Comments on: What Do You Want to Rent? http://blog.irent2u.com/2007/07/30/what-do-you-want-to-rent/ The Online Rental Marketplace...Blog Tue, 06 Jan 2009 09:47:07 +0000 http://wordpress.org/?v=2.1.3 By: Erik http://blog.irent2u.com/2007/07/30/what-do-you-want-to-rent/#comment-15 Erik Thu, 02 Aug 2007 19:45:12 +0000 http://blog.irent2u.com/2007/07/30/what-do-you-want-to-rent/#comment-15 How's SurveyMonkey working out for you? How’s SurveyMonkey working out for you?

]]> By: Erik http://blog.irent2u.com/2007/07/30/what-do-you-want-to-rent/#comment-16 Erik Thu, 02 Aug 2007 19:46:19 +0000 http://blog.irent2u.com/2007/07/30/what-do-you-want-to-rent/#comment-16 It's a neat concept or renting stuff... although what I've seen of the business model thus far involving renting of items is that they just end up cheating "poor" people. It’s a neat concept or renting stuff… although what I’ve seen of the business model thus far involving renting of items is that they just end up cheating “poor” people.

]]> By: Tim McCormack http://blog.irent2u.com/2007/07/30/what-do-you-want-to-rent/#comment-17 Tim McCormack Fri, 03 Aug 2007 22:17:34 +0000 http://blog.irent2u.com/2007/07/30/what-do-you-want-to-rent/#comment-17 Hello Erik, Survey Monkey has been great so far, but i will check out your solution when I get a chance. As to your other comment, I think I know what you are talking about. Rent to own models generally end up being a bad option for people. They pay an inflated rental amount for 6 months until they can't pay anymore. At this point they lose the item and all the additional value they paid. This is indeed a bad model. For most people and items though, it is actually much cheaper to rent. In fact, rentals happen to be more popular with wealthier people. Why? Because people with money understand that they can spend their money on an item that they hardly ever use, or instead they can invest it and have it make them money. This is a key concept that we want more people to understand. Renting actually saves you money, as long as the rental rates aren't too high. We hope though, by creating an open market, to make rentals more affordable for everyone. Thanks for the comment! Hello Erik,

Survey Monkey has been great so far, but i will check out your solution when I get a chance.

As to your other comment, I think I know what you are talking about. Rent to own models generally end up being a bad option for people. They pay an inflated rental amount for 6 months until they can’t pay anymore. At this point they lose the item and all the additional value they paid. This is indeed a bad model.

For most people and items though, it is actually much cheaper to rent. In fact, rentals happen to be more popular with wealthier people.

Why? Because people with money understand that they can spend their money on an item that they hardly ever use, or instead they can invest it and have it make them money.

This is a key concept that we want more people to understand. Renting actually saves you money, as long as the rental rates aren’t too high. We hope though, by creating an open market, to make rentals more affordable for everyone.

Thanks for the comment!

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