Paul P

John
CW is not using a rental model either. That needs to be clear.     

The first 11 months look a lot like a rental to me, John.
 
Maybe we should call it an eleven month lease, with option to buy (for one payment) at the twelfth month.
 
 

Buy a mink coat for your wife but pay on time what will happen if you don't pay the last payment?  Its the same with CW. You are not renting. You are buying it but it will take all payments to be made before it is free and clear. That is very normal in the credit business.  One cool thing as far as I know is CW is not charging interest.  

John
Buy a mink coat for your wife but pay on time what will happen if you don't pay the last payment?  Its the same with CW. You are not renting. You are buying it but it will take all payments to be made before it is free and clear. That is very normal in the credit business.  One cool thing as far as I know is CW is not charging interest.  

 
I don't get your mink coat analogy.  Well I do for buying something on an instalment plan (and in that case your wife will lose the coat if you don't make the last instalment, just like Sonar).  But I was talking rental, which is something completely different.
 
And as I realized, and said, it's interesting that Cakewalk does indeed now give you the option to rent Sonar for up to 11 months.
 
CW sure is charging interest.  More that 20%.
 
 

Paul P

John
Buy a mink coat for your wife but pay on time what will happen if you don't pay the last payment?  Its the same with CW. You are not renting. You are buying it but it will take all payments to be made before it is free and clear. That is very normal in the credit business.  One cool thing as far as I know is CW is not charging interest.  

 
I don't get your mink coat analogy.  Well I do for buying something on an instalment plan (and in that case your wife will lose the coat if you don't make the last instalment, just like Sonar).  But I was talking rental, which is something completely different.
 
CW sure is changing interest.  More that 20%.
 
 

Not really about the interest. You get a discount for paying a lump sum. They don't give a discount for a payment plan. 

John
Not really about the interest. You get a discount for paying a lump sum. They don't give a discount for a payment plan. 

That's playing with words.  Payment plans are always a lump sum or payments with interest.  And Cakewalk's interest is hefty.
 

If there were interest charged they will need to abide by the law in doing that. Its not simple. I do believe they would also have to clearly state the interest charged and the annual rate. That is the law as I understand it here in the US.   

John
If there were interest charged they will need to abide by the law in doing that. Its not simple. I do believe they would also have to clearly state the interest charged and the annual rate. That is the law as I understand it here in the US.   

Well now, that is indeed a very interesting comment !  I wonder if Cakewalk thought if this, since they're promoting it as a payment plan.  I wish they wouldn't, because it's a pretty bad plan.  However, the same system is a very good rental or extended demo plan.
 

Paul P

John
CW is not using a rental model either. That needs to be clear.     

The first 11 months look a lot like a rental to me, John.
 
Maybe we should call it an eleven month lease, with option to buy (for one payment) at the twelfth month.

 
A program is the entirety of the model. In a rental program, you rent. Obviously this is not a rental program because at its conclusion, you stop "renting" and own the software. The closest you can come to a rental program is to call the monthly payment variation a "rent-to-own" program.
 
But, you also don't have to choose that option. You can buy it outright and have a permanent license from Day 1. So the "program" really comprises choices, it is not just one model.
 
You save money with quantity pricing. You can either make accounting deal with your account every month, or you can buy all 12 months at once and save money. It's like any store where you pay less if you buy things in bulk instead of singly.

 
[we're getting pretty close to double-posting here...]
 
So tell me how the program is different from renting for the first 11 months ?
 
And I think it's great that you can now rent Sonar for a few months.  You should be crying this from the tree tops.
Why aren't you ?

Paul P
 
[we're getting pretty close to double-posting here...]
 
So tell me how the program is different from renting for the first 11 months ?

And I think it's great that you can now rent Sonar for a few months.  You should be crying this from the tree tops.
Why aren't you ?

Because at no point with renting will the renter ever own anything.  That is not the case with the CW model. 

 
Well done.