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Has anyone ever attempted a PSP rental business?, Kinda interesting idea for long term.
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TSSt0rmFury
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Oct 8 2008, 05:34 PM, updated 18y ago
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Getting Started

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Some people only buy a PSP because they only want to play a few games (I know I did) and later don't know what to do with it so they sell it. What if someone were to buy some PSPs in bulk and start renting them out? The person will rent the PSP for the same price it was bought at, and after a period of time return it to the owner who will return the money minus the rental. Any late charges will be duducted accordingly. Sounds like a good idea? Only problem is the starting capital.
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J-Slade
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Oct 8 2008, 05:50 PM
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What about scratches? How will you handle that... and also swapped parts like for example with compatible brand battery/charger
Also will you provide MSPD? How if they swap with those no brand ones?
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TSSt0rmFury
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Oct 8 2008, 06:24 PM
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Getting Started

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Well, you could use a casing with a custom lock or seal it with a sticker stating that if casing is opened then there will be a penalty. Of course the penalty would have to be adjusted accordingly.
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wodenus
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Oct 8 2008, 07:08 PM
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The seal should be hard to counterfeit though, otherwise someone could just print one off and stick it on.
This post has been edited by wodenus: Oct 8 2008, 07:09 PM
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alien0110
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Oct 8 2008, 07:18 PM
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What if the psp spoil during rental, do you blame the user and take all the deposit money? I think PSP is quite cheap already, everyone also can afford, owning it is better as even you don't play games, you can always use it as media player to watch movies or use it to online.
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J-Slade
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Oct 8 2008, 11:44 PM
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Actually the idea is quite good. I would rent it just to play Force Unleashed or GTA smtg like that. But anyway my gf recently bought a PSP so i just borrow hers.
It is true that most ppl buy a PSP just for a game or two..
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SUSnordingh
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Oct 9 2008, 01:20 AM
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I don't see the idea is good. For me, if I can pay the rental at same price as new one better I buy myself. At least I don't have to worry about the scratches or unit become faulty.
Better to get 2nd hand unit than rent it.
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TSSt0rmFury
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Oct 9 2008, 09:31 AM
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Getting Started

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No no no, you rent at the same price as some form of insurance for the owner. Just like how you go to those book rental stores, you buy the book at the cost price and within a month the store will buy back from you after deducting the rental. This is to ensure that you don't run away with the book. The only problem now is determining who's responsibility is it if the PSP became faulty during the rental period.
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abubin
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Oct 9 2008, 10:05 AM
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noway this will work. Unit might get scratched and so on and it's hard to judge it. How much do you want to deduct for minor/major scratch? Define minor/major scratch. If after return, unit faulty only found out by next person renting, how? New person blame old person but old person didn't admit?
How much do you want to charge customer to pay initially? RM1000? I might as well get a my own set and sell it later? OR get secondhand set?
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nokia2003
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Oct 9 2008, 12:09 PM
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games rental sounds more realistic i reckon
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ulun64
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Oct 9 2008, 12:36 PM
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New Member
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I won't do a psp rental. I will do a buy back scheme instead. I will do it for other equipment like PDA, Notebook and see which is viable. Don't need to put a high capital to buy all new PSP, just buy some 2nd hand PSP will do. The advantage of this is customer who buy PSP from you get a higher refund back based on timeframe and unit condition. At the end it's still a rental but better deal for buyer and seller.
This post has been edited by ulun64: Oct 9 2008, 12:37 PM
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goldfries
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Oct 9 2008, 02:52 PM
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40K Club
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wrong section, moving.
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speed7791
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Oct 9 2008, 05:07 PM
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QUOTE(St0rmFury @ Oct 8 2008, 05:34 PM) Some people only buy a PSP because they only want to play a few games (I know I did) and later don't know what to do with it so they sell it. What if someone were to buy some PSPs in bulk and start renting them out? The person will rent the PSP for the same price it was bought at, and after a period of time return it to the owner who will return the money minus the rental. Any late charges will be duducted accordingly. Sounds like a good idea? Only problem is the starting capital. the idea is there. maybe just need a little fine tuning. some forumers have suggested what they would do. perhaps you could use their feedback to enhance your idea? if u r still in your early twenties or younger, its to your advantage to go for it. whether u make it or not one things for sure, you'll learn invaluable lessons
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map
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Oct 9 2008, 06:56 PM
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it's feasible, but i wouldn't rent one bcos it'll be icky, just like how computers at cyber cafes are icky >_< speaking of which, how about just renting a shop and creating a PSP cafe? well, in the US u can already start renting out designer hand bags...
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ammar
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Oct 9 2008, 07:34 PM
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just do it, nothing is impossible.
adidas+nike=both big co.
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TSSt0rmFury
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Oct 9 2008, 09:06 PM
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What does Adidas and Nike has to do with this?
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speed7791
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Oct 9 2008, 10:47 PM
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QUOTE(St0rmFury @ Oct 9 2008, 09:06 PM) What does Adidas and Nike has to do with this? slogan for nike- just do it slogan for adidas- impossible is nothing if u think u can do it, just do it. nothing is impossible
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wheimeng
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Oct 10 2008, 01:13 AM
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QUOTE(map @ Oct 9 2008, 06:56 PM) it's feasible, but i wouldn't rent one bcos it'll be icky, just like how computers at cyber cafes are icky >_< speaking of which, how about just renting a shop and creating a PSP cafe? well, in the US u can already start renting out designer hand bags...  actually europe is on a forefront runner in rental business. you can even rent a dog
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TSSt0rmFury
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Oct 10 2008, 02:11 AM
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Getting Started

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Can I rent a girlfriend over there?
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map
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Oct 10 2008, 02:26 AM
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QUOTE(St0rmFury @ Oct 10 2008, 02:11 AM) Can I rent a girlfriend over there? can. south east asia countries also offer this service.
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wheimeng
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Oct 10 2008, 08:53 AM
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hahaahhahaaha, how much are you willing to pay? ;p
im sure you can rent some students hahahah.. japan a lot what.. hk too..
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