How to set Rental Price?
How to set Rental Price?
It’s the general question for lenders How much can they earn?
It all depends on you. suitonrent.com offer you the freedom to set the rental price for your suit. If your suit price is Rs.15000 and you set its rental price to Rs.10,000, it does not seem to be a fair rental price. It will also be hard for your suit to go on rent every time.
Our suggestion for the rental price!
Here is our suggestion to set your suit rental price
Set your suit rental price 15%-20% from the gross price (The actual price on which you buy the suit)
This means if you bought a suit for Rs.15,000, we suggest its rental price somewhere between 15%-20%, which will be Rs 2250-Rs,3000. Don’t worry about the calculation. We will show you our provided calculation.