Rent-to-Buy is a , not a long-term financial strategy. It is best for individuals who: Need a car immediately for work. Cannot get a traditional loan anywhere else. Have a stable weekly income to cover the higher costs.

Ask the dealer if they report your on-time payments to credit bureaus. If they don't, this won't help fix your credit score.

Ask if there is a large final payment required to officially transfer the title.

Many rent-to-buy cars have GPS trackers or remote "shut-off" devices installed if a payment is late.