Rent your own with Capital 101
Rent-your-own enables clients to obtain cash upfront while driving their own vehicle, using the vehicle as security.
If the vehicle is valued at R100,000, then we will purchase the vehicle from the client. The client then enters a Rent-to-Own agreement for 48 or 60 months where the client rents the vehicle from us.
A client's vehicle is transferred to his/her name at no additional cost at the end of the rental period. After monthly rental payments. the vehicle is returned to the client free of charge. Besides insurance, a service plan tracker and annual licensing, the monthly rental is a fixed amount.
More info on Rent your own
Rent to Own offers hassle-free vehicle ownership with the worry of traditional financing. Here at our company, we settle the vehicle on the client's behalf if it's still under finance. We then pay the remaining balance of the outstanding settlement amount to the client. As an example, let's say a vehicle is worth R100,000 and the settlement owes the bank R30,000. We will pay the bank the R30,000, while the client will receive the R70,000 balance.
As a result , our company offers a "Rent to Own" for 48, or 60 months, after which the client becomes the vehicle owner. Clients gain instant cash at the end of the rental term while still driving their own vehicle. After the rental term ends, the renter becomes the owner at no additional charge of the same vehicle. Rent to Own is a great way to own a vehicle without all of the hassle of traditional financing!
If you are interested in "Rent-your-Own", please fill out the below form and we will contact you within 24 hours.
What are the advantages?
Rent to Own is the perfect solution for those who want to own their vehicle outright. All without worrying about monthly repayments or vehicle insurance.
You can use Rent to Own to finance your studies, new business venture, overseas travel, and unforeseen expenses. In 48 or 60 months, you're able to drive your same beloved vehicle once again. It's included in your monthly rental so you don't have to worry about paying for vehicle insurance, tracking, or licensing.
Rent to Own is a great way to build vehicle equity without having to take out a loan. Contact us today to find out more!
What are the advantages of Rent your Own
Rent to Own is the perfect solution for those who want to own their beloved vehicle outright, without having to worry about monthly repayment instalments or vehicle insurance.
You can use Rent to Own to finance your studies, new business venture, overseas travel, and unforeseen expenses. In 48 or 60 months, you're able to drive your same beloved vehicle once again. It's included in your monthly rental payment and you don't have to worry about paying for vehicle insurance services, tracking, or licensing.
Rent to Own is a great way to build up equity in your vehicle without having to take out a loan. Contact us today to find out more!
How does it work?
Our team will make you an offer once you submit the vehicle's details, including year, model, make, and mileage. If you accept the offer and the rental agreement, we will then purchase the vehicle from you in full. The vehicle then becomes the company's property.
A rental agreement is then signed between you and the company. Whereby the same vehicle will be rented for a specified period of time and at a predetermined price and time. At the end of the rental period, the vehicle will be paid off. It will then be transferred to the client's name at no additional charge.
How does “Rent-your-Own” work?
Our team will make you an offer once you submit the details about your vehicle, including year, model, make, and mileage. If you accept the offer and the rental agreement, we will then purchase the vehicle from you in full. The vehicle then becomes the company's property.
A rental agreement is then signed between you and the company, whereby the same vehicle will be rented for a specified period of time and at a predetermined price and time. The vehicle will be paid off at the end of the rental period, and it is transferred back into the client's name for no additional charge.