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Rent to own Cars South Africa. A rent-to-own car is a type of financing arrangement where you rent a car for a period of time with the option to buy it at the end of the lease. The monthly payments you make during the lease period will go towards the purchase price of the car, as well as interest and other fees. At the end of the lease, you will have the option to buy the car for a predetermined price, or you can return it to the dealership.
- You can get a car even if you have bad credit.
- You can make monthly payments that are affordable for you.
- You have the option to buy the car at the end of the lease.
Here are some additional things to consider before getting a rent-to-own car:
- The total cost of the car, including interest and fees.
- The monthly payments and how they fit into your budget.
- The terms of the lease, including the purchase option price and any early termination fees.
- The condition of the car and any existing damage.
- The reputation of the dealership.
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