A rent-to-own car arrangement is a flexible way to get behind the wheel without needing to apply for a traditional loan. Instead of borrowing money to buy the car outright, you rent it for around 1 to 5 years. During that time, your regular payments cover not only the use of the car but also often include things like registration and maintenance. At the end of the term, you can choose to keep the car as your own property.

The scheme is like a cross between renting and purchasing and is designed to be more accessible to people who may not qualify for standard financing options.

Our team will focus on your personal situation, not just your credit score. We look at your income, expenses, and lifestyle to help you find an option that works for you.

Here are some things that could help you get your application for rent-to-own approved:

• Stable income: If you can show that you receive money into your bank account regularly, you’ll be able to prove that you can comfortably make regular payments towards a car.
• Budgeting ability: Providers may assess your records to ensure you can afford to make payments regularly without leaving yourself in a difficult financial predicament.
• Joint applications: You could be able to apply with a family member or spouse that you live with.

Why Rent-to-Own Is a Good Option?

For many Australians, traditional car loans can be impossible to access. That’s where rent-to-own could be worth considering.

1. Easy Budgeting
At RentBuyIt, we offer all-inclusive weekly payments to cover the cost of insurance and servicing your car and even roadside assistance. Before you sign the contract, we will ensure that you’re fully aware of what you are expected to pay and that you can do so without getting into financial difficulties.

2. Path to Ownership
At the end of your agreement, there are no balloon payments or residual payments like a conventional car loan to finalise ownership of your car. All you need to do is attain a Roadworthy Certificate and pay the duty to the Road Authority in your state. However, if you decide you want a newer model or your circumstances change, you can always choose a new rent-to-own arrangement and return your current car.

How to Get Started

Getting started with RentBuyIt is simple:

1. Browse our vehicles: Check out the range of cars available on our website.
2. Apply online: Fill out our quick and easy application form.
3. Talk to a friendly advisor: We’ll help assess your situation and find the best option for your needs.
4. Drive away: Once approved, you could be driving your new car within days!

You don’t need to give up your independence. Rent-to-own car options from RentBuyIt are designed to make brand-new car ownership achievable for everyone across Australia, including customers in Melbourne, Brisbane, Adelaide, and the Gold Coast. Whether you’re running errands, spending quality time with your family, or just enjoying the freedom of having your own wheels, we’re here to help you get there.

Submit your application today to be a step closer to getting on the road.