Purchasing methods

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by HannahnMatt
Last updated 5 years ago

Discipline:
Resources & Tools
Subject:
Lesson Planning
Grade:
11

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Purchasing methods

Hannah Lawson

Purchasing Methods Assignment

Reduce Risk with the Non-Refundable Option FeeNo Commission to PayAttract Quality TenantsCommand Good Sales Prices in a Tough MarketContinued Tax BenefitsAvoid Vacancies

You make a down payment.Some stores let you choose the amount.You make small payments over time. You can make weekly, biweekly, or even monthly payments, depending on the store’s policy.Once you pay off the total purchase price, you can pick up your items.

Layaway

Saves TimePrice ComparisonsSaves FuelWith online retailers, it is much easier to find the item, model number, color, style, and size you want.Shop 24/7 with No waiting

Rent to own

1950

Buying online

There will sometimes be an additional expense to ship your purchases.Purchasing online will require some patience, while you wait for your order to be packed, shipped, and delivered to you. Personal Data RisksHaving to deal with defective items.

The Renter/Buyer Could Opt OutThe Potential for Less ProfitSellers may potentially miss out on a higher profitHomebuyers can walk away from rent to own homes, which may cause problems for sellers.

A service fee covers the store’s cost of processing multiple payments and keeping the items off the shelves.Most stores charge a cancellation fee if you decide to cancel your layaway plan.Some stores charge a restocking fee if you do not make your payments on time.

Resources http://www.translationdirectory.com/articles/article2329.phphttp://financialhighway.com/layaway-pros-and-cons/http://www.realtystore.com/realty-guide/a-guide-to-lease-to-own/chapter-3


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