“Pay-as-you-Go” for cars enables people to afford two new cars every year

BURGESS HILL, U.K. - June 20, 2013 - PRLog -- Today, Pay as you Go Cars announced that a new deal was agreed this week between the Company and a Global motor manufacturer to make a range of cars available through dealerships and fleet operators on a “Pay-as-you-Go” basis, just like mobile phones.

Clive Bridgeman, award winning Internet entrepreneur and founder of the PAYG Cars system said....

“With “Pay-as-you-Go”, there is no financial risk, as there would be with HP, Leasing and Contract Hire, and in these times of unknown job security and unstable financial markets, this can be a major buying issue for people”

The system is 100% Internet based and customers will be able to book and pay for the use of their car on line, with the car being supplied as locally as possible for the customer.

Payment is for 28 days, taken by bank transfer or debit card, and includes maintenance, tax, insurance, servicing.

Just like owning your new car without the hassle or risk.  No MOT’s or Part Exchanges to worry about!

On 25th day of use, the system reminds you that another payment is due and at that point you can either return the car with no penalty or accept the next payment and continue driving.

If you lose your job or have financial difficulties, you just return the car to the point of pickup and you have no debt to worry about and no future liabilities.  Pricing is competitive with normal purchase terms plus the cost of maintenance and insurance.  

Drivers must be over the age of 21 to qualify for the comprehensive insurance which is provided with every car.

Just to make life a little sweeter still, twice each year the car is changed for a new one and your previous car goes back to the Fleet Operator and is sold.  You will usually get TWO new cars each year and so always have the latest model!

All the cars are 6 months old or less, and under 10,000 miles, so you would expect to have complete peace of mind for your motoring.  You usually start with an existing car from the fleet, and then when it is changed to be sold, you will receive your first new car.  This will then repeat every 6 months.

Director of Pay as you Go Cars, Larry Chan, said “Due to the popularity of the concept and the fact that the costs are so competitive with other methods of running a car, it is anticipated that demand will exceed supply in the early days, so we would advise anyone who is interested to visit the temporary web site at www.paygcars.com and register their interest”

The first cars are expected to be delivered to Customers during July 2013.