The modern world is fast-paced, with human advancements in technology and services helping everyone keep up. The flexibility and convenience of rent-to-buy car subscriptions is one such advancement that has gained a lot of traction over recent years.
Car subscription services, particularly the rent-to-buy model, have become a popular alternative to traditional car ownership, as they add a lot of value to the driver-vehicle relationship. Many rent-to-buy subscriptions provide multiple benefits including the ability to upgrade your vehicle, regular maintenance, insurance, and more.
Maximising the value of your rent-to-buy car subscription involves more than just make timely payments to use the vehicle. Taking a proactive approach to using the benefits provided can add huge value to your overall package.
At We Rent Cars, we’re committed to helping our customers get the most out of their subscriptions. This article will demonstrate how to take advantage of everything a rent-to-buy subscription offers.
Let’s jump in.
Choosing The Best Subscription Plan
Before you can start reaping the underlying benefits of your car subscription, you need to understand what exactly is on offer. Understanding your subscription plan will help you make the right financial decisions as well as understand the benefits that you’ll receive.
Different car dealerships offer different subscription terms, plans, and benefits. At We Rent Cars, for example, you’ll receive the following benefits when you sign up for a rent-to-buy subscription:
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A tracking device
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Yearly licence renewal
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24h roadside assistance
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Comprehensive insurance
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Minor services every 10 000 km for 54 months
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The ability to upgrade your vehicle
How to Choose The Best Plan For Your Needs and Lifestyle
When deciding on a car subscription plan, assessing certain criteria of your lifestyle will help you enter into an agreement that suits your financial and practical needs. You need to assess things like your driving habits, budget, external environment, and personal preferences.
Evaluate how much you plan on driving each month and consider plans that offer vehicles with mileage that suit your needs. You’ll also need to consider your monthly budget and the total cost of the subscription, including any fees for additional service (if any).
Running through these considerations will ensure that the subscription you choose is best tailored for your driving needs.
Utilise Your Benefits and Additional Services
As shown above, in the case of We Rent Cars, and many other dealerships, car subscriptions offer more than just the ability to drive a vehicle. They often provide additional services including regular maintenance, comprehensive insurance, and emergency roadside support.
Roadside assistance is an easy benefit that you should always make use of when entering into a subscription. Had a breakdown? Your subscription has got you covered.
When it comes to routine car maintenance, you should proactively schedule the checkups at the correct times. This will help preserve the performance and longevity of your vehicle, allowing for fewer potential issues and costly repairs.
Services will cover things like oil changes, brake and fluid inspections, and other necessary checks to help keep the vehicle at optimal health.
By fully utilising these offerings, you maximise convenience and minimise unexpected expenses, making your subscription more cost-effective and enjoyable.
Taking Advantage of Vehicle Upgrades
Many rent-to-buy subscriptions include the ability to upgrade your vehicle. Here’s how best to take advantage of this opportunity:
The Benefits of Upgrading:
Upgrading your vehicle during a rent-to-buy agreement has various benefits including:
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Staying up to date with newest car technologies
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Driving newer models
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Financial flexibility
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Convenience and comfort
Choosing the Best Time To Upgrade
Deciding on the best time to upgrade involves assessing the performance of your current vehicle along with your own evolving needs and enjoyment.
A good rule of thumb is to assess on a year-by-year basis. This allows you ample time to assess whether the car you’ve chosen for your subscription is right for your driving needs.
At We Rent Cars, we’ll be able to help you whenever you’re ready to upgrade your vehicle, all you’ll need to do is fill in a new application before upgrading or trading in.
Managing Costs and Budgeting
Effectively managing your costs and budgeting is key to maximising the value of your rent-to-buy subscription. Here are some strategies to help you stay on top of your finances:
1. Strategise Your Monthly Payments: Create a budget for your car subscription account, including monthly payments, insurance premiums, and place them alongside your other financial obligations.
2. Minimise Additional Expenses: Be mindful of additional expenses and take the steps necessary to avoid them - things like costly repairs, mileage limits, and more are all manageable.
3. Make the Most of Included Services: One of the best ways to manage additional expenses is to make use of the benefits discussed above. Maintenance, for example, will reduce the frequency of repair costs.
4. Proactively approach costs: Don’t be afraid to manage your expenses, pay off debts, and proactively approach the costs of your subscription, in order to receive the full value of what you’re paying for.
Getting the Most Out Of Your Subscription With We Rent Cars
Managing and maximising the value of your rent-to-buy agreement requires strategic planning, a proactive mindset, and leveraging the services you’re offered.
By choosing We Rent Cars you’ll gain access to flexible subscription plans that prioritise your convenience and financial well-being.
Contact a We Rent Cars agent today!