Answers to Rent to Own Frequently Asked Questions
What is Rent to Own?
This is an option given to a Client who wants to own a vehicle and can rent the vehicle taking ownership at the end of rental term.
Can a blacklisted person Qualify .
With the banks and finance companies it s basically impossible therefore we have come with this option With our company you surely can .
Who Is Responsible for the Insurance?
It would be the client’s responsibility to have comprehensive insurance cover on the vehicle.
Are there limitations on travel?
The vehicle is not permitted to cross any boarders. The vehicle is strictly to be used with in South Africa.
Can non South African citizen apply?
Yes you may however you would have to rent for 6 months before going on a rent to own agreement.
How do vehicle services work?
If the vehicle that’s on the agreement does not carry a motor plan then the client will pay for the servicing and maintenance of the vehicle.
Is there a limitation on Mileage?
There is a limitation on Mileage for the duration of contract
How do I pay?
Payments are made via debit order.
Is there a deposit required?
Yes there is depending on the type of vehicle .
Can I choose a Vehicle and come to you to finance it.
No, the vehicles that are on this website are the only ones available.
Where do you get your vehicle from?
These vehicles are all 2-3 year old rental cars.
What documents is required to apply?
The following documents are required for every application.
- Copy of ID/Passport document.
- Copy of Drivers Licence.
- Proof of Residence, not older than 3 months.
- Recent Salary Advise (Payslip).
- 3 Months Bank Statement.
How long do the application processes take?
Documents can be faxed or emailed. We will revert back to you within 24 hours on whether your application has been approved and what vehicle you qualify for.
How long after my application being approved, do I wait for the Rent – To – Own vehicle?
After receiving confirmation of the application being approved, we will need you to pay a deposit. We will then prepare a vehicle for you. This will take 7 – 10 working days to put the vehicle through all the mechanical and vehicle checks.
Can I request an upgrade from my Rent – To – Own vehicle?
Yes, we do offer vehicle upgrade options after a 12 month period or your existing contract.
What is the Rent – To – Own period?
We offer tailor made repayment options. You can choose a payment option from 24 months to 48 months.