Tuesday, January 31, 2017

Gun's E-Z Own: Should I purchase the product with payments or rent the product?

One the questions we often get, "Should I purchase the product with payments or rent the product?"

This question we get most often when a client is trying to get temporary accommodations for a elderly loved one. This is a very tough question. Clients have thought it would be 6 months and ending up being two years. Then after two years it might be longer yet and decided to purchase the items rather than paying more rent on the items.

Today I will point out a couple of pros and cons for each.

If I rent the furniture.
Pro
-I save money if it a 3-6 month rental.
-It can be returned and I don't have to worry about moving the furniture. Gun's E-Z Own will do that.
- If there is a problem with the rental items, Gun's E-Z Own handles the repairs or replacement.

Cons
-If the rental goes for over 16 months I will have paid enough in rental fees that could have purchase the items.
-If I want to buy it out right after the rental period, Gun's E-Z Own CAN NOT use what rental fees I paid on the items towards the purchase. I will have to pay the original retail price. (Because of Minnesota regulations)
-I don't own the furniture


If I purchase the furniture
Pro
-Once paid for I completely own it
-Once it is paid for I can re-sell it if I don't need it any more
- I don't lose out on any money spent on the item if I purchase it.

Con
- I am responsible for repairs of the items.
- I can still return the property if the "rental" ends up being short term, but I will have paid interest on
- Now what am I going to do with it.

Even though most of our rentals are only short term, every great once in a awhile a rental goes on much longer than anticipated.

Here is a rule of thumb I hope helps. If you think that the rental may be 12-24 months, consider purchasing it under loan contract. Yes, you will be paying interest on it, but at least once the 16 month loan is paid for, you own it.

If it is for sure to be 12 months or less, rental is the way to go for a temporary solution to a temporary situation.

We are more then happy to rent to our clients for the long term. But we also want to be fair and make sure you have the the information to make an educated decision.

Thank you for reading. Have a wonderful day.


Thursday, January 5, 2017

Gun's E-Z Own: The Holidays and the Winter Clearance Sale

Merry Christmas & Happy New Year. Gun's E-Z Own hopes that you all had a safe and blessed holiday season.

I had two Christmases. One with the in-laws which is quiet and laid back. Only seven people. And we don't say much in conversation.

Then for the 2nd Christmas I went over to my dad's place to spend Christmas with my family. This is a completely opposite experience. We are loud. Very loud. Extremely loud. 16 people, ages 5 to 77 all trying to over talk each other,  kids running around, Everyone unwrapping presents and singing Christmas carols. If we are lucky we might get a game in and argue over the results. Oh, yes, we eat a huge meal sometime in there as well. And Yes, it can get quite loud. But it was enjoyable. A little red wine certainly helps.😉   With this crowd, we almost need two days for Christmas. You may have heard of the Seinfeld holiday, Festivous? Maybe we should go with a two day celebration and call it, Christgunhusmas . More wine would be needed. A lot more.

Then for New Years Eve my family of 16 did it all over again. We all try to see who can talk the loudest. I won one round and conceded the rest. We play games and watch the football games. Of course this was the evening to stay over night so partaking in some Jamison and coke was definitely on the radar.  I stayed up until midnight and crashed at 12:05. I'm such a party animal.  I survived the holidays, the bitter cold and slippery roads.

Ok, enough about my holidays. When the family reads this blog they may ask, "What do you mean we're loud?" But hey, it's an annual tradition.
Gun's E-Z Own Winter Clearance 2017

Now to business. Currently Gun's E-Z Own is having a Winter Clearance Sale. This is the biggest sale we've ever held. Even under the old ownership. We have over 100 items on sale. Prices are slashed to make this SALE, to quote some famous person, "HUGE!"

A Sofa & Love seat went from $599.99 and slashed to $299.99. A Night Stand that was $149.99 is now $69.99.  And there is so much more on SALE. I left the pricing up to my Assistant Marcia. I'm often cringing, "She priced it at WHAT?!!!"  So if you want to save some money on your purchase, you need to take advantage of these low prices now before I come to my senses and change them. Our Winter Clearance Sale ends January 31, 2017. (Ha, You thought I was going to put 2016 didn't you?)

Our Price board with Sale Prices
It is best to stop in the store at 816 Main Street, Red Wing, MN 55066 so you can see and touch the furniture. You wouldn't be the only person who does this. There are a lot of people who prefer the be able to touch the furniture then to just trust a photo.

And there are those who are okay with a photo. Look at how popular online shopping is. That is how the original E-Z Own business got started, with people ordering via a catalog. If you would like to see what we have on clearance click on the links within this blog and you will find those pictures. There is a lot there to see.

One more thing, Please Find or like us on Facebook. I do post photos of what we have in stock on Facebook as well. Maybe some funny memes or the like.

Once again thank you for reading. There is no guarantee that I won't solicit sales in my next blog, but stay tuned and find out.

Have a safe and blessed day. Until next time.