When looking at Rent to Buy cars in South Africa, the monthly price is only one part of the picture. It is just as important to understand what you are actually getting for that monthly payment.
With SA Motor Lease Rent to Buy, your monthly rental includes several vehicle-related benefits that would usually need to be considered separately when owning a car.
From damage and theft waivers to tracking and annual licensing, your agreement is designed to make budgeting for a vehicle simpler while giving you a path towards owning the car.
Here is what your monthly Rent to Buy payment includes.
What Is Included in Your Rent to Buy Monthly Payment?
With SA Motor Lease, your Rent to Buy package includes damage and theft waivers, tracking, yearly vehicle licensing and 4,000 km of mileage per month.
You also have the flexibility to change vehicles as your circumstances change, while qualifying agreements provide a path towards purchasing the vehicle for R100 after completing the required term and on-time payments.
Let’s look at these benefits individually.
1. Damage and Theft Waivers
Unexpected damage or vehicle theft can be a major financial concern when you rely on your car every day.
Your SA Motor Lease monthly payment includes damage and theft waivers, giving you additional protection while using your Rent to Buy vehicle.
This means you do not have to arrange a completely separate vehicle insurance policy simply to get onto the road. The applicable terms, conditions and liability amounts will be set out in your agreement.
2. 4,000 km of Mileage Per Month
A vehicle needs to fit into your actual life.
Whether you are travelling to work, taking children to school, running a business or simply handling everyday errands, mileage matters.
SA Motor Lease Rent to Buy packages include 4,000 km per month, giving you room for regular everyday driving without having to treat your car like it should stay parked in the driveway. The mileage is also unlimited and you can pay per km used after the free 4000.
Always check the mileage conditions contained in your individual agreement so that you know exactly what applies to your vehicle.
3. Yearly Vehicle Licensing Is Included
Vehicle licensing is another recurring cost and admin task that comes with having a car.
With SA Motor Lease, yearly vehicle licensing is included as part of your Rent to Buy package.
That means one less annual vehicle expense to plan for and one less administrative task to worry about while your agreement is active.
4. Vehicle Tracking Is Included
Your Rent to Buy vehicle also comes with tracking.
Having a tracking system installed provides an additional layer of security and support throughout your agreement.
Better still, it forms part of the overall Rent to Buy package rather than being something you need to organise separately after collecting the vehicle.
Rent to Buy Gives You Flexibility When Life Changes
A lot can change over a 48, 54 or 60-month period.
You may start earning more. Your family could grow. Your work requirements could change. Alternatively, you may decide that reducing your monthly vehicle cost makes more sense for your budget.
That is why SA Motor Lease offers the ability to upgrade or downgrade your vehicle to better suit your changing circumstances. SA Motor Lease’s existing Rent to Buy information confirms that upgrade and downgrade options form part of the programme. SA Motor Lease
Instead of being stuck with a vehicle that no longer suits your needs, you can speak to the SA Motor Lease team about the options available to you.
Your Rent to Buy Agreement Can Lead to Vehicle Ownership
One of the biggest differences between an ordinary car rental and Rent to Buy is what can happen at the end of the agreement.
SA Motor Lease offers Rent to Buy terms of 48, 54 or 60 months, depending on the vehicle and agreement. SA Motor Lease
After completing the required on-time payments and meeting the conditions of your agreement, you may have the opportunity to purchase the vehicle for R100.
That means your monthly payment is not simply about having access to a vehicle today. Your agreement provides a defined path towards potentially owning the vehicle at the end of the term.
Rent to Buy vs Traditional Car Ownership Costs
When comparing a Rent to Buy monthly payment with other ways of getting a car, avoid comparing only the advertised monthly amounts.
With vehicle ownership, there can be several separate costs to consider throughout the year.
Your SA Motor Lease Rent to Buy package brings several of these vehicle-related requirements together, including:
- Damage and theft waivers
- Vehicle tracking
- Yearly licensing
- 4,000 km monthly mileage
- The ability to upgrade or downgrade
- A path to vehicle ownership, subject to your agreement
Having these benefits included makes it easier to understand what you are paying for each month and plan your vehicle budget accordingly.
Who Can Apply for Rent to Buy Cars?
Rent to Buy can be particularly useful for people who need a reliable vehicle but struggle to qualify for traditional vehicle finance.
SA Motor Lease assists applicants who may be blacklisted, under debt review or have a low credit score. Rent to Buy is structured as a long-term rental rather than a traditional credit agreement. SA Motor Lease
This can provide another route to getting a vehicle when conventional bank finance is not suitable or available.
You will still need to meet SA Motor Lease’s application and affordability requirements before being approved.
Get More Than Just a Car With SA Motor Lease Rent to Buy
When considering a Rent to Buy car, don’t look at the monthly payment in isolation.
Look at what that payment includes.
With SA Motor Lease, your monthly Rent to Buy package combines your vehicle with important benefits such as tracking, annual licensing, damage and theft waivers and monthly mileage.
Add the ability to change vehicles when your needs change and the opportunity to purchase your vehicle for R100 after successfully completing the agreement, and you have a vehicle solution designed around both getting on the road now and working towards ownership later.
Ready to find a vehicle that suits your needs and budget?
View SA Motor Lease Rent to Buy vehicles