This will work much in the same way as a customer service request with a few minor changes. After you choose the equipment you want, with the specifications you want, here's how it works;
Choose rent or lease, renting has a maximum of 2 weeks, leasing is anything beyond that.
Choose the term, rentals are available in daily, weekly or 2 week blocks (biweekly), whereas leasing is only available in monthly increments.
Both lease and rentals will require a security deposit. These are refundable and are due at the time the contract is signed.
For leases only, you will have the option to purchase a maintenance plan where we take care of all the repairs. If you decline, then you are responsible for the cost of the upkeep. This service is built in to the cost of rentals.
Another leasing perk will be the option to buy the equipment for a residual. At the end of your lease, if you choose to buy you will simply need to tell us how many hours are on the machine. After that, we calculate the value of the machine and apply any monthly lease payments and your security deposit towards the purchase, and all you owe is the difference. You can finance that amount as well.
For rentals only, we will keep $25 of the security deposit on rentals to help with maintenance and fuel costs. Fuel is included with your rental.
And with that, the office is now open for business.
So having made a few transactions, I've seen a couple areas that I think could benefit from some change.
For rentals, there will no longer be a security deposit. Instead, based on the type of machine, you will be assessed a maintenance fee, ranging from $25 to $75. You will also be assessed a transport fee of $50 for small rentals, and $80 for large rentals. Large rentals are machines that must be transported by semi.
The other thing is, please report all hours you put on any rental. The idea being that after a set number of hours is reached, we may be putting some of them up for sale on the used lot at a discounted price.
Thank you for reading, and for keeping this forum going.