There are many risks in the trap of "purchasing by rent". What are the chaos in the industry?

Cars? Purchasing by rent? It is a new car buying mode. People who want to buy a car can rent a car and pay the rent first, and then pick up the car from the leasing company after reaching a certain amount or a certain period of time. Although car financing lease is protected by law, there are many problems in the specific practice, such as low credit threshold, high-priced auto insurance, and inability to transfer cars. When signing a contract, both parties need to raise their legal awareness and perform their obligations according to the contract.

In order to avoid disputes, car buyers need to know their own economic strength, spend within their own ability and choose formal channels to buy. If there is a dispute with the leasing company, you can choose legal means to safeguard your rights and interests. There are many chaos in the car rental industry. According to relevant media reports, although some job search platforms have marked the zero down payment for car purchase, the words "purchasing by rent" have not appeared, so there is some inducement, and many operating cars and online car rentals have fallen into the trap.

Logistics companies will arrange fixed transportation routes for individuals. Although the monthly income is high, the logistics company will further induce drivers to buy cars. When signing the contract, the monthly installment amount and down payment will be indicated, but the price is much higher than the market. When assigning tasks to car owners, recruitment companies will arrange too many tasks in order to increase transportation costs, but it will have a certain impact on the life of the car. But the car is personal, not the company's, and the company is not responsible for any problems.

Some car owners also said that the company has compulsory insurance purchase, and the rights and interests of car owners cannot be guaranteed. Some car owners said that they bought the car as required and paid off the loan in April 2022, but they did not transfer the ownership in July 2022. After Mr. Wang settled the money, he contacted the relevant company, but the company did not handle the transfer for Mr. Wang on the grounds of a third-party company. The problem has not been effectively solved, the rights and interests of consumers have not been protected, and there are still many loopholes in the leasing industry.