The Economics Of Renting Versus Credit on TV's - Page 5 - UK Vintage Radio Repair and Restoration Discussion Forum

FERNSEH · 2nd Jul 2018, 1:09 am

Originally Posted by Heatercathodeshort
"Nobody has anything repaired today. The local dump has a massive skip filled with flat screen TV's that has to be replaced every few days."

Reply G6Tanuki: "I celebrate this!"

But don't forget all these flat TVs are imported and that can't be good for the balance of payments.

DFWB.

Refugee · 2nd Jul 2018, 1:16 am

They have also demolished all the factories that used to make consumer electronics or turned them into luxury flats.

Grubhead · 2nd Jul 2018, 12:20 pm

Martin Dawes are still going and renting sets!
"RENTAL IS BACK"
It boast on the website!
martin dawes

FERNSEH · 2nd Jul 2018, 12:49 pm

"RENTAL IS BACK!" Then good luck to them. What planet are they on, hardly anybody rents TVs these days. Do they believe droves of people will be coming into their stores to sign up for TV rental?

DFWB.

Dai Corner · 2nd Jul 2018, 1:04 pm

Some of the car finance plans you see aren't far off rental as you keep changing the vehicle and never own it.

Also buying furniture and domestic appliances which are worn out by the time the credit is paid off.

I did rent my first CD player back in the 1980s.

Refugee · 2nd Jul 2018, 1:20 pm

We just buy the appliance and put the extended warranty fee into s deposit account.
Last time the washing machine blew up we had a nice upgrade and no rental company to deal with. We had the new machine delivered next day.

Nuvistor · 2nd Jul 2018, 1:32 pm

Martin Dawes have been around a long time, took over from his dad Fred Dawes. They used to have lots of shops, seems they only have the one in Warrington along with their head office. All sales/rental seem to to phone or internet.
Four service centres, 3 in the north of England one in Scotland.
They offer a lot in service, I don’t know any different so I will accept they do a good job.

The rental marketing is just like it used to be, change you appliance when you wish and all repairs covered.

Refugees suggestion of putting the extended warranty fee in an account is what I do..

Nuvistor · 2nd Jul 2018, 1:37 pm

I am sure it was Martin Dawes that my next door neighbours son went to work for 20 or so years ago. I think they had their own training dept, presume they had internal testing as well. He did very well in the exams and was good at repairing TV’s, Videos etc.

He didn’t stay in the job, presume he thought his future was elsewhere, he is doing extremely well in the job he changed to, looks happy to.

Paul_RK · 2nd Jul 2018, 3:25 pm

Quote:

Originally Posted by G6Tanuki

We've managed to reach a point where consumer-electronics are cheaper to replace-with-new rather than employing someone to waste their time repairing them...

Is it so much better that every time something fails or goes out of fashion people "waste their time" digging or drilling more stuff out of the ground, transporting it probably half way round the world several times over to refine, make into components and then into a completed item somewhere else, packing the said item and transporting it to somewhere else again, marketing and selling it, salvaging whatever can be salvaged of the former item and burying the rest? Sorry, but it seems more like monumental and unsustainable failure to me.

Dai Corner · 2nd Jul 2018, 4:46 pm

A reflection of the different lifestyle expectations of the miners, manufacturers and transporters compared with those of the markets, sellers and consumers.

I'm getting a little to close to politics so will leave it there before I incur the moderators' displeasure!

colly0410 · 2nd Jul 2018, 11:08 pm

A while ago at work a woman said she rented her TV & put pound coins in a meter, we'd got a TV we didn't use & offered to give it to her. She said "no thanks, putting pound coins in the meter helps us save money as we get a good rebate every month." I tried to explain the economics didn't add up but she wouldn't listen. Ended up taking old TV to tip as wife wanted it gone, I couldn't give it away..

Grubhead · 3rd Jul 2018, 12:06 am

Quote:

Originally Posted by FERNSEH

"RENTAL IS BACK!" Then good luck to them. What planet are they on, hardly anybody rents TVs these days. Do they believe droves of people will be coming into their stores to sign up for TV rental?

DFWB.

To be fair to them if they are offering new equipment, if you haven't got a lot of money (and in these days that's a lot of people) or on low budget, then if you want a 4K TV then renting would be the best option. Not many people have the cash to buy them outright. And have you seen the APR rates on those loan adverts!

