You can get rent-to-own cars primarily through specialized online marketplaces and a select number of dealerships that offer these programs. The most direct and reliable method is to use platforms like CarsDirect, DriveTime, or CarNow, which are designed specifically for this type of transaction. Unlike traditional leasing, a rent-to-own agreement (also known as a lease-to-own or subscription service) allows you to apply a portion of your payments toward eventually owning the vehicle, which is ideal if you have bad credit or are building credit.
When evaluating these services, it's crucial to scrutinize the terms. Key factors include the purchase option fee, the mileage limits, and how your payments are allocated between the "rental" portion and the equity-building portion. The Federal Trade Commission (FTC) advises consumers to get all agreement details in writing to avoid predatory terms.
The table below compares some of the primary platforms where you can find these programs:
| Platform/Provider | Typical Down Payment | Average Monthly Payment | Credit Check Required? | Primary Vehicle Source |
|---|
| CarsDirect Auto Finance | $500 - $1,500 | $350 - $600 | Soft Pull | In-House Inventory |
| DriveTime | $500 - $1,000 | $400 - $550 | Yes, Flexible Standards | Used Car Lots |
| CarNow | Varies by Dealer | $300 - $700 | Varies | Partner Dealerships |
| Local "Buy Here Pay Here" Dealers | $0 - $1,000 | $250 - $500 | Often No | On-Site Inventory |
| FlexDrive (Subscription) | Start-up Fee | $400 - $800+ | Yes | New/Used Fleet |
Your best approach is to research these companies thoroughly, read customer reviews on sites like the Better Business Bureau, and compare the total cost of the agreement to the vehicle's actual market value. Always ensure the contract clearly states the final purchase price and your path to ownership.
