How much is that doggy? (per month!)

By | 4th March 2017

How much is that doggy (per month!)

I learned something last week – apart from cars and phones, you can apparently now lease pets as well.

This is somewhat upsetting on many levels, particularly if it is a family pet that children will be looking after.

As with cars, if you don’t keep up with payments they will repossess the animal.

I’m not sure if gap insurance is available, so if the animal was to unfortunately run away or be perhaps run over then there would be a financial amount to pay on top of the emotional loss.

With cars you have a reasonable wear and tear clause at the end of the lease – would there be a ‘excess mileage’ charge if Fido had been taken on many runs with the person leasing him rather than a normal amount of walks?

If finance continues to develop along these lines for living things rather than items where will it end?

I do hope it doesn’t head towards the situation raised in the 2010 sci-fi film Repo Men.

In the movie, set in the future, replacement human organs are purchased on finance and if you don’t keep up with the payments they are repossessed… with likely terminal consequences for the person who was using the organs.

James McBrearty started his own business from scratch in 2006, to help the self-employed.

He helps people to escape from the corporate world and shares his thoughts here on the changing world of work, technology and personal finances; as well as the occasional travel post.

Over the next 10 years things are going to change significantly. James is a follower of frugality and minimalism; and an advocate of F.I.R.E. to minimise the coming disruption.

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