On 5/3/2021 4:07 PM, 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.Â* 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.Â* They'd be better off
> looking at a new one.

Explain how a minimum wage earner with no credit history can pay for
that brand new unit? That is why the used appliance dealers and places
like Rent A Center exist.