5 Items to Rent Rather Than Buy

by Miranda Marquit · 4 comments

When you have a temporary job to do, it sometimes makes more sense to rent an item rather than to buy it outright. When we put up our fence, we had need of a saw. However, we knew that we wouldn’t use the saw much beyond that one project, so we decided to rent it from someone else. Sometimes, you are better off renting, since you can get items for less – and you aren’t cluttering your home with items you won’t use again. Here are 5 items you might be better off renting, rather than buying.

1. Certain Tools

While it’s certainly handy to have a hammer and screwdriver readily available, and maybe a drill, it doesn’t make sense to buy a lot of different types of tools. It’s possible to rent chainsaws, and other types of saws, as well as other tools. Home improvement stores like the Home Depot are well known for offering tool rentals.

2. Furniture

When my in-laws came to visit us, we knew that their sleep requirements meant a bed. However, we weren’t in a position to buy a guest bed at the time. We decided to see if we could rent a bed. