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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.
...everything they need to do their. jobs.
Time is what keeps everything from happening all at once.
It's an interesting story because it means getting Uber cars on the road in places they haven't got to yet. I live in one of those places so I hope it works out and they come to me.
It has to be risky for Uber, I'm imagining that Africans who want to be Uber drivers don't have much in terms of credit scores.
For the kind of cars i drive, $500 would buy me a replacement car every month.
(1.21 gigawatts) / (88 miles per hour) = 30 757 874 newtons