Dai Corner · 3rd Jul 2018, 12:24 am

Very true. Many people don't think any further than the money coming in and going out each week. Keeping the old set, saving up what they would have paid in rental or loan repayments, buying outright and saving money in the long run just isn't on their radar.

Heatercathodeshort · 3rd Jul 2018, 9:03 am

To be honest, if you are on a tight budget and many are, do you really need a 60" 4K TV? It is hardly the priority of a young family.

Back in the shop days I would sell a reconditioned TV to young starters at around £18-20 and some years later eventually sell them their first colour receiver.

There are plenty of excellent CRT models around for nothing today that will give 100 channels with a set top box [just how much television can you watch!] but no they must have the latest superscreen model with no money to pay for it.

Such a shame that so many high quality receivers went to landfill. J.

FERNSEH · 3rd Jul 2018, 9:35 am

A chap came in the shop yesterday all excited because a new channel starts on Freeview. I could hardly contain my indifference.

Can you imagine if you have over a thousand rental TVs to look after and having to do tune-ins almost every week?

Evidently the new channel will be on Freeview 57.

DFWB.

Dai Corner · 3rd Jul 2018, 9:45 am

I acquired my first LCD TV in exchange for a pint and half an hour's technical support after a relative replaced it with a huge one capable of 4K. The young man concerned is in his thirties and still living with his mother as he 'can't afford to move out'. He apparently has no savings despite working since he was 16.

The old CRT was donated to British Heart Foundation who saved me a headache by sending a two man team to collect it. I hope they made money out of it.

AC/HL · 3rd Jul 2018, 10:37 am

That was then. Most of us were like that. Now is now. Wall to wall advertising/peer pressure/instant expectations plus easy finance and guilt free debt coupled with the receding prospect of house ownership.
Martin Dawes aren't fools, they've presumably read the current financial cycle, and see an opening.

Peter.N. · 3rd Jul 2018, 1:25 pm

Quote:

Originally Posted by colly0410

A while ago at work a woman said she rented her TV & put pound coins in a meter, we'd got a TV we didn't use & offered to give it to her. She said "no thanks, putting pound coins in the meter helps us save money as we get a good rebate every month." I tried to explain the economics didn't add up but she wouldn't listen. Ended up taking old TV to tip as wife wanted it gone, I couldn't give it away..

I had quite a few rentals out with slot meters, in fact I still have a few meters in the workshop. Some people requested them but others got them because it was the only way I could get the money out of them.

The piggy bank scenario was the same here, they were very eager to have their meters emptied as they usually got a fat rebate but I gradually changed the time they got for a pound, 50p it used to be in fact I seem to remember two shillings or even less long ago, anyway it reduced the number of trips I had to make but their rebate remained about the same.

Peter

FERNSEH · 3rd Jul 2018, 4:03 pm

Someone came in the shop[ today enquiring about renting a TV for three weeks. I suggested why bother? Just go to a supermarket and buy a cheapie 32" LCD TV. A 32" LCD TV set can be had for little over 100 pounds.
I believe there are firms doing short term TV rental but it won't come cheap.
Edit: But they'd better hurry up if they want to buy a TV from Tesco Direct. It closes down on the 9th of this month.
From the Sun:
TESCO Direct is closing down next month putting 500 jobs at risk.
The supermarket is shutting down the tech, toys, clothes and homeware side of the business because it isn't making any money "despite best efforts".

DFWB.

Maarten · 3rd Jul 2018, 4:36 pm

Quote:

Originally Posted by Paul_RK

Quote:

Originally Posted by G6Tanuki

We've managed to reach a point where consumer-electronics are cheaper to replace-with-new rather than employing someone to waste their time repairing them...

Is it so much better that every time something fails or goes out of fashion people "waste their time" digging or drilling more stuff out of the ground, transporting it probably half way round the world several times over to refine, make into components and then into a completed item somewhere else, packing the said item and transporting it to somewhere else again, marketing and selling it, salvaging whatever can be salvaged of the former item and burying the rest? Sorry, but it seems more like monumental and unsustainable failure to me.

