APRO's Exclusive Rent-to-own Audio and Podcasts

Rent to own Audio & Podcasts: John White, VP AVB Appliances

Exclusive RTOHQ.org Audio:
John White, VP AVB Appliances
August 28, 2008

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This Rent to Own Audio Podcast brought to you by APRO's RTOHQ.org

John White is the vice president of the appliance division at AVB-Brand Source.

Though appliance sales for the industry as a whole are down nearly eight percent, White, a 20-year appliance industry veteran, notes Brand Source appliance sales are up 1.5 percent year-to-date.

Even in a down economy, White forecasts the appliance industry will continue to thrive due primarily to the fact a large portion of appliance purchases are made due to distress -- when an appliance goes out a new one must be purchased or rented.

Additionally, the replacement cycle for major appliances is contracting.

"Whereas, 15 years ago, a major appliance would last 15 or 20 years, today, its 6, 7 or 8 years tops," White said.





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RTOHQ: The Magazine
RTOHQ: The Magazine is the Association of Progressive Rental Organizations' award-winning rent-to-own industry magazine, and it's available here.

Complete issue of RTOHQ: The Magazine | August - September 2008
Download the entire August - September 2008 issue of RTOHQ: The Magazine by clicking on the link above (PDF). by APRO


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