Rental Program (R&B)- Outline
Rent a WaterRower for as little as $9.98 per week ($43.24 per month)
The Rental program allows you to train with a WaterRower in your own home under very reasonable conditions.
The advantages of a rental program include:
- No investment
- Basic, Premium or M1 Models are available
- Flexibility with no long-term obligation (Only a three (3) month minimum rental term)
- Each machine can be purchased after the mimimum rental period with potential for a vast discount versus current retail pricing (based on age of machine and rental period)
- The equipment is very well looked after and well maintained
- Professional support to help you achieve your training goals
- Small administration fee
The Rental Program
Rental applicants are required to fully read and understand the rental contract and general terms and conditions, and upon application complete and sign the rental contract, and return it to us by fax, mail, or email [email protected]
The rental fee is $43.24 per month ($51.92 for Premium Machines and $64.86 for the M1 HiRise). The rental fee will be deducted from your bank account automatically once per month, until either the return of the machine and conclusion of the rental agreement, or the final purchase of the rental machine (outlined below).
The start-up costs are very minimal: A deposit of $200.00, a full months rental fee and the remaining prorated month’s rental fee will be charged at the beginning of the rental period (Alaska and Hawaii will be subjected to a $500.00 deposit plus a $250.00 shipping fee). The rental period begins from date of dispatch of equipment. Once the rental equipment is returned and is determined to be in proper working condition, the deposit will be credited automatically to your bank account.
Prior to dispatch all equipment is overhauled, cleaned and, if required, fitted with new castors, straps etc, to bring it to near as new condition.
With the WaterRower rental program, you are completely flexible and not committed to any long-term contracts. The minimum rental term is only three (3) months. Once three (3) months have passed, you can return the equipment to us upon a 30 day notice and we will terminate the contract on the last day of the first full month following receipt of your termination notice.
At the end of the rental period you will be charged a $99.95 pick-up fee to be deducted from the deposit (Alaska and Hawaii will incur a $399.95 pick-up fee).
The Buy Program
If it turns out you like rowing with the WaterRower, you can continue with the inexpensive WaterRower rental program for an unlimited time.
However, if you wish to purchase your WaterRower you may receive a discount of as much as 70% or more. The exact discount will depend on how old the equipment was at the time of rental and how long you have been renting it from us.
It’s very simple. Once the minimum rental period of three (3) months has expired, you can purchase the equipment at any time. And the longer you rent the WaterRower from us, the greater the discount when you decide to purchase, as follows:
|Total Rental Period 3
Of course not every rental machine is brand new at the start of the rental period and hence machines are further discounted depending on their age, as follows;
|Age of Equipment
||Premium Model - Cherry
||Premium Model - Classic
|Brand New Price
|Less than 1 Year Old
|Brand New Price
|1 to 2 Years old
|2 to 3 Years old
|3 to 4 Years old
|4 to 5 Years old
|More than 5 Yrs Old
If you buy the WaterRower, your deposit will be applied towards the purchase price and an administration fee of $19.95 will be charged.
An example of the R&B plan:
If you rent a Basic WaterRower for 12 months and the equipment is between 2 and 3 years old when it is delivered, you can purchase it for $766.50 minus the 20% discount, plus $19.95 for the administrative fee, less your deposit which comes to a total of $433.10. That equals a saving of over 45% compared to the new equipment list price (plus shipping).