mocycler
Premium
join:2001-01-22
Naperville, IL
 ·AT&T U-Verse
 ·AT&T Midwest
4 edits | reply to lazarus_
Re: Its not a "scam"
I admit I'm not familiar with the details of this case, but I agree in principle: If you are clueless enough to sign a lease without doing any homework, hey, business is business, baby. Learn how to read or hire a lawyer to do it for you. Capitalism rules! There's an old saying: "Fair" is whatever you settle for.
They lease out equipment with the expectation they will get back more than what it cost them to purchase and maintain it. So what?
I recently rented a car for $60/day. It was a low-end Chevy Cavalier. That would come out to $1800/month... waaayyy more than what it would cost me if I just bought the car and made payments. I read everything and knew exactly what I was getting into and didn't have a problem with it. It was a one-day rental. Did I get screwed?
If they are guilty of nonpayment of insurance, theft, cooking the books, etc., that's a totally separate issue.
But renting out an item worth $300 on ebay to some dumbass at $45,000 for five years (that's $9000/year!)? Hey, hats off to ya (mocycler applauds loudly)! The discussion link referenced above is riddled with Norvergence customers who basically said, "It sounded too good to be true but I went for it anyway." Duh. Serves ya right.
Peace,
mocycler |
