Blacklisted and need to buy a car?  Often, people do not want to pay a bank’s high finance and interest rate costs but also cannot afford to buy a car with cash upfront, or cannot get car finance because of a poor credit history. Rent-to-own car finance plans offer buyers a different purchase model where you can rent a car until it has been paid off, thereafter you own the car.  One of the many benefits of this car-finance model is that you do not need to have a good credit history to enter into a rent-to-own car finance plan.

When you opt for a rent-to-own vehicle from Earn-a-Car, you will have an affordable monthly payment that you need to make. This means that you will not have to obtain a bank loan from a traditional lending institution and  it will not affect your credit rating.

What Are The Requirements?

All you need is the following:

  • Proof of income,
  • A minimum upfront payment of approximately R16 500 (admin fee),
  • You must be able to make a monthly payment of between R3 000 and R5 000, and
  • You must meet our simple requirements.
  • Be a South African citizen

You can own one of Earn-a-Car’s vehicles in as little as 54 months and your credit history will not affect your ability to be approved.  The contract gives a comprehensive explanation of what you can expect from us and what we need from you.  The administration fee includes at least R1 300’s worth of value for your peace of mind, namely accident cover, comprehensive warranty, tracking system, accident support and cash back.

You can also earn cash with our Earn-a-Car programme. This way you can take ownership of the car of your choice as quickly as you like or you can spend the ‘cash-back’ reward to have your next car service. Contact us to find out more about the rent-to-own vehicle finance options today.