Not at all! We will actually purchase your vehicle, and ownership of the vehicle will be transferred to us. At no stage do we lend you any money. You are also not obliged to rent either your own, or any other vehicle from us. It is entirely your choice if you wish to do so.

Our rentals are generally cheaper than if you were to rent a vehicle from a rental company such as Avis or Europcar. The rentals are calculated taking into account the type of vehicle, the age of the vehicle, mileage and the book value of the vehicle. The rental amount will also include: – insurance on the vehicle – tracking costs (the vehicle will be fitted with a tracking device). We would quote you a rental amount before you sign any documents to ensure that you are happy with all of the elements of the sale and/or the rental. We will give you at least one month’s notice of any increase to the monthly rental amount, and this will not happen more than once a year.

The rental runs on a month to month basis, and you are not tied into any minimum period. At the end of each month, you can either return the vehicle to us or rent the vehicle for another month by paying the rental for the next month to us.

The vehicle price will again depend on the market value of the vehicle at that time, the condition of the vehicle, the age of the vehicle, etc. You could expect the vehicle to be sold back to you at as close to the market value of the vehicle as possible. The vehicle purchase price will be clearly indicated on the contract. No surprises.

Typically within 24-48 hours from the time you bring your vehicle to us for the inspection. If repairs are required to bring the car up to roadworthy standards, a repair consent form will need to be signed in addition to the offer to purchase and lease agreement. The purchase price will be transferred to you and as soon as the vehicle repairs are completed and the lease amount is paid by you, you can DriveAway.