Wednesday, 17 August 2011
Paying for What you Use
So, you used the bag about 92 times. Let's make it an even 100 times for easy figuring. At $800 and 100 uses, that handbag cost you $8 to use each time. Remember, if you paid by credit card and had to pay interest, the cost per use will go up considerably.
COST PER USE OF BUYING HANDBAG: $8
Now, let's look at renting.
The same handbag costs $280 to rent for an entire season. That gives you 90 days to use it (and if you watch for sales like our double time sale on now... you would get it for 180 days at no extra charge!). Assuming you pay regular price $280 + GST ($294) and use the bag every day during the 90 day rental period, it only costs $3.26 per use!! And if you cashed in on our sale, it would only cost $1.63 per use!!
COST PER USE WHEN RENTING (DURING SALE): $1.63