EquipMAX Pricing Explanation
1. Overview
Equipmax is a peer-to-peer equipment and goods rental marketplace designed to connect Owners and Renters in a secure, insured, and convenient way. Our pricing model ensures affordability for Renters, fair earnings for Owners, and sustainability for our platform and partners.
2. Pricing Structure
A. Service Fees & Commission
5% Service Fee (Renter-Paid)
- Applied to every rental transaction
- Covers platform maintenance, user verification, fraud prevention, customer support, and transaction processing
EQUIPMAX CATEGORY STRUCTURE & COMMISSION FRAMEWORK
1. Vehicles & Mobility
Subcategories:
- Cars (Personal or Fleet)
- Vans, Trucks & Bakkies
- Motorbikes & Scooters
- Bicycles & E-bikes
- Boats & Jet Skis
- Drones
Commission:
20% for Short period (Weekly rental - 15% Commission, Monthly rental - 10%)
Logic: High asset value, high insurance and verification needs, potential damage risks, and logistical complexity.
2. Construction, Industrial & Heavy Equipment
Subcategories:
- Earthmoving (Excavators, Bulldozers, Loaders)
- Power Tools (Drills, Grinders, Generators)
- Lifting Equipment (Cranes, Forklifts)
- Scaffolding & Ladders
- Concrete & Cutting Tools
Commission:
15% for Short period (Weekly rental - 10% Commission, Monthly rental - 5%)
Logic: Assets are high-value but rentals are usually high-ticket and multi-day. Lower commission encourages professional suppliers and contractors to list consistently.
3. Electronics & Technology
Subcategories:
- Laptops, Tablets & PCs
- Projectors & Screens
- Smartboards / Interactive Panels
- Printers & Scanners
- Network Equipment (Routers, Switches)
- Audio-Visual Equipment (Speakers, Mics, Mixers)
Commission:
18% for Short period (Weekly rental - 15% Commission, Monthly rental - 10%)
Logic: High demand from students, event organizers, SMEs. Medium risk of damage or obsolescence.
4. Cameras, Drones & Media Gear
Subcategories:
- Cameras (DSLR, Mirrorless, Cinema)
- Lenses & Accessories
- Drones
- Lighting & Grip
- Audio Recording Equipment
- Production Kits / Bundles
Commission:
18% for Short period (Weekly rental - 15% Commission, Monthly rental - 10%)
Logic: Strong demand in film, media, and creative industries. Items are fragile and valuable, requiring careful verification, hence a slightly higher fee.
5. Events & Hospitality
Subcategories:
- Marquees & Tents
- Furniture (Chairs, Tables, Lounges)
- Catering Equipment
- Stages, Lighting & Sound Systems
- Portable Toilets / Generators
Commission:
12% for Short period (Weekly rental - 8% Commission, Monthly rental - 5%)
Logic: Large-ticket bookings but frequent repeat business and volume-based rentals. Keeping commissions lower encourages loyalty from event suppliers.
6. Home & Office
Subcategories:
- Home Appliances (Fridges, Washing Machines)
- Office Furniture
- Printers & Copiers
- Home Tools (Gardening, Power Tools)
Commission:
12% for Short period (Weekly rental - 8% Commission, Monthly rental - 5%)
Logic: Lower-value items, lower risk, and high potential for repeat rentals. Encourages household-level participation.
7. Education & Training Equipment
Subcategories:
- Interactive Displays
- Projectors
- VR Headsets / AR Tools
- Lab Equipment
- Classroom IT Kits
Commission:
15% for Short period (Weekly rental - 8% Commission, Monthly rental - 5%)
Logic: Targeted toward schools, colleges, and training institutions. Medium value, often longer rental durations, and stable clients.
8. Medical & Health Equipment
Subcategories:
- Diagnostic Tools (ECG, BP Machines)
- Mobility Aids (Wheelchairs, Walkers)
- Hospital Beds
- Oxygen Concentrators
Commission:
10% for Short period (Weekly rental - 8% Commission, Monthly rental - 5%)
Logic: Low margin but high trust segment. Needs certification and compliance checks. Lower commission attracts verified healthcare providers.
9. Recreational & Lifestyle
Subcategories:
- Camping Gear
- Sports Equipment (Golf sets, Bicycles, Surfboards)
- Musical Instruments
- Gaming Consoles / VR Kits
Commission:
15% for Short period (Weekly rental - 8% Commission, Monthly rental - 5%)
Logic: High demand for casual or seasonal use. Equipment value varies; fair mid-range commission encourages casual owners to participate.
10. Fashion & Luxury
Subcategories:
- Designer Clothing
- Watches & Jewellery
- High-end Accessories
- Event Wear
Commission:
22% for Short period (Weekly rental - 18% Commission, Monthly rental - 15%)
Logic: Luxury category with high risk of damage or fraud. Higher commission supports EquipMax's authentication and insurance efforts.
11. Real Estate & Space Rentals
Subcategories:
- Co-working Desks
- Studios (Photo, Podcast)
- Warehouses / Storage Space
- Parking Bays
- Outdoor Event Spaces
Commission:
12% for Short period (Weekly rental - 8% Commission, Monthly rental - 5%)
Logic: Lower frequency but high value per booking. Encourages long-term partnerships and reliable listings.
12. Agricultural Equipment
Subcategories:
- Tractors & Implements
- Harvesters
- Irrigation Systems
- Animal Feeders / Tools
Commission:
10% for Short period (Weekly rental - 8% Commission, Monthly rental - 5%)
Logic: High capital cost items but longer rental cycles. Lower commission to attract farmers and cooperatives.
B. Partner Broker Fees
1.5% Broker Fee applied to every rental for partners (Insurers, Couriers, Payment Gateways).
This ensures seamless insurance cover, reliable delivery services, and secure transactions.
C. Insurance Costs
- Insurance is mandatory for all rentals
- Costs are borne by the Renter (not deducted from Owner payouts)
- Pricing varies by item value, risk category, and rental duration (calculated at checkout)
D. Delivery Costs
Delivery & Collection is arranged through EquipMAX courier partners.
Costs are paid by the Renter and calculated by:
- Distance (km-based pricing)
- Item size & weight category
E. Premium Listing Fees
(Optional for Owners)
Owners may promote their items for higher visibility on the marketplace.
Pricing:
- R50 per week (Basic Boost)
- R150 per week (Top Featured Listing)
3. User Wallet
- All transactions flow through the Equipmax Wallet
- Owners' earnings (minus commission) are credited instantly once a booking is secured
- Users can withdraw funds at any time to their linked bank account
4. Transparency Commitment
- No hidden costs
- All fees are displayed at checkout
- Owners see expected payouts upfront
- Renters see the full breakdown of rental, service, insurance, and delivery fees before confirming a booking