Semi Finalist 11: BUYears
Summary of the idea:
BUYears radically changes the way we buy appliances and its commercial chain, the aim is to make profits of manufacturers dependent on durability , assuming all the future cost when selling, including service call, labour and parts for maintenance and repair during the years of contract. BUYears is a collective purchase website for consumers who want to buy the use or functionality of any kind of equipment, for 5 to 20 years, not just the product. Payment in advanced or in monthly instalment during the contract. These new market conditions will prevent all kinds of obsolescence and will promote disruptive technological improvements aligned with durability, scalability, traceability.
Optimal average duration will be reached and Recycling and reuse will be promoted, thus reducing sharply the environmental footprint of the whole life cycle. Local and fair jobs will be created for maintenance, R&D, etc. At the end of the contract consumers will decide between Activating “The second life” by donating the appliances to low income families or continuing to use it. All clients will have a “Sustainability Fans “rewards card for receiving money back if no repairs are needed, and if recycling is done.