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Amazon quietly introduces Kindle rentals for US readers, bases prices on duration (updated)

Think you can finish a 168-page novel in a month? It might pay to opt for Amazon's new Kindle rental feature, now available on an incredibly limited number of titles. A few options published by Princeton University Press appear to represent the site's introductory offering. The 5 Elements of Effective Thinking isn't exactly a bestseller -- we weren't able to locate any eligible books from that list -- but it's a popular enough title, with a current rank of 1,432 (if the rental option takes off, that position's likely to change). You can buy it outright for $9.99, or you can instead opt for a 30-day rental. Prices there start at $5.50, increasing by pennies each day until you reach the buy price (in this case, that'll happen at the end of June).

This new rental option certainly seems appealing, unless you're the type who slowly makes your way through a text over the course of a year. The feature appears to be open to any US-based Kindle owners, though you'll need to do quite a bit of digging before you locate any titles with the rental option affixed. In fact, if you wouldn't mind, do us a favor and share your findings in the comments section after the break -- we have quite a few bookworms on staff who wouldn't mind saving a buck or two.

Update: It's likely that the book rentals currently available have been internally categorized as textbooks, which is prompting such an offer to appear. We've reached out to Amazon and are awaiting confirmation.