Lion Car Rentals
At Lion Car Rentals, we know that life circumstances change, and traditional car ownership isn’t always practical. Therefore, we offer our Rent to Buy program, letting you drive the car you want today and own it tomorrow.
Rent to Buy
Rent to Buy
Our Rent to Buy program makes getting your dream vehicle simple and convenient. First, choose a car, SUV, or Ute from our wide selection that fits your lifestyle. Then, start driving immediately with a low upfront payment.
Additionally, you can manage your budget easily with flexible period/term of your choice and payment plans, weekly, fortnightly, or monthly, while working toward full ownership. Finally, once fulfill the term of the contract and terms and conditions you will have the option to own it , making the journey from renting to owning straightforward and stress-free.
Step-by-Step Guide
Submit a copy of your ABN and a proof of current address (such as an electricity bill or bank statement), your driver licence, bank card, and medicare card etc.
An initial bond, equal to three weeks of rental, is required. This acts as a security deposit and will get refunded at the end of the rental term.
You’ll need to pay at least one week of rental in advance which make sure a smooth start to your rental.
Finally, you’ll need to agree to follow the terms and conditions of the rental agreement. This helps both of us maintain a smooth and transparent rental experience throughout the rent to buy process.
Benefits
Weekly, fortnightly, or monthly options.
Registration, insurance, servicing, maintenance when necessary, Roadside assistance through RACV,
Option to own the vehicle at the end of the term. However, renter is expected Obtain the RWC, Paying Stamp duty and transfer fees, any excess Registration fees paid already, and all other costs incurred after transferring the vehicle.
Transparent, simple payment structure.
Start driving with minimal initial payment.
You will have a replacement vehicle in the event of an accident or breakdown, and deal with the insurance company in case of an accident
Switch to another model if needed (T&C Apply).
Yes. But your bond will be forfeited
2 years, 3 years and 4 years
Yes, if you have no outstanding arrears to pay. However, it will be a new contract, and the rental fee may vary depending on the vehicle subsequently rented. Bond of previous contract is not transferable.
Cost of the additional services should be paid by the customer.
If you wish to upgrade the vehicle you can trade and buy another vehicle or enter into a new rental agreement.
This program is completely different from financing or leasing due to following reasons:
There is no exit or early termination fee in case if you decide to terminate the contract. But bond may be forfeited.
