The retail rate is the actual retail value of the item being listed. The replacement rate is the amount the renter is charged for lender reimbursement should the item be damaged beyond repair (due to gross negligence) or stolen. The lender determines this rate.
What is the difference between retail and replacement rate? Print
Created by: Abigail Wright
Modified on: Mon, Feb 18, 2019 at 7:56 PM
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