The rent-to-own car finance plan allows you to rent a car with the intention to own it at the end of the contract period. Another option is to return the vehicle you have been renting for another rent-to-own car, similar to a trade-in. 5 Benefits of signing up for the rent-to-own finance option Unlike vehicle financing available from dealerships [...]
As with all large purchases, it is essential to do your research before buying your car online. Purchasing a vehicle is not a small deal, so it is vital to fully understand all the core elements surrounding the decision you are about to make. Here is a quick guide to take you through the steps. Understand your budget Before [...]
Rent-to-own car dealerships do not verify the amount balance in your bank account or check your credit history. This financing option can be especially beneficial in helping people with bad credit to own a car, as long as they can meet the specific requirements. Usually, rent-to-own vehicle financing companies only ask you to provide your ID, proof of residence, [...]
If you’ve tried buying a car while blacklisted, you will know that vehicle financing isn’t easy to achieve if your credit rating isn’t great. Vehicle financing in South Africa has become quite strict as a result of the Credit Act and in order to buy a vehicle that is financed by a bank or institution, you will need to [...]
Choosing the right vehicle and the best vehicle financing to suit your individual needs can be a daunting situation to be in. Each person has a different way of driving and must be at different places at different times, therefore it is essential to choose the right used vehicle and vehicle financing to safely and efficiently get you from [...]
When applying for a vehicle finance plan, the terms of the contract may become confusing at times. After deciding which company to purchase your car from, and finally being cleared after the detailed look at your credit record, you look at your car financing agreement. The terminology might not always make sense and that is where you might pay [...]
Buying a used car can be risky, but getting vehicle financing for a brand new car costs much more. Most consumers would rather purchase a second hand car. When wanting to purchase a second hand car, you need to ensure that you get the best possible deal. Get financed through a used car dealer – As direct financing may [...]
Vehicle financing can become a stressful situation, especially if you do not have an income or if you are blacklisted and have a bad credit record. Traditional vehicle finance Traditional vehicle finance includes having a good or clean credit record. The agreements are set and are not deterred from. Traditional vehicle finance focuses on being able to pay off [...]
Being blacklisted comes with a wide range of consequences. While people generally hate the fact they’ve been blacklisted, it should be a point of comfort to know that in South Africa, you’re not alone. Many people get a bad credit rating due to unforeseen circumstances. Even though they have made amends and are in the process of rebuilding their [...]
As a business owner, you undoubtedly want to make the best financial decisions in order to take your business to the next level. As many start-up business owners and entrepreneurs will know, you can and will probably face many setbacks during the first few years of your business. In South Africa, it’s vital to have your own transport. This [...]
