Budget car rental / car hire in Johannesburg Pretoria South Africa
 
* SELF RELIANT RENTAL SCHEME
* SALE & BUY-BACK OPTION
 
ECONOMIC ALTERNATIVES FOR LONG RENTALS

ResQ Rent A Car's Self Reliant Car Rental (SRR) scheme with the Sale & Buy-back (SBB) option are designed as less expensive alternatives to conventional long term car rental.

In addition, these options enable less restrictive travel to most neighboring countries which otherwise are not permitted in terms of normal car hire / car rental terms and conditions.

Designed for: …
  • Foreign nationals staying on extended temporary professional/occupational postings/assignments or community service volunteers.
  • Local residents planning on emigration, wanting to dispose of local assets including own vehicles, without sacrificing mobility in the winding up period.
  • Term projects where basic vehicles are required for periods shorter than conventional short term leases.
  • An inexpensive alternative to new cars if the period is longer than normal, but the terminal date uncertain.
  • An alternative to leasing which is normally available on new vehicles only.
  • Individuals/businesses/projects requiring inexpensive transport at a predictable cost with the ability to accurately control the terminal date.
These schemes include the following features:
  • Substantial savings over conventional car rental.
  • The return/terminal date of the vehicle is entirely within control of Client or Buyer.
  • Optional service and maintenance agreement for peace of mind.
  • Evaluation period at standard rental rates and conditions available, before committing to a SRR or SBB agreement. 7 days of rental charges are free, if SRR of SBB agreement is enacted.
  • Less restrictive travel to Namibia, Botswana, Zambia, Zimbabwe, Mocambique, Swaziland and Lesotho permitted.
HOW IT WORKS - IN SUMMARY
  1. The client is afforded an evaluation period of 7 days during which the subject vehicle may be rented with an option to enact a SRR agreement, subject to standard rental terms and conditions applicable to the vehicle.
  2. If the Client approves of the vehicle, Client may enter into a SRR- or SBB agreement with ResQ, in terms of which, the Client pays for the full price of the vehicle (NRV deposit in case of a SRR or selling price in case of SBB, and assumes full responsibility for all expenses associated with owning such a vehicle.
  3. The Client or Buyer assumes full responsibility for the vehicle, including all running expenses during the currency of the SRR or SBB agreement. Service and maintenance expenses can be eliminated by including a service and maintenance agreement.
  4. ResQ agrees to receive the same vehicle back from the Client or Buyer on a predetermined date, or subject to 30 days written notice and within 18 months of the commencement date of the SRR agreement or SBB agreement, and refund the original NRV deposit or selling price, less:
    • A discount from the NRV deposit or original purchase price, calculated as the greater amount of:
      • 2.5 % of the NRV deposit or original purchase price, per month or part of a month that the vehicle will be rented by the client,
      • 20 % of the NRV deposit, and
      • R 7500
        [ See table below for calculation of depreciation / discounts for different NRV values and periods]
    • All refurbishment- and any other expenses that ResQ may have incurred on behalf of the Client or Buyer during the currency of the agreement.
  5. In the event of a SRR agreement, the Client will be entitled to convert the SRR agreement to a Purchase agreement (with-, or without buy-back option) at any stage during the currency of the agreement, at no additional charge.
EXAMPLES OF VEHICLES AVAILABLE
 
PRICE RANGE
(SA Rand)
IMAGES (Click on image to enlarge)
VEHICLE BRANDS
YEAR MODELS
ACCESSORIES
35000 - 45000 Mazda Sting 1.3 Hatch Mazda Sting 1.3 Sedan 2000 - 2003 Radio / CD Fontloader
36000 - 46000 Opel Corsa 1.3 / 1.4 1998 - 2004 Radio Cd Frontloader
46000 - 50000 Mazda Sting 1.3 Hatch Mazda Sting 1.3 Sedan 2002 - 2003 Radio / CD Fontloader, Aircon & Power steering
50000 - 55000 Nissan Sentra 160 Auto 2000 - 2002 Radio / CD Fontloader, Aircon, Power steering, Central locking, Electric windows
50000 - 55000 Honda Ballade 150i Auto 1998 - 2000 Radio / CD Fontloader, Aircon, Power steering, Central locking
62000 - 65000 Nissan Primera GSi 2.0 Auto 1999 - 2000 Radio / CD Fontloader, Aircon, Power steering, Central locking, Electric windows, ABS & Airbags
85000 - 90000 Nissan Almera 1.6 Auto 2004 - 2005 Radio / CD Fontloader, Aircon, Power steering, Central locking, Electric windows, ABS & Airbag
74000 - 78000 Mazda 626 2.0 Manual 2000 - 2001 Radio / CD Fontloader, Aircon, Power steering, Central locking, Electric windows, ABS & Airbags
95000 - 105000 Chrysler Voyager 3.3 LX Auto 1999 - 2002 Radio / CD Fontloader, Aircon, Power steering, Central locking, Electric windows, ABS & Airbags
100000 - 115000 Toyota Condor 2.0 / 2.4 TE 2000 - 2004 Radio / CD Fontloader, Aircon, Power steering, Central locking
 
SUMMARISED DISCOUNT TABLE
 

INITIAL

RETURN DISCOUNT / DEPRECIATION

EXCESS KM

VALUE

AFTER (DURATION IN MONTHS)

CHARGES

( RANDS )

1 - 8

9

10

11

12

(R / KM)

30000

7500

7500

7500

8250

9000

0.45

35000

7500

7875

8750

9625

10500

0.50

40000

8000

9000

10000

11000

12000

0.55

45000

9000

10125

11250

12375

13500

0.60

50000

10000

11250

12500

13750

15000

0.65

55000

11000

12375

13750

15125

16500

0.70

60000

12000

13500

15000

16500

18000

0.75

65000

13000

14625

16250

17875

19500

0.80

70000

14000

15750

17500

19250

21000

0.85

75000

15000

16875

18750

20625

22500

0.90

80000

16000

18000

20000

22000

24000

0.95

85000

17000

19125

21250

23375

25500

1.00

90000

18000

20250

22500

24750

27000

1.05

95000

19000

21375

23750

26125

28500

1.10

100000

20000

22500

25000

27500

30000

1.15

125000

25000

28125

31250

34375

37500

1.40

 
To find out more about these options or request a specific proposal,
call us or send an e mail explaining your requirement.

E mail: Send Enquiry
Phone: +27 (0)11 867 6552      Fax: 011 867 6553





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