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shanoshamanizum OP t1_ja3ay8a wrote

Reply to comment by Decumulate in A platform for products with no planned obsolescence by shanoshamanizum

Thanks! Can you direct me to an example?

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Decumulate t1_ja3d8aw wrote

Yeah - this site. https://www.aarons.com and before you say “but those products aren’t the long lasting type I imagined”, I think it’s because this model isn’t inherently going to solve this issue. You’re appealing to buyers that want to get in cheaper, not buyers that care about obsolescence

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shanoshamanizum OP t1_ja3dndd wrote

It's not about getting in cheaper. In fact the first down-payment will be equivalent of a mainstream product. It's the only way to sell premium products to customers with decreasing income. Rent to own can have many variations. The one presented here is designed specifically to reward longevity and to guarantee no planned obsolescence.

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Decumulate t1_ja3l1dz wrote

I’m still missing how longevity is rewarded though outside of a typical rent to own system

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shanoshamanizum OP t1_ja3mn0r wrote

You simply stop paying if it breaks. You lose the product the company loses 40-50% of potential revenue. For each operational year you reward the company.

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Decumulate t1_ja3nuco wrote

There’s absolutely nothing different with that versus what I posted above. That’s nearly every rent to own model. That doesn’t incentivize obsolescence - it would have to be direct incentive.

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