Hardware Lay-Buy Option - Not for Profit

Just a thought and would like some input be it positive or negative.

Wouldn’t it be a great idea to give some of the guys a lay-buy option for buying hardware? Either for clients, new sites or upgrading of exisitng sites.

My thoughts:

1: Get a hand ful of guys to buy some new Hardware, LHG5 and upwards, perhaps start off with a Tri-Pack or two
2: Work out a monthy payment plan
3: Keep tabs of the payments on the forum/wiki, goods to be released once item is fully paid for
4: Circumstances change so we can be a tad more lenient than the shops are, so no loss of money
5: NO profit to be made

4 Likes

If they take 5 months to pay you off they loose 5 months on warranty.

Personally making a small profit wont be an issue, will cover some of the effort you had to put in.

I think in the long run wuggers should save for what they want.

1 Like

Are you meaning buy equipment up front, the guys get the equipment and pay it off?
That’s not lay-bye, this is. But I like your thinking.

The current project/finance system is basically a lay-bye system:

  1. A project is started (most likely 100% user funded)

  2. Users add funds until total is reached (paid into CTWUG account), also no profits made.

  3. CTWUG orders and pays for item.

  4. Project closed

No need to reinvent the wheel, the current system just needs to be used. The projects are for everyone and this creates transparency of what is happening.

@Committee, your view on this?

2 Likes

This is how it should be, just imagine 20 people start saving for lhg and use the project system to save for the kit. @Stiaanm is gonna be super busy.

Would be very nice if it will work like the theory suggests…

Personally, I have only one reservation on this: Let’s say we have an agreed term of 6 months to pay the equipment. What would comms have to do to recover funds from someone that just stops paying after two months? If it actually goes that far, what would our costs be to recover the lost funds?

Unfortunately we would also have some members that would actually do this, and looking at legal fees at the moment, we may actually incur major losses with every one “sale” that goes this route…

I am not suggesting they get the equipment up front, I am suggesting using the current Projects/Finance page and process.

CTWUG is not a registered credit provider, so not suggesting doing loans!

1 Like

Double-edged sword: All costing is R/$ based, so when the Rand strengthens, CTWUG will lose (supplier costing will drop), and vice versa

I am suggesting a privately run ‘lay-buy’ option for Wuggers and to use Wiki for record keeping purposes.

What is lost by exchange rate is gained by sites getting upgraded to dual polarity kit, new sites going up or clients getting connected.

Sorry, I misunderstood your plan.
I ass-u-me d you meant CTWUG option. My bad … erase comments and start again :stuck_out_tongue: