Register free!
Search
 
     

The Green Industry's Resource Center


Click for Weather
 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #1  
Old 06-06-2014, 10:17 PM
4 seasons lawn&land's Avatar
4 seasons lawn&land 4 seasons lawn&land is online now
LawnSite Gold Member
 
Join Date: Jan 2008
Location: NY
Posts: 3,317
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.
Reply With Quote
 

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump





Powered by vBulletin® Version 3.8.6
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Copyright ©1998 - 2012, LawnSite.com™ - Moose River Media
All times are GMT -4. The time now is 11:50 PM.

Page generated in 0.10822 seconds with 8 queries