Frequently Asked Questions About Rent to Buy Cars in Australia

Auto Ownit offers Rent to Buy car agreements across Australia, helping customers get a brand-new vehicle. Below are answers to the most common questions about how it works, pricing, eligibility, and the application process. If you can’t find what you’re looking for, contact us directly.

Rent to Buy is a lease agreement that allows you to drive a brand-new car while making fixed weekly payments, with the option to buy the vehicle for $1 at the end of the contract. Approval is based on affordability and ABN status.

To apply for Rent to Buy with Auto Ownit, you need:

  • An ABN (Australian Business Number)
  • A steady income
  • A valid driver’s license (Australian or International)

Auto Ownit offers a wide range of brand-new vehicles, including cars, vans, utes, motorcycles, and trucks, from brands such as Mitsubishi, Toyota, Mazda, BYD, Chery, and Hyundai, among others. If you don’t see the make or model you want listed on the website, you can request a specific vehicle and receive a custom quote.

Auto Ownit mainly offers brand-new vehicles, but a limited number of previously owned vehicles are also available. Check current availability on the Vehicles page.

Registration is included in your weekly payments (fees vary by state or territory). Maintenance and insurance are the client’s responsibility. You can arrange your own cover or opt in to Auto Ownit’s Damage Cover for added protection.

Yes. Besides registration, insurance, and maintenance (see above), there’s a government transfer fee at the end of the contract when you transfer the vehicle to your name. A few other charges may apply in certain cases, including an excess-kilometre charge, administration fees or interest on late payments (10% p.a.).

Weekly payments depend on the vehicle, the initial deposit, and the length of the contract. As a reference, a brand new car can start from $178 per week, inclusive of GST. You can browse vehicles and payment plans on the homepage, or request a quote for a specific make and model.

The process is simple: submit a pre-application, upload your documents and once approved, choose your vehicle and contract length, then sign the contract, pay the deposit, and receive your vehicle.
 
All vehicles are fitted with a GPS tracking device and a remote engine immobiliser, and we hold the spare key until you complete your purchase. These protect the vehicle during the rental period. See the agreement’s Key Points for how and when they can be used.
 
At the end of the contract, you have the option to buy the vehicle for $1. You then transfer the vehicle to your name, and we return the spare key.

If you’re unable to make a payment, contact Auto Ownit as soon as possible to discuss your options. Each situation is assessed individually to find a fair solution for both parties.

The agreement runs for the full term you choose. If you need to end it early, you can ask us in writing, and we’ll assess your request. Conditions and costs apply.

The minimum Rent to Buy period is 1 year. You can choose a contract term from 1 to 5 years.

No. The deposit can be paid when signing the contract, and the remaining upfront payment is paid when you receive the vehicle. For example, on a $5,000 upfront payment, you can pay a $3,000 deposit at signing and the remaining $2,000 on delivery.

Start by submitting a Pre-Application form. Auto Ownit will contact you shortly afterward to help you complete the application and upload your documents. Once approved, we’ll discuss the next steps with you.

No. Rent to Buy is a rental lease. Your weekly payment is fixed for the full contract term; the amount you sign up to is the amount you pay each week.

Auto Ownit delivers to all Australian states and territories. In rural areas or locations where direct delivery isn’t available, the vehicle will be delivered to the nearest available option, either a dealership or a transport company depot.

Yes. Only genuine manufacturer accessories are used, and they are installed before the vehicle is delivered

WhatsApp Sales: +61 478 780 897. Website: autoownit.com.au