Let’s Torque about Rent to Own

Let’s Torque about Rent to Own 150 150 SA Rent2Own

MadRent Chapter 2

Meeting Cynthia

Women-Torque recently introduced you to the world of Rent-to-Own services, where you can drive a car without having to apply for financing, pay an installment towards using the vehicle and have the option of buying it once your lease period is over. Our partners, MadRent, offer such services, and in our drive to showcase these services to you, we found a young lady who couldn’t wait to share her story with us.

Cynthia Rankgapa, a young lady who made use of this phenomenal service when she was not able to obtain vehicle financing, told us recently that she was feeling very despondent in her search for a solution to her transport challenges. Cynthia is a young single mom living in Johannesburg who, due to the fact that she did not have a suitable credit history, was not able to secure financing to buy a vehicle. Despite having a stable income through a consistent job for the last five years, she had no way of putting down a lump sum of money to buy a vehicle cash, and was relying on lift-clubs or public transport to get around. She was determined to better her circumstances by having her own transport.

Having heard about Rent-to-Own, Cynthia’s research lead her to what she calls a “life-changing” lease agreement where she was able to pay a monthly installment (which was within her budget) in order to drive a brand new Hyundai i10. She calls it life-changing because for the first time as a professional woman, she did not have to rely on public transport and could be in charge of her own schedule. Cynthia also mentions how liberating it was to be able to get up in the morning and take her children to creche and school on her way to work, knowing she could see them safely inside herself, and then go to work without worrying that they got there safely.

What Cynthia loves about Rent-to-Own is the fact that the costs she was carrying towards school transport and public transport for herself and her children are now combined into a payment towards a vehicle that she can actually choose to purchase at the end of the day. She also feels very safe, in her own words, knowing that this agreement also includes roadside assistance and car insurance, so that she will never have to be stuck without transport should something happen. Positively glowing with pride, Cynthia notes that she feels accomplished, and independent, and very
proud of the fact that she has been able to make her own life better, and easier, through making use of Rent-to-Own options as offered by our partners, MadRent.

For more information on how you too can experience this life-changing option, check out: www.madrent.co.za .

A Torque Queen Special