don't really agree with you on this as domain renewals is based on who the domain is registered to ( the "owner" ) and the registrar will only renew based on the "owner" 's instruction to renew it which is in this case is an individual.
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Yes, that's correct. I was just meaning to say that normally people don't bother to extend renewals when they purchase the domain name, extending for multiple years comes usually in consecutive years, from psychological point of view. At least I do same, when I get new domain, I don't usually extend them right away for multiple years but after year or two then I do multiple years.