Why Own It?
Because there is no better feeling in the world than the moment you receive the keys to your brand-new car! Driving with rideshare platforms such as Uber provides you with a unique opportunity to own either a brand-new or used Splend car.
What are the features of Rent-to-Own?
The more you drive, the earlier you can own the car
For every kilometre you drive over the 1000 km weekly quota, there is a 0.10c early ownership fee that goes towards you owning the car sooner!
12-month early buyout option
With 12-months remaining on your rental agreement, you can request to buyout the car and pay the remaining weekly rental fees.
Ready-to-ride maintenance pack
During your Rent-to-Own plan, we maintain the vehicle including the tyres, wheel alignment, brake pads, brake discs and more.
Payment holiday
Need a break from rideshare driving? You can pause your weekly payment for up to four weeks every year you are with us.
No lock-in contracts
If your life circumstances get in the way, you can hand back the car after the minimum rental period.
$1 balloon payment
At the end of your Rent-to-Own contract, you simply pay a $1 balloon payment + stamp duty and we sign the car into your name!
Detailed plans & pricing
Own It.
What’s included?
Splend Rent-to-Own inclusions pack
- Brand-new or used 5-star ANCAP rated vehicle for improved Uber ratings
- CTP and rideshare compliant comprehensive insurance for you and your riders
- Scheduled maintenance
- Vehicle Registration
- 24×7 Car Breakdown Assistance
- Replacement vehicle if your car is involved in an accident
Ready to ride Maintenance Pack
With Splend’s Rent-to-Own plan, over the length of your rental agreement you also receive:
- 12 replacement tyres
- 3 front and rear wheel alignments
- 12 replacement brake pads
- 12 replacement brake discs
- 9 replacement windscreen wiper blades
- 2 replacement sets of replacement headlight globes
- 1 replacement battery
Membership fee
To become a Member and access a car on Splend’s Rent-to-Own plan, there is a one-off Membership fee of $990.
If you increase the minimum rental period from 12 weeks to 26 weeks, the Membership fee is reduced to $275.
Member Benefits
Become a Splend Member and you will receive fantastic discounts on car washes, tax & accounting services, health insurance and more.
You will also receive sweet referral bonuses, invites to exclusive events and more. Click here to see the full list of benefits.
Are you eligible?
Are you over the age of 23, hold a full Australian drivers licence and have a good driving history? If yes, you are more than likely to be eligible.
If you are not approved with Uber, don’t stress! We assist with your application and we even cover some of the costs
We approve over 95% of eligible applicants! View the full eligibility criteria on our FAQ page.
Available Rent-to-Own vehicles
2018 Kia Sportage
- Medium sized SUV & our top pick for UberX rides
- Packed full of the latest technology
2018 Toyota Camry Hybrid Ascent*
*SUBJECT TO AVAILABILITY, WE ARE ACCEPTING EXPRESSIONS OF INTEREST
- Save on fuel costs thanks to the 4.2L/100km fuel consumption
- Large, spacious interior with ample boot space
2018 Toyota Corolla Hybrid
- Save on fuel costs thanks to the 4.2L/100km fuel consumption
- New sporty styling & improved performance
Rent vs Rent-to-Own. Which is right for you?
If you want to own your car, Splend’s Rent-to-Own plan could save you in the long-term. Use our comparison table below to compare your options.
The example below is based on a brand-new 2018 Kia Sportage SUV. Indicative costings only.
DIY Car Finance
Lock-in 4 year contract
New car value | $33,790 |
Car finance costs | |
Loan establishment fees | $395 |
Car purchase price & interest | $41,136 |
Total finance costs | $41,531 |
On-road costs | |
Comprehensive insurance | $7,280 |
Car rego & CTP insurance | $4,200 |
Scheduled maintenance* | $6,150 |
Tyres** | $3,000 |
Other consumables*** | $2,650 |
Total on-road costs | $23,280 |
Member benefits | |
Referral bonus |  |
Business mentoring | |
Member discounts | |
Accident management | |
Replacement vehicle | |
Driver training | |
 | |
| |
|
Lost earnings^ | $6,000 |
Car ownership value~ | ($12,500) |
Estimated total cost | $58,311 |
Splend Rent
Only a minimum 6 weeks with 2 weeks notice
New car value | $33,790 |
Splend Rent costs | |
Membership fee | $275 |
Total Splend fees | $55,952 |
Total Splend costs | $56,227 |
On-road costs | |
Comprehensive insurance | Included |
Car rego & CTP insurance | Included |
Scheduled maintenance* | Included |
Tyres** | Included |
Other consumables*** | Included |
Total on-road costs | $0 |
Member benefits | |
Referral bonus |  |
Business mentoring | |
Member discounts | |
Accident management | |
Replacement vehicle | |
Driver training | |
| |
| |
|
Lost earnings | $0 |
Car ownership value | $0 |
Estimated total cost | $56,227 |
Splend Rent-to-Own
Only a minimum 12 weeks with 2 weeks notice
New car value | $33,790 |
Splend Rent-to-Own costs | |
Membership fee | $990 |
Total Splend fees | $62,192 |
Total Splend costs | $63,182 |
On-road costs | |
Comprehensive insurance | Included |
Car rego & CTP insurance | Included |
Scheduled Mainenance* | Included |
Tyres** | Included |
Other consumables*** | Included |
Total on-road costs | $0 |
Member benefits | |
Referral bonus | |
Business mentoring | |
Member discounts | |
Accident management | |
Replacement vehicle | |
Driver training | |
Payment holiday | |
Excess KM credit | |
|
Lost earnings | $0 |
Car ownership value~ | ($12,500) |
Estimated total cost | $50,682 |
Results
Over a 4 year plan, by choosing Splend Rent-to-Own, you could save approximately $5,545
compared to renting, and $7,629 compared to getting your own car finance.
Based on NSW drive away price, Interest @ 10% pa over 48 months with $0 residual
Comprehensive insurance (Rideshare compliant) Based on 30 year old driver with no at-fault accidents in the past 5 years and maximum no claim bonus in NSW
*Based on scheduled servicing to 180,000km as per manufacturer guidelines
**12 tyres over life of term
***Brake discs/pads, wiper blades, battery, wheel alignments and globes
^Lost earnings based on 7 days per year due to vehicle off-road for an accident/mechanical breakdown
~car value based on estimated residual value after 4 years, with 180,000km and in good condition
Members
benefit
beyond the
wheel.
