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>Rent2Buy : to Offer Consumers Immediate Access to Essential and Luxury Items in a Variety of Industries

>NEW YORK, March 29 /PRNewswire/ — Rent2Buy.com
(formerly Automoti Group) announced today the April 2nd beta launch of its
“rent-to-buy” interactive marketplace, serving as a single destination for
consumers looking to forgo borrowing money for major essential and/or luxury purchases and instead apply the rental of those items as a down payment towards their future purchase.

The site was developed by Moti Kahana following the sale of his previous
Automoti assets to Hertz , one of the best-known names in the rental space. Offering a preview of the
multifaceted Rent2Buy marketplace, Hertz Rent2Buy marries the Company’s
first-rate fleet of cars and fantastic customer service with unmatched
technology in order to make executing and managing rent-to-buy transactions
seamless.

Following next month’s launch, Rent2Buy.com will enable individuals to “try
before they buy” big ticket purchases ranging from real estate and boats to
designer fashions and jewelry. The site will essentially serve as an
aggregator to bringing an eclectic mix of brands offering the rent-to-buy
option to a one-stop shop for consumers.

Already popular among furniture and appliance sales, the rent-to-buy concept
is especially appealing in today’s economically trying times, providing
consumers with the products they need without the financial strain caused by
an immediate or credited purchase.

“We are thrilled to introduce this concept to the online retail marketplace
allowing consumers to ‘test drive’ virtually anything in the marketplace
today,” says CEO of Rent2Buy.com, Moti Kahana. “We saw tremendous success
when Hertz applied our business model to the car rental space and we look
forward to leveraging that to other industries which showcase a demand for
the rent-to-buy option.”

Included among the various non-automotive categories to initially be offered
are furniture, jewelry, real estate, and others.

Founded in 2007, Rent2Buy.com (formerly Automoti Group) raises the bar for
what a rent-to-buy marketplace should be. Utilizing its proprietary backend
technology and virtual marketplace, the company enables retailers a hassle
free means of creating additional revenue streams through the rent-to-own
business model.

SOURCE Rent2Buy.com

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