Fair is a flexible, forward-thinking mobile application that allows you to secure and pay for a pre-owned, low-mileage car in the click of a few buttons (or swipes).
With Fair, you don’t have to worry about any physical paperwork, and there is no fixed term for the car ownership. You are even given the complete freedom of returning the vehicle whenever you want.
While renting a car is meant to be short-term, opting for a lease can have you locked-in for around 36 months. On the other end of the spectrum, loans are long-term solutions typically lasting between 5-7 years.
Therefore, if you want to utilize a vehicle for a couple of months but you’re not ready to pay long-term, this mobile application offers a reasonable and Fair solution.
About the Company
The Fair app allows you to shop for a car, get approvals, and explore payment options all while using your phone. All you need is a bank account and state-issued driver’s license to get started.
The company was established in 2017 by Scott Painter, the CEO of Fair and founder of TrueCar and Cars Direct.
Fair is located in Santa Monica, California, and the service is available in 11 major cities in the United States.
The company was launched with the objective of thinking out of the box when it comes to finding and paying for the perfect vehicle.
Fair has virtually revolutionized the relationship people have with their cars. The app serves as a new digital platform by which individuals can secure the vehicle they want, from a Prius to even a Porsche.
Dare I say it, Fair may even be simpler than ordering groceries online.
How Does Fair Work?
With Fair, you can find the car of your dreams in 4 easy steps:
- First, you need to download the Fair app on your mobile device. The app is available for both iPhone and Android.
- Then, get pre-qualified by simply scanning your state-issued driver’s license.
- Select the car you want from Fair’s line-up of high-quality, pre-owned vehicles.
- Link your bank account so you can easily make payments through the app.
Fair’s extremely flexible model makes it an attractive solution for many first-time car shoppers.
Fair’s Payment Process
Before signing and driving the car away, customers must pay a Start Payment, which is a one-time, upfront fee based solely on the value of the car.
The main purpose of Fair’s Start Payment is to help keep monthly payments low for customers.
This payment also does not require you to be locked into a long-term contract, unlike other companies.
For every month you keep the car, you make low-cost monthly payments. As mentioned earlier, you have the complete freedom of returning the car whenever you want.
But, you need to let Fair know 5 days in advance if you want to return your car.
Fair’s Approval Process
Once you scan your driver’s license into the app, Fair will complete a credit check while determining your eligibility and monthly payment schedule.
Even if you do not have established credit, you can get approved for a Fair car with just your bank account and state-issued driver’s license.
Fair does not bill you in advance, and the first payment will be due only 30 days after you take possession of the vehicle.
With Fair, you can choose from over 30 vehicle brands. All the vehicles are high-quality and certified pre-owned — including SUVs, cars, and trucks.
Many of the vehicles are almost new, but all of them are less than 6 years old with less than 70,000 miles recorded.
Every vehicle is issued to you from a top car dealership located near you. And, once you sign for a vehicle on the Fair app, the Fair Concierge Team helps coordinate the pick-up or delivery of the vehicle you’ve chosen.
If you change your mind on the vehicle you’ve picked, Fair has a three-day, risk-free return policy.
This means you can bring back the car within 3 days or 100 miles after you sign up for a full refund of the Start Payment. However, the vehicle should be in good condition when returned.
If you return the car after 3 days or 100 miles, the Start Payment will not be refunded back to you.
And, if you return the car in the middle of the billing cycle, then the final payment you make will be prorated for the number of days you owned the car since the close of the last billing cycle.
There are a handful of attractive service features that make Fair stand out from the crowd:
Fair’s entire process is streamlined, and you can get a car with a completely paperless solution via the Fair app.
All you need to do is download the app from the App Store or Play Store, get pre-qualified, shop for a car, select the car you want, and sign for the car.
These actions can all be completed right on your phone.
The vehicle you select will be covered by a warranty. Once the manufacturer warranty expires, the limited warranty from Fair kicks into gear.
If you have any problems while driving a Fair car, such as getting locked out of your car, Fair’s roadside assistance is there to help you.
Available 24/7, Fair’s roadside assistance includes the battery, towing, lock-out, and flat-tire service.
With Fair, you can enjoy routine maintenance, such as tire rotations, multipoint inspections, and oil and filter changes.
These services are complimentary for Fair drivers, and you can take advantage of these services in any of the service providers’ centers.
You can get auto insurance coverage for your vehicle in the Fair app and automatically include it in your monthly payment.
However, if you already have auto insurance, then you can make use of it with your Fair car.
You can pre-buy extra miles at a discounted rate, and Fair will gladly refund you any miles you don’t end up using.
Wear and Tear Protection
With Fair, you can experience complete peace of mind since the company covers any damages when you return the vehicle beyond normal wear and tear.
These damages could include minor scratches, dents and dings, chipped windshields, or worn tires.
Plans and Pricing
Fair has over 35,000 cars available that you can choose from, with monthly payments starting as low as $160. The preview of the vehicle shows you the estimated amount.
Once you’ve signed up for an account and get pre-qualified, the Fair app will show you all the cars you’re qualified for with the actual pricing listed.
There are several advantages to using Fair that are worth your while:
- Design of the Fair app is clean, uncluttered, and user-friendly.
- The entire process can be completed via the Fair app.
- Fair’s model offers complete flexibility throughout the entire process.
Although there aren’t many disadvantages to using the Fair app, it’s important to understand any potential setbacks:
- If you change cars, Fair will charge you with another Start Payment.
- For individuals interested in a cash deal, Fair wouldn’t be an ideal solution.
Since most of us spend quite a bit of time on our phones already, why not find and pay for a car in the palm of your hand?
With no long-term contracts, a simple approval process, and high-quality vehicle options, the Fair app provides one-stop car shopping.
Select any vehicle you want, own it for the time you want, and return it whenever you want.
Doesn’t that sound Fair?