Buckeye Brass and Winds Instrument Rental Agreement

Rental Terms:

This is a 36-month rent to own agreement. The initial payment is due at the time of the inception of the rental agreement. Subsequent payments will begin on a monthly basis after picking up the instrument from our store or after the instrument is delivered to the school.  If the remaining balance of the agreement is paid off prior to the end date, a 50% discount may be applied to the remaining balance.  Buckeye Brass and Winds guarantees the condition of the instrument at the time of rental.

Termination of Agreement:

This rental agreement may be terminated at any time by the renter or Buckeye Brass and Winds.  The renter will be responsible for continuing payments until the instrument is returned.

Instrument Exchange Policy:

Instruments may be exchanged as needed with no loss of equity.  Rental charges may vary by type of instrument.  The rental may be returned at any time within the prescribed time limit.  Upon return of the rental outfit, 50% of the equity may be applied to the purchase of an instrument outfit of the renter’s choice.  Rental monies accrued may not be applied to accessories, repairs, or other charges.

Maintenance:

Buckeye Brass and Winds will maintain the instrument as follows:

  1. Buckeye Brass and Winds will repair any damage to the instrument at no further charge provided the damaged instrument or accessories are brought to Buckeye Brass and Winds.  You will be charged if any repair work is done outside the shop, both by the shop that performed the repair as well as by Buckeye Brass and Winds for any work that does not meet our standards.
  2. Buckeye Brass and Winds reserves the right to assess repair charges for intentional or negligent damage to the instrument.  This determination is at the sole discretion of Buckeye Brass and Winds.
  3. The rental account must be paid and up to date to use the maintenance plan.

Return of Instruments:

Any returned instrument must be in acceptable condition (i.e. a condition that will allow us to re-rent or sell the instrument). The renter will be liable for the expenses related to the repair of any returned instrument that has suffered negligent or intentional damage and is in need of repair. The determination of negligent or intentional damage and the cost of subsequent repairs lies solely with Buckeye Brass and Winds. In the event that Buckeye Brass and Winds determines that the returned instrument has suffered damage to the extent that it is unable to be repaired, then the renter is liable for the cost of a replacement instrument. The repairability of an instrument lies solely with Buckeye Brass and Winds. All costs associated with repair or replacement of returned instruments will be added to the rental account at the time of the return of the instrument. The return of the rented instrument does not remove the renter of the financial liability of these costs and the renter will still be required to pay these costs. This paragraph applies to instruments returned to end a rental agreement that is in good standing and to rental agreements that are considered in arrears and/or delinquent.

Late Fees:

Should the rent remain unpaid for 30 days after the due date, a late charge of $5.00 will be assessed  in addition to the rent due.  If the account continues in arrears, a second late charge of $5.00 will be assessed at 60 days past due and the renter will be liable for the return of the rental instrument or the value thereof.

Buckeye Brass and Winds reserves the right to use any payment card enrolled in our system without notification to the renter for the purpose of collecting said charges.

At 90 days past due, a third $5.00 late fee will be added and the account will be turned over for collection for the remaining balance of the rental account plus any and all costs of collection and late fees due.  Any additional charges over and above monthly rent do not add to the renter’s equity.

Bankruptcy:

In the event of bankruptcy by the renter, the rental property remains the sole property of Buckeye Brass and Winds and must be returned immediately.  Any rental equity may still be used towards the purchase of an outfit as described above with any balance due at that time.

Lost or Stolen Items:

The rental agreement does not cover lost or stolen items.  In the event that an item is lost or stolen, the renter is liable for the remaining account balance.

Buckeye Brass and Winds reserves the right to make changes and amendments to this rental agreement.

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