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Old 06-06-2014, 11:17 PM
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4 seasons lawn&land 4 seasons lawn&land is offline
LawnSite Gold Member
Join Date: Jan 2008
Location: NY
Posts: 3,529
How does rent to own work?

Can someone please school me on RTO? How does it work. Does 100% of the rental get applied to the principal? Is the rental/finance payment negotiable? Does the dealer maintain/repair the equipment during this time? Seems to me if the dealer is getting full amount rental payments then this would be a pretty safe way for them to finance equipment as a "default" would just become a very profitable rental deal for the dealer.
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