Rent-to-own News

Rent-to-own News - Parents can rent toys at new Website

December 5, 2011

When you are a kid on Christmas morning, it’s all about volume. But when you are a parent, cruising the aisles of the toy-store in December, it’s about trying to balance a happy holiday with a reasonable budget.


Paul Reinsmith of Boston has found a great way to have plenty of toys under the tree, and all year, without breaking the bank.
Paul and his wife Pam discovered what they call the ‘Netflix’ of toys.


It’s called Toygaroo, a website that lets parents rent toys for a fraction of what they would cost to buy.


“It’s the ideal situation for the holiday time,” Paul said. “You can stuff toys under the tree for under 50 bucks. If you were out there buying them, there’s just no way you could do that.”


Paul and Pam choose the toys that are best suited for their son Will and just like Netflix, they go into a queue. Depending on the service plan, every month or every other month, a box comes in the mail with a new set of toys from the queue. When the time is up, send the toys back and a new box will be on its way.


Here’s an idea of what you get and how much it costs.

The cheapest option is $24.99/month for a box of four toys.


We chose The Toy Story 3 Speedway, The Thomas the Tank Engine laptop, Chicco’s radio controlled ATV and the Rolling Round Jungle.


The retail value of those toys is $112.96.


If there is something your child just can’t bear to send back, or if something gets lost or broken, you can purchase the toy at a discounted price.


One mom we talked with liked the concept, but wasn’t thrilled about the idea of her kids playing with toys that had already been around the block with who knows how many other kids. Toygaroo says all the toys are carefully sanitized and re-sealed in plastic before they are shipped to a new home. Paul says all the toys they’ve seen have been like new.


“We haven’t found any ick factor at all,” he said.

 

We spoke with several moms in Belmont Center who loved the environmental aspect of the service. No more throwing unused or unwanted toys in the trash.


For the Reinsmiths, it’s a great way to keep their active toddler busy and happy.

 

Toygaroo offers a wide variety of toys, but most are geared toward the toddler and early elementary crowd. There’s no real sophisticated electronics or toys designed for older kids.
 

About APRO
The Association of Progressive Rental Organizations is the official voice of the rent-to-own industry and the most accurate and trustworthy source of rent-to-own news in the industry. Founded in 1980, APRO is the national, nonprofit trade association advocating and representing the rent-to-own industry before the U.S. Congress, state legislatures, courts, media and the public.

For more information, visit www.rtohq.org.




2012 APRO Convention and Trade Show

July 24-26, Memphis, TN

Attendee Information

Exhibitor Information

Thank you APRO 2012 Sponsors

Get Social with RTOHQ.org!
Watch RTOHQ Rent to Own videos on YouTube!
Follow RTOHQ on Twitter!
Join RTOHQ on Facebook!
Share RTOHQ and bookmark your favorites
Featured APRO Photo:
From the APRO 2011 Convention Golf Classic July 11 Album
APRO 2011 Convention Golf Tournament July 11

View All RTO Photos
in the RTOHQ.org gallery
RTOHQ: The Magazine
RTOHQ: The Magazine is the Association of Progressive Rental Organizations' award-winning rent-to-own industry magazine, and it's available here.

CLICK HERE FOR OUR DIGITAL RTOHQ: THE MAGAZINE

 

RTOHQ: The Magazine’s upgraded digital format

APRO's new, mobile-ready magazine is now available in addition to our print edition. The digital format provides the same informative content as our printed magazine, but also offers tools to make the reading experience more enriching. Access the table of contents page with one click or tap. Get additional information from advertisers by clicking on the links in their ads. The interface is easy to navigate and requires no special app—read our magazine on your computer, digital table or smartphone. Click here to access the digital version of RTOHQ: The Magazine March-April 2012.

 

 

A New Rent-to-Own Experience

by Neil Ferguson

Here’s the lowdown on APRO’s 2012 Convention and Trade Show, July 24-26 in Memphis. The RTO industry’s big event will offer many valuable experiences, including insights on how to turn your stores into “experiences”–the good kind for consumers

 

Who Is Your Competition?

by Bill Keese

In order to expand your customer base, you can learn a lot by observing your competitors. But first, you need to figure out just who they are. If you think your only competition is the rent-to-own store down the street, you’re not considering the bigger picture. APRO’s executive director offers a big-picture perspective.

 

A Review of Online Customer Complaints

by Ed Winn III

While rent-to-own companies have not cornered the market on negative reviews posted on consumer complaint websites, it’s no surprise that there are cyberspace beefs against RTO. APRO’s general counsel reviews some of them in search of a pattern and he considers appropriate response to online complaints.

 

Rent-to-Own Families, Part VIII

by Kristen Card

Our series of family-run rent-to-own businesses continues with profiles of the Homeiers in Kansas and two Texas-based sets of kindred colleagues, the Spangles and the Weisblatts.

 

 

Future issues of APRO's magazine will be available in this same new format. Click here to access past issues that are not yet archived in the new interface.

 

Association of Progressive Rental Organizations
1504 Robin Hood Trail
Austin, Texas 78703
800/204-2776, ext. 103
Fax 512/794-0097