CarForU addresses consumer's credit woes
ALL-INCLUSIVE RENT-TO-OWN CAR BUSINESS MODEL HELPS BLACKLISTED SOUTH AFRICANS
2 November 2021, Johannesburg: South African business maverick, Arnoux Maré’s brand new business, CarForU, is open for trade. Utilising an innovative, all-inclusive rent-to-own vehicle financing model, CarForU seeks to turn the South African second-hand vehicle market on its head and alleviate the woes of consumers who are unable to obtain vehicle financing.
Maré, the well-known leader of Innovative Solutions Group, which employees over 35,000 permanent employees, says CarForU aims to disrupt the second-hand car market and rent-to-own sector by disposing with minimum salary requirements or the need for a clean credit history.
“CarForU’s business model recognises that not everyone can meet the overly stringent financial requirements attached to buying a car. The current use of credit scores as a barometer for gauging who qualifies for car finance is exclusionary, and limits people, businesses and socio-economic growth. This is especially true in the wake of the pandemic, as a battered economy and loss of income have negatively impacted thousands of people’s ability to access credit, purchase their own transport, and improve their lives,” explains Maré.
“By contrast, CarForU is about eliminating barriers to entry, offering a simple, headache-free solution for getting people behind the wheel of a car they love. We don’t require payslips, bank statements or credit histories, thus anyone can benefit from our easy rent-to-own model. If the client believes that they have enough income to pay the second-hand vehicle deposit and monthly instalments, then we are prepared to help them.”
CarForU’s all-inclusive monthly fee covers benefits such as comprehensive insurance and car tracking services, as well as any remainder of the manufacturer’s warranty where applicable. Unlike other rent-to-own competitors, the company also offers zero travel or mileage restrictions, allowing clients to enjoy greater freedom without hidden costs or penalties. Finally, after paying the monthly instalment fees for 48 months, customers will receive full ownership of the vehicle – no balloon-payments or need to ever involve the bank.
“Best of all, clients can terminate their rent-to-own deal at any time, without incurring any penalties, however, this will result in the forfeiture of their deposit,” notes Maré. “We pride ourselves on transparency, offering a simple, hassle-free purchasing system which is perfect for both individuals and any businesses looking for an easy fleet solution.”
CarForU, officially launched on Monday, 01 November and will be operating from Innovative Solutions Group’s premises in Boksburg. Interested parties can register their interest by calling 078 517 8913, or by visiting the website at www.carforu.co.za.
Maré, the well-known leader of Innovative Solutions Group, which employees over 35,000 permanent employees, says CarForU aims to disrupt the second-hand car market and rent-to-own sector by disposing with minimum salary requirements or the need for a clean credit history.
“CarForU’s business model recognises that not everyone can meet the overly stringent financial requirements attached to buying a car. The current use of credit scores as a barometer for gauging who qualifies for car finance is exclusionary, and limits people, businesses and socio-economic growth. This is especially true in the wake of the pandemic, as a battered economy and loss of income have negatively impacted thousands of people’s ability to access credit, purchase their own transport, and improve their lives,” explains Maré.
“By contrast, CarForU is about eliminating barriers to entry, offering a simple, headache-free solution for getting people behind the wheel of a car they love. We don’t require payslips, bank statements or credit histories, thus anyone can benefit from our easy rent-to-own model. If the client believes that they have enough income to pay the second-hand vehicle deposit and monthly instalments, then we are prepared to help them.”
CarForU’s all-inclusive monthly fee covers benefits such as comprehensive insurance and car tracking services, as well as any remainder of the manufacturer’s warranty where applicable. Unlike other rent-to-own competitors, the company also offers zero travel or mileage restrictions, allowing clients to enjoy greater freedom without hidden costs or penalties. Finally, after paying the monthly instalment fees for 48 months, customers will receive full ownership of the vehicle – no balloon-payments or need to ever involve the bank.
“Best of all, clients can terminate their rent-to-own deal at any time, without incurring any penalties, however, this will result in the forfeiture of their deposit,” notes Maré. “We pride ourselves on transparency, offering a simple, hassle-free purchasing system which is perfect for both individuals and any businesses looking for an easy fleet solution.”
CarForU, officially launched on Monday, 01 November and will be operating from Innovative Solutions Group’s premises in Boksburg. Interested parties can register their interest by calling 078 517 8913, or by visiting the website at www.carforu.co.za.
Arnoux Maré Background
Arnoux Maré is considered a maverick by some, and a workhorse by others. But while his methods may not be conventional, and his work ethic nears compulsive, his drive and approach to conducting innovative business make him a natural entrepreneur and leader.
Maré, the unconventional CEO of the leading Innovative Solutions Group™, catapulted his way into the local business arena when he launched his staff sub-contracting company, Innovative Staffing Solutions, in 2011 with only R500 in his pocket, two employees and his lounge as office space.
In the last ten years, Maré’s group of companies have offices across the country, and permanently employ almost 38,000 people under his guidance. The company’s turnover has rocketed to well over a billion rand. Innovative Solutions Group™ has proved to be one of the fastest growing entities in South Africa, outside of the tech space, with a track record of remarkable accomplishments.
In addition to this year’s Innovation Leadership Award, Maré has also been honoured with the CEO of the Year Award for three consecutive years. His holding company, Innovative Solutions Group TM, has further been recognised with awards including the Best Outsourcing Service Provider in Africa; Operational Excellence and Quality Award; Outsourcing Provider of the Year Award; and the Excellence in Customer Service Award.
Maré, the unconventional CEO of the leading Innovative Solutions Group™, catapulted his way into the local business arena when he launched his staff sub-contracting company, Innovative Staffing Solutions, in 2011 with only R500 in his pocket, two employees and his lounge as office space.
In the last ten years, Maré’s group of companies have offices across the country, and permanently employ almost 38,000 people under his guidance. The company’s turnover has rocketed to well over a billion rand. Innovative Solutions Group™ has proved to be one of the fastest growing entities in South Africa, outside of the tech space, with a track record of remarkable accomplishments.
In addition to this year’s Innovation Leadership Award, Maré has also been honoured with the CEO of the Year Award for three consecutive years. His holding company, Innovative Solutions Group TM, has further been recognised with awards including the Best Outsourcing Service Provider in Africa; Operational Excellence and Quality Award; Outsourcing Provider of the Year Award; and the Excellence in Customer Service Award.