On Mon, 3 May 2021 16:07:49 -0400, Dave Smith
> wrote:

>On 2021-05-03 2:58 p.m., Heywood wrote:
>> On 5/2/2021 1:39 PM, Sheldon Martin wrote:
>>
>
>>
>> We had a used appliance dealer in town. Some of the stuff was decent but
>> the one big appeal was $5 down and $5 a week. For many, the only way to
>> have a washer or refrigerator.
>
>Not a great deal. That's $260 a year. In 2-3 years that would pay for a
>brand new washer... with a warranty. Instead, this deal gets you a
>machine that will probably die in a 2-3 years. They'd be better off
>looking at a new one.


Appliance rentals are never good deals. They are similar to paycheck
loan companies in that respect. These are industries that prey on the
poor, the unbanked, or those who cannot establish credit.