Ann Arbor, MI (PRWEB) July 13, 2016
Local start-up Won'tBuy, Inc. announced the launch of a tool rental marketplace for smart phones that promises to save money while improving convenience of tool and equipment rentals. The smart phone app is powered by technology to easily search for high quality tools listed in your area, rent without the paperwork, and build trust through ratings and reviews.
"The $17B tool rental business is transforming, as consumers look for ways to efficiently complete projects while avoiding buying expensive tools and equipment," says Doug Peterson, president of Won'tBuy, "we are working with rental stores, contractors, and DIYers, to simplify the rental process and improve access for renters and tool owners."
The app was launched on the app store and there is no cost to download the app and search for tools. The tool owners set the daily rental costs, deposit, and availability of the tool. While the renters see photos, technical descriptions, and can reserve and pay from their phone.
"This is a first marketplace to focus on tool rentals and build the needed trust for users to be confident in both listing their own tools and in renting tools instead of buying," says Kannan Gopalakrishnan, co-founder, "we are seeing a lot of interest all the way from professionals to weekend warriors in participating in this transformation."
The company is initially focusing on southeastern Michigan and plans to expand nationally in the near future. The company website is http://www.wontbuy.com, and downloads are available here: (https://itunes.apple.com/us/app/wontbuy/id1124270910?ls=1&mt=8)
Won'tBuy is an Ann Arbor based company committed to the smarter consumption movement for tool and equipment rentals. The wontbuy marketplace enables users to rent and lend high quality tools and equipment on demand and at affordable prices. The company was founded by professionals with years of experience in retail and technology to drive the market and technology forward. Rent. Lend. Save.