New York City - Rental Contract
For students in New York City and vicinity, instruments will be shipped to the student’s home.
Rental Terms & Instrument Return Policy
1. The violin/viola/cello/bass outfit you are renting is the sole property of Amadeus Strings. You may not sell it or move it to another state.
2. You must notify Amadeus Strings if your address, phone number or credit card information changes.
3. The rental term and start date of your rental are noted on your signed rental contract. At the end of the term, the instrument and all included accessories (i.e. shoulder pads, and cello end pin anchors) must be returned to Amadeus Strings. Renter is responsible for all rental payments until the instrument is returned to our business location. If the instrument is not returned, the contract will be automatically extended for the term of the contract.
4. You may terminate this contract at any time for a nominal fee of $20 if returned before June 30 within your first year of rental. No fee will be charged if renting for more than one year. Renter also agrees to pay any shipping & handling charges related to returning the instrument.
5. Customers with a 12-month contract term who return their instrument early will be charged for the difference of the 10-month rental rate before a refund is issued.
Rental Payments
1. All rental customers must provide a valid credit card, which must be kept up to date at all times while rental contract is active. The rental fee will be charged to your credit card before receipt of the instrument.
2. Rental fees will be automatically charged every three (3) months during the rental term. Amadeus Strings will mail an invoice reminding you that your credit card on file will be charged for the upcoming quarter rental fee.
3. A late fee of $35 per month will be charged on rental payments that are over 15 days overdue.
4. A bounced check fee of $35 will be charged when a check payment is returned due to non-sufficient funds.
5. A credit card declined fee of $35 will be charged when a credit card is declined for payment.
6. Collection procedures will begin if an account is 90 or more days overdue. Renter is responsible for any necessary collection agency fees along with the value of the instrument. Once collection procedures have begun, Amadeus Strings may also repossess the instrument. Repossession terminates this agreement but does not relieve a parent or guardian of back rental charges.
7. Amadeus Strings has the right to refuse to lease/rent an instrument based on the results of credit investigation.
Insurance & Repairs
1. The instrument is insured by Amadeus Strings, protecting you in case of damage or theft (Police report required). All repairs and adjustments to the instrument or bow must be completed by Amadeus Strings. While the instrument is being repaired, a loaner will be supplied free of charge.
2. Broken strings are not covered by insurance and are the responsibility of the renter.
3. If your instrument is stolen, a police report must be presented to Amadeus Strings within one week of the theft, otherwise the renter assumes responsibility for the full replacement cost of the instrument*.
4. Insurance is not valid outside of the U.S. or if the renter’s account is overdue; if account is overdue, renter will be responsible for all damage, loss, or repair costs to the instrument.
*Full replacement costs of rental outfits are as follows: Violin outfit (1/10-3/4 size) $650; Violin outfit (4/4 size) $690; Viola outfit (10”-13”) $700; Viola outfit (14”-15”) $800; Viola outfit (15.5”-16”) $990; Cello outfit (1/8-3/4 size) $1550; Cello outfit (4/4 size) $1800; Bass outfit (1/8-3/4 size) $2200.
Equity Program
Our equity program allows renter to apply a percentage of their rental fees towards a purchase of a violin/viola/cello/bass or outfit. Rental credit accrues at 100% of the first year’s rental fee (excluding insurance and tax), plus 40% of the second year, plus 20% of each additional year. 100% value of rental credit may be applied towards the purchase price of any violin/viola/cello/bass or outfit if equity does not exceed 50% of retail price. Accrued equity will expire 6 months after closing your rental account.
Referral Rewards Program
You and your friend will receive $20 off your final rental bill! They must sign up and rent for at least a 10-month rental contract. Be sure your friends give us YOUR NAME when they visit or call us to ensure your discount. Refer as many friends as you want and receive a discount for each one. New renter (not an immediate family member) must provide your name at the time of contract signing in order for discount to be applied. Discount will be applied to fourth quarter billing.