If the car I'm renting breaks down badly, and it's not my fault, should I still pay the rent normally? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

If the car I'm renting breaks down badly, and it's not my fault, should I still pay the rent normally?

Asked by Banky team 2 months ago
Banky team Reviewed editorial answer

Not every malfunction is handled the same way.

Steps

  1. We need to determine if the asset is still usable, and whether the malfunction is related to ownership and basic maintenance or to your misuse.

  2. If the malfunction truly prevents its use, document the situation and contact the bank before taking any action; because the lease is fundamentally about the asset's usability, and this is different from simply paying off a loan in installments.

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