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12/05/2007 11:08:33 PM · #1 |
Are there any rent to own photography stores on the net?
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12/05/2007 11:11:37 PM · #2 |
Yeah, if you rent it and break it ... you own it.
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12/05/2007 11:12:37 PM · #3 |
Originally posted by fotomann_forever:
Are there any rent to own photography stores on the net? |
I don't know about the net, but, my local camera store allows lay a way.
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12/05/2007 11:16:59 PM · #4 |
| most major electronic store, ie. Best buy, Circuit City, have no interest financing for 6 to 12 months. that's as close to rent to own as you can get, if paid in full before the expiration date of the program. You will probably have to pay a bit more than if bought online. just a thought. |
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12/05/2007 11:40:38 PM · #5 |
While I've never heard of a "rent to own" plan for photography equipment, I do believe I've heard of companies allowing you to apply your "just paid" rental fees towards the purchase of the camera or lens if you purchase immediately after renting it.
I'm thinking that www.pictureline.com does this. But I can't find it on their website. You might give them a call to see.
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12/05/2007 11:42:34 PM · #6 |
Originally posted by fotomann_forever:
Are there any rent to own photography stores on the net? |
I think you just struck gold |
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12/06/2007 02:09:07 AM · #7 |
Most rent to own outfits i've seen are rip offs. Rent a couch for $80/week, and in just 75 weeks it's yours! (18 months). Problem is, that's usually twice the purchase price.
Get a credit card, buy the gear, pay it off in 18 months. Sure, you're paying interest but any rent to own contract has fees in there somewhere - you're not paying same as cash that's for sure.
Now if you can get a 0% interest Credit card that's the same as cash.
Message edited by author 2007-12-06 02:09:23.
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12/06/2007 07:10:34 AM · #8 |
| Harrys but they are in CANADA. |
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12/06/2007 07:37:57 AM · #9 |
What are you looking to rent Leroy? Calumet has a lease program with a couple of different options on select camera bodies and lenses. And as usual you will pay more than the item is worth after all is said and done.
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12/06/2007 08:49:54 AM · #10 |
Originally posted by Prof_Fate:
Most rent to own outfits i've seen are rip offs. |
Yep. |
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12/06/2007 09:15:20 AM · #11 |
| its not a rip off to rent to own. Its more expensive yes, but they are providing a service. If you want to pay regular sticker price you need to cough up the cash up front. If you only want to pay $60 a week, of course its going to be more expensive, the seller is taking a risk that they give you a $1000+ item and never get paid for it. |
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12/06/2007 09:16:32 AM · #12 |
Leroy,
Were you looking for something specific? |
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12/06/2007 09:47:05 AM · #13 |
Originally posted by Jmnuggy:
its not a rip off to rent to own. Its more expensive yes, but they are providing a service. If you want to pay regular sticker price you need to cough up the cash up front. If you only want to pay $60 a week, of course its going to be more expensive, the seller is taking a risk that they give you a $1000+ item and never get paid for it. |
Compared to other means of buying on credit, rent-to-own is the most expensive way to buy something.
The credit card company or any other lender is taking the same risk, yet they don't charge nearly as much for assuming that risk. |
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12/06/2007 10:28:19 AM · #14 |
or another wacky old world notion. Open a bank account. Put money in it each month. Buy it when you have the money saved up.
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12/06/2007 10:30:11 AM · #15 |
Originally posted by Gordon:
or another wacky old world notion. Open a bank account. Put money in it each month. Buy it when you have the money saved up. |
What is this "money" of which you speak?
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12/06/2007 10:32:41 AM · #16 |
Originally posted by idnic:
Originally posted by Gordon:
or another wacky old world notion. Open a bank account. Put money in it each month. Buy it when you have the money saved up. |
What is this "money" of which you speak? |
Yes, old world one. Does this concept truly work? |
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12/06/2007 10:43:16 AM · #17 |
Originally posted by idnic:
Originally posted by Gordon:
or another wacky old world notion. Open a bank account. Put money in it each month. Buy it when you have the money saved up. |
What is this "money" of which you speak? |
it's like the opposite idea to this credit thing, except in soviet Russia you give money to the bank
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12/06/2007 10:45:02 AM · #18 |
Originally posted by Spazmo99:
Originally posted by Jmnuggy:
its not a rip off to rent to own. Its more expensive yes, but they are providing a service. If you want to pay regular sticker price you need to cough up the cash up front. If you only want to pay $60 a week, of course its going to be more expensive, the seller is taking a risk that they give you a $1000+ item and never get paid for it. |
Compared to other means of buying on credit, rent-to-own is the most expensive way to buy something.
The credit card company or any other lender is taking the same risk, yet they don't charge nearly as much for assuming that risk. |
A credit card company is not taking the same risk at all. Rent to own is done by retail businesses. If you default and don't pay they need to send you to collections which can take months. IF you don't pay on a credit card, they can slam your credit score, charge you interest from date of purchase, increase your rates, report you to your other card companies you may have and they can increase your rates. Credit card companies have recourse that is immediate and detrimental to the purchaser. A rent to own company doesn't have any of that so it is much more risky for say Ritz camera to do a rent to own. |
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12/06/2007 10:58:37 AM · #19 |
Originally posted by karmat:
Originally posted by idnic:
Originally posted by Gordon:
or another wacky old world notion. Open a bank account. Put money in it each month. Buy it when you have the money saved up. |
What is this "money" of which you speak? |
Yes, old world one. Does this concept truly work? |
Yes, oddly enough, it does. However, it often requires delayed gratification. |
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12/06/2007 11:07:15 AM · #20 |
Originally posted by Jmnuggy:
Originally posted by Spazmo99:
Originally posted by Jmnuggy:
its not a rip off to rent to own. Its more expensive yes, but they are providing a service. If you want to pay regular sticker price you need to cough up the cash up front. If you only want to pay $60 a week, of course its going to be more expensive, the seller is taking a risk that they give you a $1000+ item and never get paid for it. |
Compared to other means of buying on credit, rent-to-own is the most expensive way to buy something.
The credit card company or any other lender is taking the same risk, yet they don't charge nearly as much for assuming that risk. |
A credit card company is not taking the same risk at all. Rent to own is done by retail businesses. If you default and don't pay they need to send you to collections which can take months. IF you don't pay on a credit card, they can slam your credit score, charge you interest from date of purchase, increase your rates, report you to your other card companies you may have and they can increase your rates. Credit card companies have recourse that is immediate and detrimental to the purchaser. A rent to own company doesn't have any of that so it is much more risky for say Ritz camera to do a rent to own. |
A rent to own company can and will report consumers to the credit bureaus for late payments/defaults. They can also impose fees and charges for late/non payment, just like any other creditor.
The credit card companies will also send you to a collections agency or use their own internal collections bureau, but, the basic process is the same for all creditors.
The main difference is that the rent-to-own companies will accept the risk for people with poorer or non-existent credit history than a credit card or another more traditional lender would take. They spread this risk to all of their customers by charging outrageous prices. |
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