View Full Version : How much should I rent my 3 HVX's
Philip_38
10-09-2006, 09:07 PM
I am starting a camara renting business in the Tampa, FL, area. How much would it be fair to rent my HVX's for?
David Jimerson
10-09-2006, 10:38 PM
Have you checked to see what they rent for in your area?
Erik Olson
10-09-2006, 10:42 PM
Between $450 - $550 a day with 3 cards and P2Store or FS100 is common right now in the NC. Doesn't include ancillary bits like tripod, extra monitors.
You can always use the 20:1 rental-to-capex rule if a market survey isn't yielding enough data for you.
e
Philip_38
10-10-2006, 01:03 AM
and what is "20:1 rental-to-capex " rule? Sorry for newbussiness
khmuse
10-10-2006, 01:33 AM
Rental rate would be 1/20th of the capital expenditure (cost to acquire).
Using this, if an item cost $1 then the rental would be $.05
To me this is a bit of a high ratio, but if the item is in demand and the local market will bear it, go for it.