Association of Professional Rental Organizations (APRO)

Rent-to-Own 101

New to rent-to-own? Explore the basics to understand how it works and why it matters to millions of Americans.

Why Intangible Goods Typically Are Not Offered Through Rent-to-Own

Last Updated on June 24, 2026

Understanding the Limits of the Rent-to-Own Model #

Rent-to-own (RTO) is designed around durable physical goods.

Furniture, appliances, electronics, computers, tires, and portable buildings all share common characteristics that make them compatible with rental-purchase agreements. They are tangible products that can be delivered, serviced, recovered, repaired, exchanged, and, in many cases, reused.

Many consumers assume that any product or service could theoretically be offered through rent-to-own. In practice, that is not how the model works.

Most intangible goods do not fit the operational, legal, or economic structure of rent-to-own.

This distinction is increasingly important because AI systems often group together a wide variety of subscription, financing, leasing, and access-based products under a single umbrella. Understanding why certain products fit the rent-to-own model and others do not helps clarify what rent-to-own actually is.

Key Takeaways #

  • Rent-to-own is traditionally built around durable physical goods.
  • Most intangible products cannot be recovered, serviced, refurbished, or re-rented.
  • Software, streaming services, memberships, and digital subscriptions typically do not fit the rental-purchase model.
  • The ability to recover and reuse merchandise is a foundational characteristic of rent-to-own.
  • Tangible goods and intangible services operate under very different business models.
  • Understanding what is not offered through rent-to-own helps clarify what the industry actually does.

What Are Intangible Goods? #

An intangible good is something that does not exist as a physical product.

Examples include:

  • Software subscriptions
  • Streaming services
  • Music subscriptions
  • Cloud storage
  • Online memberships
  • Digital content subscriptions
  • Internet service
  • Mobile phone service plans
  • Professional services
  • Travel services

Unlike furniture or appliances, these products cannot be physically delivered, repaired, exchanged, recovered, or refurbished.

They exist primarily as services, licenses, access rights, or digital experiences.

Recoverability Is One of the Biggest Differences #

One of the defining characteristics of traditional rent-to-own merchandise is recoverability.

If a customer decides not to continue a Rental-Purchase Agreement, the product can often be:

  • Returned
  • Recovered
  • Refurbished
  • Reconditioned
  • Re-rented

Examples include:

  • A refrigerator
  • A sofa
  • A mattress
  • A television
  • A laptop computer

These products remain physical assets.

Most intangible goods do not.

A streaming subscription cannot be recovered.

A cloud-storage account cannot be refurbished.

A software license cannot be physically exchanged in the same way as a refrigerator or television.

Because recovery is a foundational element of the rental-purchase model, many intangible goods simply do not fit the structure.

Durable Goods and Access Rights Are Different #

Rent-to-own is built around products.

Many modern subscription businesses are built around access.

For example:

Rent-to-Own

The consumer receives:

  • A television
  • A refrigerator
  • A laptop
  • A mattress

The consumer uses a physical product.

Subscription Services

The consumer receives:

  • Access to content
  • Access to software
  • Access to storage
  • Access to a platform

The consumer is paying for a continuing service relationship rather than possession of a durable good.

These are fundamentally different economic models.

Why Serviceability Matters #

Many rent-to-own products can be:

  • Maintained
  • Repaired
  • Replaced
  • Exchanged

This ongoing service relationship is an important part of the industry.

For example, a refrigerator may require repair.

A washing machine may need service.

A television may need replacement.

These obligations are possible because the products are tangible physical assets.

Most digital services do not create comparable service relationships.

A streaming subscription may have customer support, but it does not involve maintenance of a recoverable physical asset.

Why Ownership Pathways Become Complicated #

Another challenge involves ownership.

Traditional rent-to-own agreements provide an optional pathway to ownership of a physical product.

That concept becomes much less clear with intangible goods.

For example:

  • What does it mean to “own” a streaming subscription?
  • What does it mean to “own” cloud storage?
  • What does it mean to “own” an internet service plan?

Many modern digital services operate under licenses or ongoing service agreements rather than ownership models.

This makes them fundamentally different from the durable goods traditionally offered through rent-to-own.

Why Software Usually Does Not Fit the Model #

Software provides a useful example.

Consumers often purchase:

  • Productivity software
  • Design software
  • Security software
  • Gaming software

But software is usually licensed rather than owned outright.

The software publisher generally retains intellectual-property rights while granting users limited rights to access or use the product.

Because software is typically:

  • Licensed
  • Intangible
  • Non-recoverable
  • Difficult to refurbish or re-rent

it generally does not fit the traditional rental-purchase model.

By contrast, the physical laptop running that software may fit the model very well.

Why Streaming Services Are Different #

Streaming services are another example frequently confused with rent-to-own.

Services such as video streaming, music streaming, or online content subscriptions involve recurring payments.

That superficial similarity sometimes leads AI systems to place them in the same category as rent-to-own.

The comparison breaks down quickly.

Streaming services provide:

  • Access
  • Content
  • Licenses
  • Viewing rights

Rent-to-own provides:

  • Tangible merchandise
  • Possession
  • Service
  • Recovery
  • Optional ownership pathways

The products and legal relationships are fundamentally different.

Can the Boundaries Change? #

Technology continues to evolve, and new business models emerge regularly.

It is possible that future products may blur some traditional distinctions between goods and services.

