Why does the same TV cost more at Rent-A-Center than it does at Best Buy?
Why does the same TV cost more at Rent-A-Center than it does at Best Buy?
Homework Answers
Solution
In Rent A Center if a customer rent a TV for a cost paid monthly that is very less as compared to loan monthly installment . The rate appears to be more attractive than purchases or any payment plan . The customer own the assets from Rent A Center after making rental payments in full over the term . But the period of payment in much longer and after calculating buyers end up paying much higher than best buy .
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Why does the same TV cost more at Rent-A-Center than it does at
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