The process is straightforward. Customers submit what sort of vehicle they are wanting, complete an application, and if approved, enter into a rent-to-buy agreement. Regular payments are made over an agreed term while the customer uses the vehicle. At the completion of the agreement and subject to the terms being met, ownership can transfer to the customer.

Rent-to-buy programs may provide an alternative option for people who have experienced credit difficulties in the past. Approval criteria vary depending on individual circumstances, income, employment stability, and the specific vehicle being applied for. Customers are encouraged to discuss their situation with our team to explore available options. We will need 6 months bank statements to confirm serviceability of the agreement. 

If it looks like you can afford the repayments you are likely to be approved

Yes. Amount will depend on the purchase price. Starting at $2000, deposit requirements can vary depending on the vehicle selected and the customer's circumstances.   Our team can explain the options available during the application process.

The vehicle remains under the ownership of the provider during the rent-to-buy term. Customers have full use of the vehicle while making scheduled payments. Ownership transfer occurs once the agreement has been successfully completed and all obligations have been met.

Approval times can vary depending on the information provided and the complexity of the application. In many cases, preliminary assessments can be completed quickly once all required documentation has been submitted.

Applicants may be asked to provide identification, proof of income, proof of address, bank statements, and other supporting documentation. Requirements may vary depending on individual circumstances and the vehicle being applied for.

Yes. Self-employed applicants may be eligible to apply for rent-to-buy vehicles. Additional documentation may be required to verify income and business activity. Our team can discuss the available options based on your situation.

Available vehicles will depend on current stock and eligibility requirements. Our team can help customers find a suitable vehicle that matches their budget, lifestyle, and application criteria.

If a payment issue arises, it is important to contact our team as soon as possible. Early communication may help identify solutions and avoid further complications. Specific outcomes will depend on the terms of the agreement.

Some agreements may include kilometre limits or vehicle usage conditions. These requirements will be clearly explained before entering into the agreement so customers understand their responsibilities.

Regular servicing is important to maintain the vehicle's safety, reliability, and value. Customers are required to keep the vehicle properly maintained in accordance with the agreement terms and manufacturer recommendations. You will need to book your car into our workshop as per the service label on the windscreen. Servicing will be included as part of your agreement. Registration is included, insurance will be at the hirers expense.

Tyres, vehicle damage and breakages are at the hirers expense 

Rent-to-buy may offer an alternative pathway to vehicle ownership for customers who are unable to access traditional finance. It can provide access to reliable transport while working towards eventual ownership, subject to the agreement conditions being met.

Early payout options may be available depending on the specific agreement. Customers interested in paying out their agreement early should speak with our team to discuss available options and any applicable conditions.

NL Cars offers a range of quality vehicles, personalised service, and a straightforward application process. Our team works with customers to understand their individual circumstances and help identify suitable vehicle solutions. If we dont have what you want in stock we go and buy it from various sources

We focus on providing reliable vehicles and ongoing support throughout the rent-to-buy journey.