Rent to own a vehicle refers to when a vehicle is sold to a consumer under an agreement with the lender. The agreement terms do differ from dealership to dealership. You are paying for the vehicle as if you are renting the car but when turning in the vehicle at the end of the term, as you would if you were renting a car; your payments go towards the purchase of the vehicle. At the the end of the agreement you will pay the remaining balance.
Now that we understand what rent to own is, how do you get rent to own auto financing? The first step to take in seeing what your personal auto financing options are is to fill out our RTO request form online.
You Will need a few things to get started on getting approved for a rent to own auto loan:
With rent to own auto financing, lenders tend to view your source of income as your credit. A majority of the time, lenders will not need to check your credit score when getting approved for a rent to own auto loan.
Autos Rent To Own can help you get approved, start by filling out our easy rent to own auto financing request.