Indeed. I don't think this is something to rejoice about as the hidden costs make it unsustainable in the long run. The hidden costs are only hidden since that makes some sense in our version of capitalism, but they can't remain hidden for too long. Sets will become more expensive and labour less so.

2nd Jul 2018, 1:09 am	#81
FERNSEH Dekatron Join Date: Mar 2005 Location: Gateshead, Tyne and Wear, UK. Posts: 7,444	Re: The Economics Of Renting Versus Credit on TV's Originally Posted by Heatercathodeshort "Nobody has anything repaired today. The local dump has a massive skip filled with flat screen TV's that has to be replaced every few days." Reply G6Tanuki: "I celebrate this!" But don't forget all these flat TVs are imported and that can't be good for the balance of payments. DFWB.

2nd Jul 2018, 1:16 am	#82
Refugee Dekatron Join Date: Apr 2012 Location: Worksop, Nottinghamshire, UK. Posts: 5,554	Re: The Economics Of Renting Versus Credit on TV's They have also demolished all the factories that used to make consumer electronics or turned them into luxury flats.

2nd Jul 2018, 12:20 pm	#83
Grubhead Heptode Join Date: Dec 2016 Location: Sheffield, South Yorkshire, UK. Posts: 539	Re: The Economics Of Renting Versus Credit on TV's Martin Dawes are still going and renting sets! "RENTAL IS BACK" It boast on the website! martin dawes

2nd Jul 2018, 12:49 pm	#84
FERNSEH Dekatron Join Date: Mar 2005 Location: Gateshead, Tyne and Wear, UK. Posts: 7,444	Re: The Economics Of Renting Versus Credit on TV's "RENTAL IS BACK!" Then good luck to them. What planet are they on, hardly anybody rents TVs these days. Do they believe droves of people will be coming into their stores to sign up for TV rental? DFWB.

2nd Jul 2018, 1:04 pm	#85
Dai Corner Hexode Join Date: Oct 2016 Location: Newport, South Wales, UK. Posts: 278	Re: The Economics Of Renting Versus Credit on TV's Some of the car finance plans you see aren't far off rental as you keep changing the vehicle and never own it. Also buying furniture and domestic appliances which are worn out by the time the credit is paid off. I did rent my first CD player back in the 1980s.

2nd Jul 2018, 1:20 pm	#86
Refugee Dekatron Join Date: Apr 2012 Location: Worksop, Nottinghamshire, UK. Posts: 5,554	Re: The Economics Of Renting Versus Credit on TV's We just buy the appliance and put the extended warranty fee into s deposit account. Last time the washing machine blew up we had a nice upgrade and no rental company to deal with. We had the new machine delivered next day.

2nd Jul 2018, 1:32 pm	#87
Nuvistor Dekatron Join Date: Aug 2013 Location: Wigan, Greater Manchester, UK. Posts: 9,433	Re: The Economics Of Renting Versus Credit on TV's Martin Dawes have been around a long time, took over from his dad Fred Dawes. They used to have lots of shops, seems they only have the one in Warrington along with their head office. All sales/rental seem to to phone or internet. Four service centres, 3 in the north of England one in Scotland. They offer a lot in service, I don’t know any different so I will accept they do a good job. The rental marketing is just like it used to be, change you appliance when you wish and all repairs covered. Refugees suggestion of putting the extended warranty fee in an account is what I do.. __________________ Frank

2nd Jul 2018, 1:37 pm	#88
Nuvistor Dekatron Join Date: Aug 2013 Location: Wigan, Greater Manchester, UK. Posts: 9,433	Re: The Economics Of Renting Versus Credit on TV's I am sure it was Martin Dawes that my next door neighbours son went to work for 20 or so years ago. I think they had their own training dept, presume they had internal testing as well. He did very well in the exams and was good at repairing TV’s, Videos etc. He didn’t stay in the job, presume he thought his future was elsewhere, he is doing extremely well in the job he changed to, looks happy to. __________________ Frank

2nd Jul 2018, 4:46 pm	#90
Dai Corner Hexode Join Date: Oct 2016 Location: Newport, South Wales, UK. Posts: 278	Re: The Economics Of Renting Versus Credit on TV's A reflection of the different lifestyle expectations of the miners, manufacturers and transporters compared with those of the markets, sellers and consumers. I'm getting a little to close to politics so will leave it there before I incur the moderators' displeasure!

