This calculator provides recommendations based on simple estimates. Please note that it doesn’t account for Lendy fees, transaction fees, personal insurance, travel costs, advertising, maintenance, servicing, refuelling/recharging, or any other additional costs. When setting a price, put yourself in your customer’s shoes. Consider these questions:

• If I were renting this item, how much would I be willing to pay?
• Will I rent this item often enough to justify buying it new or second-hand?
• Is the rental price reasonable even if the item’s value is high?
• Can I rent this item elsewhere for a lower price?
• Is the original purchase price relevant to its current market value?

Lendy encourages you to challenge your rates to ensure they are fair and competitive.