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What to Watch Out for When It’s Time to Rent to Own Tires

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Filed under Automotive, Editorial

Are your tires showing signs of wear? Do you see cracks and bulges on the sides? These are early signs of wear and tear in tires, and it is always a safe bet to change your tires at the earliest. 

While there are early warning signs, sometimes we are occupied with life and might lose track of keeping an eye out. And if the need for changing tires comes when you are short on credit or don’t have enough cash, then rent to own tires can be incredibly helpful. 

Such plans offer the convenience of acquiring new tires without paying the full price upfront. However, it is noteworthy that some dealers can try to take advantage of the situation. Charging extra or having hidden charges that will eventually cost you way more than the original price are just a few tactics. 

If you are in a hurry and are looking for genuine rent to own tire providers, keep the following in mind:

1. Thoroughly read through the terms and conditions: Before signing anything, consider taking time to read through the terms and conditions. Once you have signed the documents, you will be obligated to pay. If you have doubts, feel free to ask and seek assistance. Pay attention to the following:

  • Duration of the agreement
  • Payment amounts to be paid during the duration
  • Interest rates
  • Amount to be paid and downpayment
  • If the same cash offer is available
  • Any additional fees, if any
  • Penalties for missing payments 

2. Quality of tires offered: Replacing old, worn-out tires with new ones is exciting and crucial. Keeping an eye out for the quality of the tires provided is an important part of the deal. 

If you have an SUV, getting tires of the right diameter and thickness will be crucial. If you have an EV, an appropriate tire will add comfort to your rides. Always opt for tires specific to your car’s model.  Here are a few things to consider:

  • Quality and conditions of the tires
  • Whether they are from known and reputed manufacturers
  • Tread depth is accurate based on your car’s build and model
  • Tire life to gauge when you need a replacement
  • How much fuel efficiency can it help increase?

3. Do thorough research about the dealer’s reputation

With a wide range of dealers offering remarkable deals on rent to own tires, the prime focus should be finding a reputed and transparent dealer. 

Reading online reviews and customer testimonials are a few ways to gauge if the brand is trustworthy. Check their licenses and their years of experience in the industry. 

4. After-sales service: The quality of customer service after you leave the brand premises speaks a lot about the company’s principles. Alternatively, you can contact brands to discuss your queries and needs. 

Having elaborate discussions builds familiarity, making it possible for you to understand if they are only interested in making a sale or if they are ready to go above and beyond to assist whenever you are in need.

5. Draw comparisons between available options: While renting has become a trend, it is always wise to compare prices to understand which option works best for you. If you are in a position where wear and tear are at a minimum, and you can save up enough to buy new tires all at once, consider that. However, renting tires can be a good option. Compare the following:

  • Interest rates being offered
  • Associated fees, if any
  • Tenure
  • Penalties
  • If they have a price match policy
  • Insurance or warranty coverage is available

Conclusion

Being cautious about where you get your tires makes a difference. Be it in terms of quality or the rent payment options you are getting. Many brands are flexible regarding payment options, and it is always best to maintain clear and open communication with your dealer. So that even if your hands are tight, they can provide an option that makes life easier for you without compromising on safety.

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