2nd Jul 2018, 11:08 pm	#91
colly0410 Pentode Join Date: Jul 2009 Location: Hucknall, Nottinghamshire, UK. Posts: 223	Re: The Economics Of Renting Versus Credit on TV's A while ago at work a woman said she rented her TV & put pound coins in a meter, we'd got a TV we didn't use & offered to give it to her. She said "no thanks, putting pound coins in the meter helps us save money as we get a good rebate every month." I tried to explain the economics didn't add up but she wouldn't listen. Ended up taking old TV to tip as wife wanted it gone, I couldn't give it away..

3rd Jul 2018, 12:24 am	#93
Dai Corner Hexode Join Date: Oct 2016 Location: Newport, South Wales, UK. Posts: 278	Re: The Economics Of Renting Versus Credit on TV's Very true. Many people don't think any further than the money coming in and going out each week. Keeping the old set, saving up what they would have paid in rental or loan repayments, buying outright and saving money in the long run just isn't on their radar.

3rd Jul 2018, 9:03 am	#94
Heatercathodeshort Dekatron Join Date: Jun 2005 Location: Warnham, West Sussex. 10 miles south of DORKING. Posts: 9,147	Re: The Economics Of Renting Versus Credit on TV's To be honest, if you are on a tight budget and many are, do you really need a 60" 4K TV? It is hardly the priority of a young family. Back in the shop days I would sell a reconditioned TV to young starters at around £18-20 and some years later eventually sell them their first colour receiver. There are plenty of excellent CRT models around for nothing today that will give 100 channels with a set top box [just how much television can you watch!] but no they must have the latest superscreen model with no money to pay for it. Such a shame that so many high quality receivers went to landfill. J.

3rd Jul 2018, 9:35 am	#95
FERNSEH Dekatron Join Date: Mar 2005 Location: Gateshead, Tyne and Wear, UK. Posts: 7,444	Re: The Economics Of Renting Versus Credit on TV's A chap came in the shop yesterday all excited because a new channel starts on Freeview. I could hardly contain my indifference. Can you imagine if you have over a thousand rental TVs to look after and having to do tune-ins almost every week? Evidently the new channel will be on Freeview 57. DFWB.

3rd Jul 2018, 9:45 am	#96
Dai Corner Hexode Join Date: Oct 2016 Location: Newport, South Wales, UK. Posts: 278	Re: The Economics Of Renting Versus Credit on TV's I acquired my first LCD TV in exchange for a pint and half an hour's technical support after a relative replaced it with a huge one capable of 4K. The young man concerned is in his thirties and still living with his mother as he 'can't afford to move out'. He apparently has no savings despite working since he was 16. The old CRT was donated to British Heart Foundation who saved me a headache by sending a two man team to collect it. I hope they made money out of it.

3rd Jul 2018, 10:37 am	#97
AC/HL Dekatron Join Date: Nov 2003 Location: Heckmondwike, West Yorkshire, UK. Posts: 9,642	Re: The Economics Of Renting Versus Credit on TV's That was then. Most of us were like that. Now is now. Wall to wall advertising/peer pressure/instant expectations plus easy finance and guilt free debt coupled with the receding prospect of house ownership. Martin Dawes aren't fools, they've presumably read the current financial cycle, and see an opening.

3rd Jul 2018, 4:03 pm	#99
FERNSEH Dekatron Join Date: Mar 2005 Location: Gateshead, Tyne and Wear, UK. Posts: 7,444	Re: The Economics Of Renting Versus Credit on TV's Someone came in the shop[ today enquiring about renting a TV for three weeks. I suggested why bother? Just go to a supermarket and buy a cheapie 32" LCD TV. A 32" LCD TV set can be had for little over 100 pounds. I believe there are firms doing short term TV rental but it won't come cheap. Edit: But they'd better hurry up if they want to buy a TV from Tesco Direct. It closes down on the 9th of this month. From the Sun: TESCO Direct is closing down next month putting 500 jobs at risk. The supermarket is shutting down the tech, toys, clothes and homeware side of the business because it isn't making any money "despite best efforts". DFWB. Last edited by FERNSEH; 3rd Jul 2018 at 4:20 pm.