The full picture
How rent to own works. All of it. Including the parts others hide.
This page is the whole deal: the four steps, the agreement in plain English, every fee we charge, and exactly what happens when your last payment goes through. Read it all before you commit to anything, with us or anyone else.
Simple on purpose
From "no" to new keys in four steps
- ✓ No credit check, ever
- ✓ Full costs shown before you sign
- ✓ Cancel the application any time, free
Check you qualify (60 seconds)
A few easy questions about your budget and work. No credit check, no documents needed for this first check, and you'll see an answer on screen straight away.
We find your car
Tell us what you need and we match you with a late model car that fits your budget, serviced and safety checked. You see the exact car and the exact total cost before you sign.
One weekly payment
Insurance, rego, servicing and roadside all included. The same amount every week for the whole term, so you can actually budget.
The car becomes yours
Make your payments and at the end of the term, ownership transfers to you. It's written into your agreement in plain English, not hidden in fine print.
The agreement, in plain English
What you're actually signing
A rent to own agreement means you rent the car week by week, and every payment counts toward owning it. You're not borrowing money and you're not just hiring a car. You pay the same amount each week for a fixed term, usually 2 to 4 years, and when the payments are done the car is yours. That's the whole idea.
Your weekly payment
One fixed amount, the same every week, from your first payment to your last. It covers the car, comprehensive insurance, rego, CTP, scheduled servicing and roadside assist. It never goes up during your term, and there's nothing to add on top. The total you'll pay over the whole agreement is printed on the front page before you sign.
What happens if you miss a payment
Talk to us. That's genuinely the whole first step. Life happens, and one missed week doesn't put your car at risk. Your first late payment fee is $0, and after that it's $15, not the $40 or $50 some companies charge.
If money gets tight for longer, we have a published hardship policy: we can pause or reduce payments while you get back on your feet. And here's something to check with any rent to own company: some fit devices that let them switch your car off remotely if you fall behind. We never do that. No remote disabling, no surprise repossession. Problems get solved by talking, not by stranding you at the school pickup.
Km allowances, explained honestly
Your agreement includes a km allowance, typically 25,000 km per year, which covers the vast majority of Australian drivers. Why does it exist at all? Because we insure and service the car, and a car doing 60,000 km a year costs a lot more to keep safe and reliable than one doing 15,000.
If you know you'll drive a lot, say you do rideshare or long commutes, tell us up front and we'll quote a price that covers it. That's cheaper and fairer than a surprise charge later. We check the odometer at scheduled services, not with tracking devices, and if you're trending over we'll talk to you about it early rather than bill you at the end.
The part that matters most
What happens at the end
When your final payment goes through, ownership of the car transfers to you. Not "you may be eligible to purchase". Not "at the company's discretion". Transfers. To you. It's written into your agreement on page one, and the transfer fee is $0.
This is the single most important thing to check with any rent to own company, because some agreements never actually hand over the car. Ask to see where ownership transfer is written in their contract. If they can't show you, walk away. Ours is right there, and we'll happily walk you through it over the phone before you apply.
Ready to see where you stand?60 second check, no credit impact, answer on screen straight away.
See if I qualifyPublished, in full
Every fee we charge
This is the complete list. If a fee isn't in this table, we can't charge it. No establishment fees, no admin fees, no "documentation" fees invented at signing.
| Fee | Amount |
|---|---|
Deposit (one off)what does this mean?The only upfront money you pay. It comes off what you owe overall, and a bigger deposit lowers your weekly payment. | from $690 |
Weekly paymentwhat does this mean?The same dollar figure every week for your whole term. It never goes up, and there's nothing to add on top. | as quoted, fixed for the term |
Late payment feewhat does this mean?What happens if a payment is late. Your first time is always free, so one tough week doesn't cost you anything extra. | $0 first time, then $15 |
Early exitwhat does this mean?If you need out, hand the car back. You'll pay at most 4 more weeks, no matter how much of your term is left. | return the car; remaining weeks capped at 4 |
Ownership transfer feewhat does this mean?The fee to make the car legally yours at the end. There isn't one — finish your payments and it's yours, free. | $0 |
| Hidden fees | $0 |
Early exit in plain English: if you need out, you bring the car back and pay at most 4 more weeks, no matter how long is left on your agreement. That's it.
$0 hidden fees. Always.Get your own honest number in 60 seconds.
See if I qualifyA real worked example, down to the dollar
Here's a small car, like the Suzuki Baleno on our cars page, over a 3 year term. This is the entire cost of getting in, driving for 3 years, and owning it at the end.
And the honest comparison: a bank loan for the same car would cost roughly $26,000 over the same 3 years, if a bank will approve you. Rent to own costs more because we take the risk the banks won't. If you can get the loan, take the loan. See the full honest comparison →
| Small car, 3 years | Cost |
|---|---|
| Deposit (one off) | $690 |
| Weekly payment × 156 weeks | $195/wk |
| Insurance, rego, CTP, servicing, roadside | Included |
| Hidden fees | $0 |
| Total to own the car | $31,110 |
Example based on guide pricing. Your quote shows your exact numbers before you sign anything.
Why not you? Why not now?
Find out in 60 seconds if you qualify. No credit check, no documents, no obligation, and an answer on your screen straight away.
See if I qualifyChecking never affects your credit score. Prefer email? Write to us at admin@whynotownit.com.au.