How does Rent-to-Own work?
How does Rent-to-Own work?
High Class Services’ Rent-to-Own program allows you to choose your dream car from all authorized car dealers in Australia, no matter it is an used car or brand-new car, by paying a security deposit upfront and keep paying rentals fortnightly or monthly. When the Lease comes to an end, you’ll be given the options to
- purchase the vehicle with a cost of AUD$1.00
- or return the vehicle and the Lease is completed
- or trade in the existing vehicle as a security deposit and restart another Lease on a different car.
What are the benefits of Rent-to-Own?
What are the benefits of Rent-to-Own?
- The option to save your money and support your daily cash flow
- The opportunity to reduce monthly payments’ amount
- Flexible payment periods, ranging from one to five years
- The potential to claim the GST back if the car is being used for business purposes
- Covered countrywide in all States in Australia
Looking for the right Car
Who should choose the Rent-to-Own?
If you need a vehicle for daily uses but you’re unable to or don’t want to make a large lump sum payment in one hit, Rent-to-Own program is the right option fits you.
What else do I need to know?
What else do I need to know?
- Flexible contract terms ranging from 12 to 60 months (1 to 5 years)
- A residual can be applied to a lease, lowering monthly payments
- Fixed amount and monthly lease rental payments
- The payments included GST, the Lessee maybe claimed it back from ATO and lower the total expenses.
- Please seek professional advices from your accountant for eligibility.
