I'm after a car for ridesharing, what are my options?

Uber? Didi? Ola? If you’re interested in getting into the rideshare industry and would like to get a new set of wheels, there are a couple of options available to you.

Option 1. Rent a car for ridesharing

Renting your rideshare car can be a great option for a few reasons.

First, you’re not committing to anything long-term, and you’re free to walk away whenever you like (you’d just need to give a couple of weeks’ notice). Also, there aren’t any credit checks done and you won’t need to provide the supporting documents necessary if you applied for a loan at a bank.

And if you rent a rideshare car through Splend, they will even give you another vehicle to use while it’s being repaired, minimising loss of income.

There are lots of other benefits renting with Splend as well. From registration and CTP insurance included to health insurance, accounting services and professional mentoring, they’ll help you get the most out of your rideshare business (these are all available for rent and rent-to-own plans).

Option 2. Rent-to-own your rideshare vehicle

If you’d like to eventually own the car, you’re looking for a rent-to-own plan. Just like renting, you won’t need to go through a credit check. It’s a little less flexible though, with a termination notice of between 12 and 26 weeks depending on what you initially signed up for. Bottom line though, it is possible to get out of the plan without too much fuss.

In addition to being provided with a replacement car should you be involved in an accident, Splend rent-to-own plans also offer what they call a ‘Maintenance Pack’ which covers you for a range of vehicular wear-and-tear issues you might face. This includes replacement brake discs and pads, tyres, wiper blades and more.

Should you ever feel like taking some time off for some rest and relaxation, you can even have your payments paused (up to 4 weeks a year!).

Option 3. I’d rather finance a new car myself

If you’d prefer to sort out the financing yourself, get in touch with the team here at Stratton Finance. We’ll work hard to get you a great vehicle financing deal to suit your needs, and our process is as straightforward as it gets: Quote. Approval. Settled! Get your obligation-free car financing quote today.

The Stratton Finance difference

In addition to our market leading finance services backed by decades of experience, we can take care of finding the new car you want at the right price. Our Australia wide network gives us the power to track down the best deals, saving you the hassle of spending your free time going from dealership to dealership and negotiating with dealers.

So if you want to get the car you want at a great price, get in touch with our new car specialists today.