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Rent-a-tire Business is Inflating
Autoblog ^ | June 11, 2013 | Zach Bowman

Posted on 06/11/2013 6:35:10 PM PDT by nascarnation

The Los Angeles Times is reporting that America's tire rental business is growing. Companies that previously specialized in rent-to-own wheels are now shifting their business to provide low-income drivers with rent-to-own tires. Customers can pay as little as $14 per month for new rubber, but may wind up paying as much as four times the retail price by the time all's said and done. While the first rent-to-own wheel and tire dealer surfaced in the mid '90s, the business has been expanding.

(Excerpt) Read more at autoblog.com ...


TOPICS: Business/Economy; Miscellaneous; Society
KEYWORDS: business; lending; tire
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To: UCANSEE2

“Do you have to rent the air as well ?”
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No, you buy it for two cents per pound.


21 posted on 06/11/2013 7:21:09 PM PDT by RipSawyer (I was born on Earth, what planet is this?)
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To: nascarnation

Breast implants can be kind of pricey.......

“Ladies are you dreading that 20 year high school reunion? Have your breasts dropped lower than Obama’s ratings? Maybe you just want to show Cindy that YOU have the big ones, now. Breast implants can cost thousands of dollars! And do you really need them after the reunion? Why not rent them? Come on down to Bobs Boob Shack and rent yourself a pair of our famous Dolly Partons for only $14 a week! Why, for the price of a couple of fancy coffees a week, you can make all the men in your class wish they’d taken you to the prom instead of Slutty Cindy!”


22 posted on 06/11/2013 7:29:33 PM PDT by blueunicorn6 ("A crack shot and a good dancer")
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To: nascarnation

“Companies that previously specialized in rent-to-own wheels are now shifting their business to provide low-income drivers with rent-to-own tires. Customers can pay as little as $14 per month for new rubber, but may wind up paying as much as four times the retail price by the time all’s said and done.”
Can’t blame it’s a market niche created by easy money. 4 times! Great profit. That monthly piece of paper that pays for tihis is creatively being stretched to have a residual each month irregardless of the cost. The heck with the cost just give me that with as much left now because next month the reset button is pushed and I’m guaranteed money will come. It’s a shame that our money is not worth more.


23 posted on 06/11/2013 7:30:19 PM PDT by Recompennation (Constitutional protection for all not just selectively for Democrats.)
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To: Arthurio
I've been there. I put myself through college on my own dime, no loans and so on and at the end completely broke. When it came to getting that real first job, I used duct tape, bondo, and spare parts from where ever I could get them to keep that car running to get to work. Fortunately it was in the days that any guy could work on a car without a computer.

I thought I had it made when I bought my first safe car. Shortly there after came a wife, kids and more responsibility ... it has been down hill ever since. (just kidding)

24 posted on 06/11/2013 7:31:01 PM PDT by ConservativeInPA (Molon Labe - Shall not be questioned)
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To: blueunicorn6

Less than perfect credit? Low credit, slow credit. NO credit?
No problem at Betty’s Rent-to-own Boob Boutique!

You can go from ‘iitty bitty’ to boulder holders! While in the store check out our pre-owned selection of chewing gum and space age plastic, lightly used beverage containers.


25 posted on 06/11/2013 8:11:40 PM PDT by tumblindice (America's founding fathers: All armed conservatives.)
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To: RipSawyer
No, you buy it for two cents per pound.

That makes it a huge bargain as well, considering that it costs about a DOLLAR to get less than 30 pounds of air at a convenience store.

26 posted on 06/11/2013 8:53:46 PM PDT by UCANSEE2 (The monsters are due on Maple Street)
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To: Arthurio

Near where I live, there is a USED TIRE STORE. I had one tire that had a slow leak , which got faster as the temperature increased.

A new tire would have cost over $100, but for $40 they mounted and balanced a used tire that was a good match. It has plenty of tread and I have no complaints.


27 posted on 06/11/2013 8:59:39 PM PDT by UCANSEE2 (The monsters are due on Maple Street)
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To: nascarnation

The scam(er) or rather scum industries are sickening. (Of course the low income-low information) people that fall for them are not wise, but it’s still sickening how many take advantage.

Bottom feeders..


28 posted on 06/11/2013 10:15:57 PM PDT by JSDude1 (Is John Boehner the Neville Chamberlain of American Politics?)
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To: nascarnation

When I hear about these places I always wonder if they have a huge guy with a baseball bat that collects from those that don’t pay...


29 posted on 06/11/2013 10:22:16 PM PDT by Tammy8 (~Secure the border and deport all illegals- do it now! ~ Support our Troops!~)
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To: Tammy8

It would be interesting to see the contract language. Maybe they just tow the car away.


30 posted on 06/12/2013 5:06:10 AM PDT by nascarnation (Baraq's economic policy: trickle up poverty)
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