Part of the fun here at rentoidHQ is smashing lots of common myths and misconceptions about hire and rental. So we thought we’d do a short series of blog posts on some of the key myths that rentoid has helped squash.
Starting with the myth that you only rent stuff you can’t afford.
The economic logic just doesn’t add up on this one.
Let me give you an example. Do you own a camcorder? It probably cost you about $500, and you may have saved for it, put it on the plastic, whatever, but you were able to afford it.
So then, how many times have you used it? A recent twitpoll on twitter suggests most people have used theirs an average of four times. Thats $125.00 a time!
Would you have purchased it if the sales guy said to you “Each time you use this HD-XP-3300 SL-CD Cam Corder it will cost you $125.00″?
Didn’t think so.
To rub salt into your wound, that camera at the back of your cupboard is probably out of date now too.
But you can rent new HD Cam Corders for about $120.00 a day. That’s cheaper than buying a new one, and it features the lastest technology.
Rent it four times, and that’s $480.00, cheaper than spending $500+ on a new one.
And it doesn’t matter if its a lawnmower, ladder, Playstation, or car roof carrier, the economics of buying some of these items that you can afford, but rarely use always looses out to renting!
Myth Busted!
And if you have an example to share about how you have used rentoid to rent something that you could afford, but only needed on a temporary basis, we’d love to hear about it!
