Cars are bought cash and newer models (from 2013 onwards) can be financed through a bank. At times, a person’s credit score is low and thus do not get approval from the bank.
In this case we offer another solution called ‘RENT TO OWN’. This option gives people with a low credit score and even blacklisted clients the option to own a vehicle.
When a car is purchased through the ‘rent-to-own’ process: You get to pay off the car monthly with interest added. You could at any time terminate your monthly payment by paying the full outstanding amount still owed on the vehicle.
When a car is purchased this way: Your car will have a tracker installed and it will automatically be insured.
This process will benefit anyone who:
Has a bad credit score
Is blacklisted
Wants to pay a monthly installment
Doesn’t want to make use of public transport anymore
Wants to be more mobile
Needs a car of work purposes
Would you like to rent to own a vehicle?
STEP 1
Complete an application. We need your:
– Personal Details (Name, Surname ID-Number) – Phone number – Email Address – Monthly Income (Exceeding R11 000)
STEP 2
If you are approved, we’ll tell you for how much you are approved for.
STEP 3
Buy the car on a subscription basis.
STEP 4
You may buy the car at any time for the buy-out price (which decreases every month).
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