“RENT 2 BUY" is NOT A LOAN its an alternative for people whom want to BUY there own car or can not meet the required financial profile of today.
“RENT 2 BUY" is NOT A LOAN it's an alternative for people who want to BUY their own car or cannot meet the required financial profile of today - NO CREDIT CHECKS - PAY “BALLOON-BALANCE” BACK ANY TIME
“RENT 2 BUY" Is now available on cars over €4000 and works on a 30% -40% DEPOSIT– Payment are spread over 54 Months – You can pay back the Balloon figure at any stage from 1 Month to Month 54 giving you flexibility to buy your car.
You can also part exchange your car as a part or all of your Deposit.
Look at our FAQ to understand more:
1) How is my car valued? The Car Is valued buy the company that will underwrite your Rent 2 buy option– all our cars have been approved for already.
2) How long is the contract for & do I own the car in the end? The term of the contract is for 54 months – On final payment you own your car. The 54 months is a flexible term and you can pay for the car any-time from 1 month to 54 months.
3)Can I pay for the car at any time in the contract? Yes, you can pay for the car at any point from Month 1 to month 54. Every month the Balloon payment figure reduces.
4) Can I sell the Car any-time within the Contract Time?Yes you can sell the car at any time in the contract period to pay off the Balloon figure or refinance a new car.
5) Can I trade in my Car any-time and have a new Rent 2 Buy Contract? Yes you can at any point in your contract trade in your car for a new car and renew your contract.
6) How long does it take to get a Rent 2 Buy Loan? 24 hrs to prepare your Contract & You can drive away in your car.
7) How much are repayment per €1000?
The price to pay in one month is from €59.80 *
8) What Is The Maximum Amount I Can Have?
The maximum amount is 60% to 70% Depending on the valuation.
9) Can I Part Exchange my old car and use it for towards my Deposit? Yes we will value your car, and then you can use that value as part/Full payment Deposit for your new car.
10) Are there any credit checks applicable to pass for loan approval? No there are no credit checks.
What do I need to provide to obtain approval ?
On signing the contract all you need to provide is a copy of your PASSPORT, NIE Certificate, Or DNI Card.
There are 2 simple steps to driving away your RENT TO BUY car.
1). Choose the type of car you would like to RENT TO BUY.
2). Provide the initial deposit and the required documentation and Sign the contract and away you go!
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