Are you shopping around for a car? If so, you may have gone through something like this:
After seeing the car you want in the colour you always wanted, you walk into the showroom and have a quick chat with one of the dealers. Before you know it, you’re behind the wheel going on a test drive – loving every minute. The handling is crisp, it’s fast but fuel efficient, and there’s plenty of boot space for all the accessories in your life. In a word: you have to have it.
Back at the dealership, you’re enjoying a complimentary coffee when the dealer (or some office assistant you’ve never met before) approaches you, looking like an emergency room doctor bearing bad news.
“I’m sorry, but your financing wasn’t approved. Better luck next time”.
Don’t you hate those words? Fortunately, you never have to hear them again.
Forget about finance. Just Rent to Buy
Renting to buy is a modern, fair solution to vehicle finance for people who are tired of jumping through hoops to get financing.
One blemish on your credit record can ruin your chances of buying a car, even though you can easily afford the monthly payments. Even if your credit record is perfect, affordability requirements from many banks have gone up so much that you need be earning six figures a month before you’re able to buy the car you want.
Rent to Buy eliminates the need for lengthy applications and the disappointment (and embarrassment) of having your vehicle financing rejected. To apply for a rent to buy vehicle purchase you just need to meet these requirements:
- Be an adult – over 18
- Have a job
- Have enough money saved to pay a deposit of at least R10 000 on the vehicle
- Earn R12 000 or more per month
If you meet all of the requirements – as most people do – you are all set.
Don’t let financing control your life
If you’d like to get behind the wheel of a quality vehicle, don’t stress about finance applications – contact us today. Our Rent to Buy sales team will assist you at every step of the process.