Fair is an automotive fintech company that has revolutionized the car buying and selling process by offering an end-to-end mobile experience to its customers. It provides some of the best-in-class facilities and is quite flexible for its customers. Earlier, the company did not have a mobile application presence, by now they have made their customer experience better by adding a mobile application. The company was founded in 2016 and is headquartered in California, USA. Let us know ‘Fair App’.
Fair App
Fair Mobile app is a game-changer in the arena of the car buying and selling business. The latest highly customer-friendly app that Fair has created is aimed toward complete buyer satisfaction. Using this app, now you can get a car approved and pay for that car just using your phone and a valid bank account and driver’s license. Now you can get approval for a monthly payment amount (the one that suits your budget) and then straightaway go to the dealer and check out the car in a few minutes. You can drive around in the car for as long as you want and then return it. Let us read further about the app.
Fair App – A Brief overview:
- The fair app is basically a vehicle lending application through which you can hire a vehicle for self-driving from the dealer and then return it later. The best part about this app is that it makes the car-renting experience very easy and hassle-free for the users.
- Customers can save a lot of time but making online payments and leasing a car. They even offer monthly subscriptions so for those who do not own a car but love driving around a lot by themselves, then the Fair app is the best choice.
Fair App – The working:
- The fair app is extremely easy to use. You just need to download the app and book.
- The fair app’s functionality is subscription-based which means that you do not need to book a car again and again at regular intervals, but once a month, you can lease a car and enjoy. You just need to pay for the subscription and put in your choice of car.
- However, if you do not wish to subscribe, you can use it just once and return the car.
Fair App – The cost:
- The fair app is absolutely free for your use. However, you will be charged for the type of car you want to lease. When you log in to the app, you get the option ‘start payment’. This is like an upfront fee that you need to pay before you can rent the car and drive.
- The fee for this will be as per your choice of car. Since, the Fair app deals in trucks too, you can choose to rent a car or a truck accordingly.
- The upfront fee ranges from $500 to several dollars depending upon the car model, mileage, year, etc.
Fair App – Signup and start:
- To signup and start using the Fair app, you just need to have 3 things – a valid bank account, a valid driver’s license, and a smartphone.
- Once you create an account, the Fair app will conduct a soft-pull check on your credit and then produce a list of cars for you to choose from. The list of cars offered to you will be based on your credit eligibility.
- If your credit score is high, you will have higher eligibility and can lease relatively expensive cars.
Conclusion –
In a nutshell, it can be said that the fair app is a great way to have a self-driving experience. In this era where you get all the commodities and services at your doorstep, this is a great way to drive your own car without buying one. Also, the flexible payment and delivery options are a rare mix.
Frequently Asked Questions –
- How much is the initial payment on the fair app?
The initial payment on the fair app starts from $1000. However, in order to upgrade to a premium, you may have to pay more. For example, if you want to rent a premium SUV, the initial payment may increase to $3000 depending on your credit eligibility.
- For how long can we lease the car?
The maximum period for which you can lease a car is 36 months. During these months, you need to make monthly payments and return the car when the lease expires to avoid penalties.
- What other expenses are covered under the fee?
Apart from the rent, the Fair apps also grants the following benefits to you included in the package:
- Limited warranty
- Roadside assistance
- Optional insurance
- Routine maintenance.
- Can I return the leased vehicle after paying for it?
Yes, you can. You can return the leased car within 3 days or before completing 100 miles and claim a refund for the start payment fee. After this, the start payment fee won’t be refunded although, a return/exchange may be possible.
