For a maximum of 12 consecutive months. The lease is month to month, and you are not tied into any minimum or lock-in period.
At the end of each month, you can either exercise your option to buy the vehicle back at the SAME amount it was purchased for or lease the vehicle for another month.
You will be provided with the option to purchase the vehicle upon termination of your lease for the same cash flow amount you received.
A R2,000 administration fee will be added to that amount.
The price for you to purchase the vehicle will be clearly indicated on the contract.
NO SURPRISES!.
Upon receiving your submission we approach our network of buyers and provide you with an indication of the best offer (based on the current market trade value of your vehicle).
A final offer is made once the vehicle has been inspected and the roadworthy condition has been assessed.
If you decide to proceed, we will request that you provide us with some documents and vehicle pictures and typically, within 24-48 hours from the time you submit the required documentation, the transaction can be completed.
The final cashflow contribution amount will be transferred to you as an immediate payment as soon as the transaction is completed.
You must own the vehicle and the vehicle must be fully paid off (the vehicle cannot be under finance, in other words, you cannot owe any money to a bank or anyone else on the vehicle).
The vehicle license must be current.
The vehicle cannot be more than 10 years old nor can it have more than 175 000 km on the odometer.
The market trade price of your vehicle must be at least R120 000 at the time of your submission.
The vehicle must pass a roadworthy test.
You will need to present the vehicle to us for final inspection in order to complete the transaction.
