Earn-a-Car offers you the opportunity to rent-to-own your car. Simply put, rent-to-own means that you can rent a car for a specific time and at the end of the term, once you have met the financial obligations, you are the proud owner of your car. To qualify, you need to meet the criteria listed below and complete a short online application form. If you meet the criteria, we will call you and you could be driving away in your car within 24 hours!
Who should take advantage of rent-to-own car deals?
Rent-to-own car deals at Earn-a-Car, is a great option for anyone searching for alternative vehicle finance options.
Our rent-to-own car finance is perfect for people who do not have an excellent credit score but are earning an income and do have proof of income. This is also a suitable option for people who have struggled to get a loan from a bank, or vehicle finance company. We do also help young professionals who have not established a credit record yet. We even help people who need car finance but have been blacklisted. If you are a working adult and your car finance application has been rejected, then rent-to-own a car is a good option for you.
And, you have the opportunity to earn R750 for every lead that converts into a sale at Earn-a-Car.
Here’s what you need
To qualify for a rent-to-own car from Earn-a-car, you need to be a South African citizen and reside in either Gauteng or Witbank.
You also need to:
- Have a minimum upfront payment amount of approximately R16,500 or more (approximately 20% of the value of the car you choose)
- Be able to afford a minimum monthly payment amount of approximately R4,500pm. This amount includes limited insurance, cash back, a tracking system, 24 hour breakdown support and accident support
- Have a valid driver’s license
- Have proof of ID
- Have proof of residence
- Have original bank statements for 3 months or more
- Have a recent payslip or proof of income,
- Have no criminal record
- Have no previous unresolved issues with Earn-a-Car
- Be 25 years or older if you are a male
If you are looking for car finance but do have a low credit score, then Earn-a-Car is a good option. We make sure that your credit history and finances do not impact your chances of driving home in your own car. With our rent-to-buy car finance option, you have the opportunity to get behind the wheel of a car you will eventually own! To find out more, go to our website or give us a call today.