Frequently Asked Questions
I HAVE BAD CREDIT - WILL I QUALIFY?
ALM Leasing & Rentals gives little importance to your credit score. We look at your income, your stability, and your references as the primary factors and use that information to help determine the level of payment you can afford. We tailor your monthly payments to fit your finances!
SHOULD I EVEN APPLY IF I'VE BEEN TURNED DOWN FOR FINANCING AT OTHER DEALERSHIPS?
This is the PERFECT program for you. If you think you won't be able to qualify for a the rent2own program! When others have told you no - ALM Leasing & Rentals can say YES! You are not applying for a loan. You work with us to determine a payment level you can afford and then we will match you up with the right car!
IS BUYING A CAR CHEAPER THAN RENT2OWN or LEASING A CAR?
Not always, If you are the type of customer who trades in a car before it's paid off, then you are probably losing money with each trade, making "buying" the car more expensive. Auto Loans when you have a low credit score required high down payments with interest rates the 20% to 30% range. In the case of most rent2own customers, you can't get financing to buy a car so being cheaper or more expensive really isn't the issue. The issue is that you need an afforable car and ALM Leasing & Rentals can get you in one through our Rent2Own program.
CAN I REALLY RETURN THE CAR ANY TIME, FOR ANY REASON?
It's true! Right in the agreement you will see the proof! Our unique Rent2Own contract states that "You may voluntarily terminate this lease, without penalty, before the end of its term." No questions are asked. Just turn in the keys, leave the vehicle in good condition, be current on your payments and you can walk away with no further penalty. No repossession will appear on your credit history. When you get back on your feet financially, come back to the and we can help get you back into another car.
THIS PROGRAM SOUNDS TOO GOOD TO BE TRUE! WHAT'S THE CATCH?
There is no catch - it's really as good as it sounds! What other program out there will help you get into a vehicle at a payment level that fits your budget, a transportation provider that won't judge you based on your credit score, and a team that genuinely wants to help you and keep you as a long term customer? What other program lets you return the car at any time, for any reason, without questions and will still welcome you back into another vehicle once you get on your feet again? Don't settle for anything less! Apply Now!
HOW DO I SUBMIT AN APPLICATION?
Click on Submit an application on the Welcome page, walk through the steps it prompts you to.
CAN I MAKE PAYMENTS ONLINE?
Yes, you can make payments anytime online. We accept eChecks, and Debit Card payments 24/7