FutureRent has expanded its fleet through a facility provided by Volkswagen Financial Services, bringing in a new wave of Volkswagen vehicles to support its growing subscriber base. The move comes as the company ramps up its mission to offer flexible, finance-free access to
high-quality vehicles in South Africa.
This marks another milestone in FutureRent’s rapid growth trajectory, following its recent R100 million (€5 million) raise from a German family office. The latest fleet expansion signals increasing confidence from major automotive and financial partners in FutureRent’s vehicle subscription model, a model reshaping how South Africans think about driving.
“Volkswagen is one of the most trusted automotive brands in the country and we are proud to expand our offering with their support,” says Luke Henwood, CEO of FutureRent. “This is more than just adding vehicles, it’s about offering our customers access to world-class quality without
the burden of traditional finance.”
A Growing Alternative to Ownership
FutureRent allows customers to access new, fully insured and serviced vehicles on a flexible subscription basis, without long-term loans or hidden fees. With insurance, servicing, tracking and roadside assistance included in a single monthly payment, the platform continues to attract drivers who value simplicity and adaptability over rigid ownership structures.
The introduction of more Volkswagen vehicles into the fleet meets increasing demand for quality, reliability and style in the subscription space, especially as more South Africans turn away from conventional vehicle financing.
“We are seeing a strong shift in consumer behaviour,” says Henwood. “People want premium vehicles without the long-term debt that usually comes with them. That is exactly what this partnership enables.”
Strategic Alignment With Global Mobility Trends
By securing a facility through Volkswagen Financial Services, FutureRent joins a growing global movement that recognises access-based mobility as the future. “This financing is a signal that institutional partners are ready to support alternative models that meet the needs of modern drivers,” Henwood adds.
About FutureRent
FutureRent is a Cape Town-based mobility company founded in 2022. It offers flexible car subscriptions designed to replace traditional vehicle ownership. With an all-inclusive monthly fee that covers the vehicle, insurance, servicing, tracking and support, FutureRent gives drivers access to mobility without the commitment of finance or ownership.
For more information, visit www.futurerent.co.za or apply via WhatsApp.
