Monday, November 4, 2013

The Future's So Bright I Gotta Rent Tires

June 08, 2013
High prices are driving more motorists to rent tires

Eric Malone, who owns eight RimTyme stores in North Carolina, Virginia and Georgia, was drawn to the business by the high profit potential. RimTyme averages more than $1.4 million a year in sales across its 25 locations, nearly double the take at parent company Rent-a-Center's traditional furniture and electronics stores.

His employees make about three repossessions a week....

9 comments:

Mr Slippery said...

I love this story!

Places like Rip-Off-Center are experts at taking advantage of the poor and financially ignorant. What a country. sigh.

What other necessities can be rented? Housing is covered, cars, furniture, now tires. Food and gas are consumed. How about clothes and shoes?

Rent-A-Shoe? Rent-A-Closet?

Stagflationary Mark said...

Mr Slippery,

What other necessities can be rented?

Rent-Some-TP

You need a square! We got a square to spare! For a small additional monthly fee we'll even deliver, within 30 minutes or the first month's rent is free!*

* With fully paid two-year contract. No missed payments. 24th month is free.

Stagflationary Mark said...

Where's this country headed? The following was caught by Blogger's SPAM filter. It would be a shame to let it go to waste, lol. Sigh.

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Good frickin' grief. Where's our country headed?

Fritz_O said...

Good frickin' grief. Where's our country headed?

Let's channel some positive thoughts into this thread.

Nevermind that the entire homeland eCONomy now depends on the savings of poor people on the periphery to keep it from falling apart.

Nevermind that AmeriCONs CONsume more than they earn.

The difference will be made up by the kindness of thrifty Asians whose savings glut will continue to be recycled into granite countertops and flat-screen TV's.

It's a Goldilocks eCONomy:

1. Real estate never goes down,
2. You can get rich by spending,
3. Savings don't matter,
4. Deficits don't matter,
5. Let them sweat, we'll think!

Or is that an Alice in Wonderland eCONomy???

Stagflationary Mark said...

Fritz_O,

Nevermind that the entire homeland eCONomy now depends on the savings of poor people on the periphery to keep it from falling apart.

I'm trying. I'm really trying. Nope. I'm minding. Bah! What is it with me and all these negative waves?

Fritz_O said...

What is it with me and all these negative waves?

You're clinging to old rules and customs. Relax and feel the rythmic vibes of a revolution. A new system of habitual cheating has taken hold.

Stagflationary Mark said...

Fritz_O,

You're clinging to old rules and customs.

I just want things to be stable long-term.

Ba dum tssshhh

Heather said...

Why not buy used tires? it might be a bit more expensive but no where near 900 dollars! at that price it would have saved them atleast 700 dollars or so just to buy new tires

just saying

* MDtiredepot.com *

Stagflationary Mark said...

Heather,

One would think that at least some of the tires being rented have already been used by others. Scary thought considering how much is being spent.