What to Know Before Entering a Rent-to-Own ATV Agreement
Key Considerations Before Signing
Before entering a rent-to-own agreement, it's crucial to understand the terms and conditions thoroughly. One of the first things to consider is the total cost of the agreement. While the monthly payments might seem manageable, the cumulative cost over time can exceed the ATV's retail price. Additionally, ensure you are aware of any additional fees, such as maintenance costs or penalties for early termination.
It's also important to verify the condition of the ATV. Renting a well-maintained vehicle reduces the risk of unexpected repairs, which could add to your expenses. Request a detailed history of the ATV's maintenance and usage, and consider having a trusted mechanic inspect it before you commit.