Unlock Melbourne’s Secrets with Our Wheels
Call Now: 1300 607 667
Unlock Melbourne’s Secrets with Our Wheels
Call Now: 1300 607 667
In Melbourne, having a car is not only a luxury but also a need in most cases. Commute to work, medical visits, errands, or anything you have to do; stable transportation can enhance independence and quality of life dramatically.
However, when it comes to accessing traditional car finance, people on Centrelink benefits may find it very difficult because of stringent credit checks, substantial upfront payments, and income limits.
Rent to own car programs are the best solutions for all Centrelink recipients. These schemes aim at helping those with lesser or non-standard sources of income to achieve the goal of owning a car by providing less restrictive and more manageable loans. In this article, we will mention some of the best rent to own companies in Melbourne that accept Centrelink payments so that you can find a reputable and affordable vehicle option that best fits your case.
RTO or rent-to-own is a form of finance whereby a client will hire a car to drive and have the right to purchase it at the end of the lease period. Rent-to-own plans do not need a large deposit or a flawless credit history like regular loans. They are instead based on fortnightly or weekly constant payments that are feasible.
Yes, a substantial number of rent-to-own companies in Melbourne do accommodate Centrelink as a legitimate source of income. Most of the time, it is simple to get eligibility requirements; they are slightly different according to the company, but in general, the requirements are basically the same.
There are some general qualifications that one should apply for in order to obtain a rent-to-own car program in Melbourne as a Centrelink recipient.
As much as possible before undertaking a rent-to-own package, it is advisable to weigh up the provider. The following are crucial considerations:
Reputability and licensing: Select a provider with a good reputation in the industry and positive feedback from past customers.
Transparent and equal contracts: Make sure the conditions are clearly formulated and no secret charges are involved.
Centrelink approachable policies: Seek companies that have policies designed specifically for Centrelink recipients.
Vehicle selection: Look for providers offering vehicle options that suit your lifestyle, whether for work, family, or travel.
Plan flexibility: Know how flexible your repayment plans are, particularly when your income varies.
Having been the longest operating business in the rent-to-own car market of Melbourne, I Rent To Own can be described as one of the most recognised names in the low-income and Centrelink-only segment of the market as well. The company is leading the way with its flexible and affordable plans, extensive vehicle options and dedicated customer support. Besides Centrelink approvals, their rent-to-own plans are also accessible to individuals with bad credit, no credit history, students, and newcomers to Australia.
