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Auto Repairs and Servicing

Hello, my name is Walter. Over the past few months, I have been working on my car. I never used to think much about my car. I would just jump into it and hit the road. Things were fine at first, but soon I realised that things were starting to go wrong. Strange white smoke started to appear from the exhaust. Sometimes when I changed gear, I could hear a strange noise. Foolishly, I ignored all of this until my car broke down. When I got to the auto repair shop the mechanic repaired my car and then gave it a full service. As he did so, I began my auto servicing education.

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Three Central Tips for Preparing to Acquire a Rent-to-Own Car

by Margie White

If you are looking to acquire a new vehicle, you should look into rent-to-own cars. This scheme is convenient for individuals interested in immediate access to a car but cannot purchase one outright. As implied, this option involves renting a car and committing to purchase it by making specific payments. The amount paid not only covers the rental costs, but it contributes to the purchase price of the vehicle. Here are some crucial preparation tips if you are interested in a rent-to-own car.

Consider the Credit Checks

It is essential to check the credit checks imposed by the service provider when getting the vehicle. This is of particular importance if you have a poor credit rating. Bad credit is a common drawback when applying for a conventional loan for a car purchase. However, the rent-to-own option is a little less stringent. If your credit is less than stellar, you can still acquire a car. However, you should keep in mind that the rules can vary a lot. Some companies will conduct credit checks and consider the rating. Others may overlook this step completely. You should evaluate your specific circumstances before choosing a company for the rental car services.

Check the Policies and Terms

There are different policies, terms and conditions which are of great importance when acquiring a rent-to-own car. These policies will influence the suitability of the option for you. For instance, in most cases, you will not be allowed to make any modification to the vehicle during the rental period. In simple terms, the car will not be yours until all the instalments are finished. Therefore, you cannot treat it as your asset. Modifications will be considered in violation of the contract. In addition, it is possible that a lump sum might be required during the end of your rental contract for your ownership to be complete. It is advisable to study the contract thoroughly so that you will not overlook important terms.  

Evaluate Additional Costs

Finally, you should check on any costs which are not included in the main regular instalment. The additional payments might be needed if you would like to have additional insurance or other perks included during the rental period. You should also note that penalties will apply as they do in any rental agreement. For instance, paying late or terminating the contract before the predetermined time can attract some additional charges. You should learn about these so that you will know how to avoid the expenses. 

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