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Rent-To-Own Vehicles: Why It’s A Great Option For Tradies

tradesperson leaning against the door of a dual cab ute

At Tradiespec, we understand what it takes to keep your trade business running. From fluctuating material prices to new equipment costs, there are several parts of your budget that always need balancing. However, perhaps none of these requires as much investment as your tradie vehicle. As your mobile office, it’s essential that the vehicle is fully fitted and well-maintained at all times. Whether it’s a ute or a van, being able to get to the worksite with all the essentials is crucial. That’s why we provide flexible vehicle rentals for our clients and maintenance costs covered. However, if you’re a tradie searching for a new long-term vehicle, our rent-to-own services will assist in managing your budget.

Benefits of Rent To Own Vehicles

The main benefit of rent-to-own contracts is that the vehicle will be yours at the end of the agreed term. As the term suggests, it is similar to regular vehicle rentals. However, all instalments go towards owning the ute or van outright. Once all weekly repayments have been made, you’ll have free reign to modify the tradie vehicle further. With this in mind, there are also several ute and van accessories that can keep your business running smoothly.

Another initial advantage to this option is that your credit history is not considered during the process. This means that while the provider may perform a credit check, your financial or banking history won’t necessarily play a part in the success of your application. This is especially great for tradies who are currently facing business constraints.

Opting for rent-to-own also means that you’ll be able to free up a part of your cash flow that would have been spent on purchasing a new vehicle. This extra income can instead be put into improving other parts of your business. Moreover, if you find that the vehicle is no longer the right fit for you, simply hand it back after a minimum 12-month period.

Tradie Rental Tip: An important point to consider is that the vehicle you are driving will depreciate further by the time you own it. However, given that tradie utes and vans are workhorses that hold their value for years, this should have a minimum impact once you do decide to upgrade. In fact, sales data suggests a premium commercial vehicle such as a Toyota or Ford will hold up to 50% of its residual value after 5 years of use.

Why Choose Tradiespec?

At Tradiespec, our rent-to-own service specifically caters to tradies and ensures that your business stays on the road:

  • Approval within a few minutes
  • Fully fitted tradie ute, van or tipper truck – inc. Toyota HiLux & HiAce options as well as the Ford Ranger, Isuzu D-Max, Hino 300 & more!
  • Registration and 24-hour roadside assistance included
  • Servicing with spare tyres included
  • Insurance and comprehensive accident cover
  • Accident replacement vehicle provided (depending on availability)
  • Easy weekly payments that are tax-deductible
  • 48-month & 60-month rental options

Enquire about our reliable rent-to-own vehicles that will ensure your business continues without disruption. Drive away in a single cab option from $339 per week or opt for a dual cab that starts from $399 per week. Get a free quote from our friendly team today.

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At Tradiespec, our mission is to help tradies across Australia with insights and advice to drive your business forward. Whether it’s tips on vehicle selection, how to manage your fleet or insurance information, we’ve got you covered.

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