Is lease to own the same as rent to own?

In practice yes — both mean paying a fixed monthly amount to use a vehicle with an option to own it at the end. EzAuto's agreement is structured as a rental rather than a bank lease, so there is no credit agreement and no interest rate.

Can I lease to own a car with bad credit?

Yes. Because this is a rental and not a credit agreement, we run a soft credit check that does not affect your score and approve on affordability. Blacklisted and debt-review applicants are welcome to apply.

Is there a balloon payment?

No. There is no balloon and no residual to settle. At the end of the term you can purchase the vehicle for R5,000, hand it back, or upgrade.

What is the shortest lease to own term?

Terms are set during approval based on the vehicle and your affordability. Talk to us about the shortest term that keeps the monthly rental comfortable.

Lease to Own a Car South Africa | No Credit Agreement

Lease to own a car in South Africa without a bank credit agreement, interest rate or balloon payment. From R1,750/week, billed monthly. Soft credit check only.