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Renting to own

Aug 30, 2021
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Andrew
Hello all, I do not know if this is the proper place to post this question...but does anyone have any information or has anyone started a "rent to own" program at their dealerships and if so, can you point me in the right direction?
 

Jeff Kershner

Founder
May 1, 2005
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Isn't that basically what a term loan/lease is?
How would a "rent to own service" be different?

Several dealers/groups and manufacturers have tried different types of financing/leasing programs, but most have come up short and are no longer providing the services.
 
Aug 30, 2021
7
1
Awards
1
First Name
Andrew
Isn't that basically what a term loan/lease is?
How would a "rent to own service" be different?

Several dealers/groups and manufacturers have tried different types of financing/leasing programs, but most have come up short and are no longer providing the services.
In the land of the subprime, it's easier to go this route IMO.