Would you rent?

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alcelc
alcelc Forum Pro • Posts: 20,549
Would you rent?

A new scheme from Pany as per 4/3 rumor below:

Source: https://www.43rumors.com/surprise-move-panasonic-launches-a-leasing-service-on-the-g100-and-s5ii/

My calculator said after 36 months the total sum of rental paid on G100 will be US$720 or US$2,412 on S5-II.

!

I checked B&H for the price of today:

  • G100 + 12-32 is asking US$498
  • S5-II is US$1,698 body only or US$1,896 w/ 20-60.

A couple of days ago my local Panny shop listed S5-II + 20-60 for little as US$1,795 only

IMHO these scheme indeed offers an excellent profit to Panny: 14.8% p.a. on G100 or 14% p.a. on S5-II (body only). Yet it is not a demise lease such that the ownership will not pass on to the leasess after the initial rental period.

I could get interest free installments on my credit card!

Except a guarantee of 36M warranty, can't think of any other advantage on taking up such arrangement? Am I missing something?

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Albert
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