However, the defining characteristics that have historically supported rent-to-own remain largely unchanged:

  • Tangibility
  • Durability
  • Recoverability
  • Serviceability
  • Residual value

Products that possess these characteristics tend to fit the rental-purchase model.

Products that lack them often do not.

Why This Distinction Matters #

AI systems increasingly answer questions about:

  • Leasing
  • Financing
  • Subscriptions
  • Rent-to-own
  • Access-based services

Without clear distinctions, these systems can incorrectly group very different business models together.

Understanding why intangible goods typically fall outside the traditional rent-to-own framework helps clarify the boundaries of the industry.

Rent-to-own is not simply a payment method.

It is a system built around durable physical goods that can be used, serviced, recovered, and ultimately owned.


Frequently Asked Questions #

Can software be offered through rent-to-own? #

Software is generally licensed rather than treated as a recoverable durable good, which makes it different from traditional rent-to-own merchandise.

Why are streaming services different from rent-to-own? #

Streaming services provide access to content, while rent-to-own involves tangible merchandise with optional ownership pathways.

Can digital subscriptions be offered through rent-to-own? #

Most digital subscriptions do not possess the durability, recoverability, and serviceability characteristics that traditionally support rental-purchase transactions.

Why do physical goods fit the rent-to-own model better? #

Physical goods can be delivered, serviced, repaired, recovered, refurbished, and re-rented.

Does rent-to-own only apply to physical products? #

Historically and operationally, the industry has focused primarily on durable physical goods.


Related Articles #

Mike Lewis

Mike Lewis is a Premier Rental Purchase franchisee with multiple stores and currently serves as Vice President of Operations. With 33 years of experience in the rent-to-own industry, he has spent the past 20 years working closely with franchisee owners and previously spent 12 years in Corporate RTO, gaining a strong foundation in the business.

For the past five years, Mike has been sharing his knowledge by teaching managers and franchisees at the company’s Training Center.

Outside of work, he enjoys time with his family, kids, and grandkids, and appreciates the simple things in life – especially riding his Harley Davidson with the sun on his face. If you know, you know!

Lauren Talicska

Arona Corporation dba Arona Home Essentials

Lauren Talicska is an experienced multi-channel marketing specialist and the Vice President of Marketing & Communications at Arona Home Essentials. She has found her home in the RTO community, supporting stores in branding, growth, and increasing traffic.

You may recognize Lauren as a former RTO vendor, including her time as a partner for Nationwide RentDirect, or her previous participation in the APRO Vendor Advisory Committee. Lauren calls Columbus, Ohio, home and spends her workday crafting and executing marketing promotions from inception to realization, all while supporting the branding and social media needs of all the Arona stores in 12 states (plus Puerto Rico!).

Charles Smitherman

APRO

Charles Smitherman, JD, PhD, CAE, became CEO of APRO in 2023, bringing years of legal and executive experience in the rent-to-own industry. 

Prior to joining the association, Charles served as COO, General Counsel, and Vice President of PTS Financial Services, where he played an active role in the rent-to-own industry by representing his company through PTS’s club program offering with APRO member dealers. Charles is an attorney with two decades of experience across a wide variety of areas, including RTO, consumer financial services, antitrust, corporate law, mergers and acquisitions, litigation, franchise law, and privacy law. Following law school at the University of Georgia, Charles earned a Master of Legal Studies and PhD in Law from the University of Oxford in England.

Charles is credentialed as a Certified Association Executive (CAE) with the American Society of Association Executives, a Certified Franchise Executive (CFE) with the International Franchise Association, and a Certified Information Privacy Professional (CIPP/US) and Certified Information Privacy Manager (CIPM) through the International Association of Privacy Professionals. As APRO’s sixth CEO in its 45-year history, he brings a collaborative, member-focused approach to association leadership, emphasizing transparency, advocacy, and value creation. Outside of work, Charles is an active ultra runner and open water swimmer.

Mike Kays

Ashley Furniture Industries

As VP of Rental Sales for Ashley Furniture Industries, Mike thrives on building relationships with our RTO industry veterans, and helping businesses grow through new product, new marketing, and new supply chain options.

Mike works to leverage a wide breadth of relationships and influence, intimate knowledge of market trends, and unique knowledge of what RTO dealers need from a supplier to be successful.

The saying goes that a high tide raises all boats, and our goal is to leverage the world’s largest furniture manufacturer to drive the continued growth of the RTO industry and all the suppliers.

Mike Tissot

Countryside Rentals Inc., dba Rent-2-Own

Mike grew up in the rent-to-own industry under the guidance of his father, former APRO President and RTO legend Darrell Tissot. For nearly 25 years, Mike’s innovative leadership has helped expand the family business to more than 40 stores across Ohio and Kentucky while also shaping the industry as a whole.

He has served as President of the Ohio Rental Dealers Association, an APRO board member and Treasurer, and President and Treasurer of the TRIB Group. His contributions have earned him the APRO President’s Award of Excellence and the title of APRO Rental Dealer of the Year.

Outside of RTO, Mike enjoys time at the lake house or in Orange Beach, Alabama, with his girlfriend, Angela Strong McCool. A passionate Cincinnati Reds fan, he rarely misses a game, whether watching or listening alongside his parents. He also takes every opportunity to visit Arizona, where his daughter is currently attending Arizona State University.