimented with vehicle financing schemes around the world this year: it launched a pilot program for car loans in three US towns in the summer and had a two year relationship with Santander too. It's South African arm has gone one step further, however, with an official vehicle leasing — rather than purchase — scheme backed by local lender Wesbank. For about $500 a month which covers the car, maintenance and even tire wear, drivers get access to a mid-sized sedan. Hertz and other car hire firms are also joining in with similar schemes to boost the number of Uber drivers in the country.

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Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/VOLhJtl8XT8/uber-south-africa-launches-500-a-month-car-lease-which-includes-replacing-tires

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