Rent, sell or both

Every product in Rentiqly has a mode. It decides how the product is priced, counted and checked out.

The three modes

  1. Rent

    For things that come back. Priced by the hour, day or week, tracked as individual units, booked against the availability engine, with deposits and return checks.

    Examples: a cinema camera, a party tent, a floor sander.

  2. Sell

    For things that don't come back. A shelf price, a stock count per location, a barcode for the counter.

    Examples: ski wax, memory cards, napkins, diamond blades.

  3. Both

    For things you rent and also sell. One product, one page in your store: customers choose to rent or buy, and the same item can do both over its life.

    Examples: a mountain bike, a dog stroller, a snowboard.

Why "both" matters

With most rental software you'd create two products, one for renting and one for selling, and keep them in step by hand. In Rentiqly it is one product with two prices and one history. It is also what makes rent-to-buy possible: a customer who has rented it can buy it, with their rental fees credited toward the price.

One cart for everything

Whatever the mode, everything goes in the same cart. A customer can rent a bike and buy a helmet in one checkout and one payment. Rentals and sales keep their own tax categories, which are the same rate by default and can differ where your country requires it. Deposits apply only to rentals and aren't taxed until they're used.

Changing your mind

You can change a product's mode at any time. Switching a rental product to "both" just adds a shelf price and stock. Switching a "both" product to rent-only hides it from sale without touching its rental history.

Not sure? Choose "both" for anything a customer might want to keep after trying it. You can always leave the stock at zero until you're ready to sell.