Lease Ownership: Long-Term Ownership with No Long-term Obligations
Posted Jun 08 2014 9:35pm
Despite being older than the modern internet, the lease to own concept that rose to fame in the 1970s is still seeing steady growth. Why does it continue to be such a popular option? There are many reasons, but if we had to pick just one, the power of choice would have to be it. Dealers give consumers the ability to lease the items they desire with the option to buy on flexible terms that benefit their individual situation. The path to ownership may be a lengthy one, but it doesn't have to be because there are no obligations.
No Credit? No Problem!
It's no secret. People with bankruptcies and credit woes in their past have a considerably harder time securing larger purchases. For individuals in this predicament, lease to own is a perfect alternative. Credit is a non-issue so those expensive items that would ordinarily be difficult to impossible to acquire because of past problems suddenly become easily obtainable. Although ownership is usually the goal, customers can walk away without worrying about credit or financial repercussions.
Lease to own is an ideal solution for consumers who simply don't have the cash to buy certain items upfront. You may not have the full price for a dining room set, but when the cost is broken down into several smaller payments, you can easily afford it even on a tight budget. Most stores let you pay in weekly or monthly installments, and offer additional options that help you spend less. For example, by exercising six months same as cash, you can obtain those items at a price that is much closer to what you would pay on the retail market.
All throughout the country, lease to own is putting purchasing power back into the hands of the consumer. Whether it's renting for a brief period of time and returning items, or buying them at the end of the term, it is a viable way to furnish one's needs regardless of any financial hardships that may be lingering. If you would like to learn more about the power of lease to own, visit the Buddy's website for details. As one of the largest operators in the country, it's an excellent resource for the savvy shopper.