RentBuyIt is an Australian owned company operating out of Melbourne since 2012, and specialises in servicing those individuals, families, and business owners that have sufficient income but are unable to obtain conventional finance due to the nature of their employment, limited or bad credit history, or visa restrictions.

At RentBuyIt we do credit checks to comply with our Responsible Lending requirements. However, we understand that landscape of the workforce has changed. Many families have multiple incomes and individuals may be working 2 jobs on a part time or casual basis. You may also be a single parent earning sufficient income; or have recently become self-employed.

You may have been locked out of conventional finance options offered by banks and auto finance companies due to a number of reasons, including:

• Credit Discrepancies
• Bad Credit History
• Late payments
• Not meeting a strict lending policy.

We try to assist people in this category by carefully looking at their current financial situation rather than intensely focusing on your past. What we do is responsibly determine whether you can afford the payments on the vehicle.

You can apply by sending us an enquiry online via the form or over the phone on 1300 591 811. You are also welcome to visit us on site and browse through our range of stock, and test drive the vehicle of your choice.

We will send you a one page application form, and request that you also supply the following documents as a minimum:

• 100 point of identification (Drivers Licence, Passport or Medicare card)
• Last 3 months of your bank statements (electronic link will be supplied)
• Payslips and details regarding your mortgage or rent payments.

For more information on exactly what is required, don’t hesitate to ask our friendly team.

Our deposits across most of our cars is a flat rate of $1,000, or $1,500 for a brand new car. We give you the flexibility of paying more upfront if you choose allowing you to reduce your weekly or fortnightly payments, or reduce the term of your contract.

You are required to cover the maintenance on your vehicle (excluding the capped price service offer on any new car), along with vehicle registration renewals, fuel and tolls.

Once you have completed your weekly or fortnightly payments, you are then able to take ownership of your vehicle to complete your contract.

We do not charge any balloon payments or make you pay a market value price for the car at the end of your term. To take up the option to own the vehicle the only requirement at the end of your term is that you need to provide a Road Worthy Certificate and pay any Government charges associated with transferring the car into your name.

It is compulsory to have Full Comprehensive Insurance on your vehicle at all times throughout the term of the contract.

We offer our customers access to our fleet insurance scheme that is underwritten with a large and reputable Insurance company. We can quote all insurance premiums once we have your personal and driving details.

You are free to pay off the car as quickly as you like without penalty.