There’s nothing quite like the thrill that comes with owning your first car. But the promise of independence is often all that first-time car buyers think of. Before you start looking for your new car, it’s best to do a bit of research into the car financing options available to you so you know exactly what to looking for when weighing up car finance and rent to own deals.
Unless you’ve been saving for years, very few first-time car buyers can afford to buy a car for cash. Add to this the fact that you may be trying to get car finance with a bad credit history, and you’re likely to face difficulty in acquiring car financing in the first place due to high interest rates.
So, before you go looking for car finance deals, work out your budget. Make sure you’ve considered the following possible expenses, including:
- Initial down payment
- Monthly instalments
- Car insurance
- Servicing and maintenance
- Roadside assistance.
Most important of all, once you’ve found your car and made your decision, be sure to read the fine print!
Unlike some vehicle finance companies, at Earn-A-Car we’ll explain exactly how it works, so you’ll never be hit with any unexpected surprises. The easiest way to own your first vehicle, Earn-A-Car offers an innovative “rent to own” solution. This will not only help you improve your credit record in the long run, but will help you cover all the additional expenses that come with owning a car too.
All you have to do is to complete our online approval process and you could be driving away in a new vehicle in less than 1 hour. Simply meet our minimum requirements, and we’ll give you car financing that includes:
- Fixed monthly payments
- At least R300 cash back every month
- No less than R250 towards vehicle maintenance every month
- Accident cover, including towing and a courtesy car
- Comprehensive vehicle warranty
- Comprehensive Vehicle tracking
- Emergency roadside and breakdown assistance
Owning your first car has never been easier than with Earn-a-car. Find out how our car rent to own option works – our experienced and dedicated consultants are on hand to tell you more about our car deals today!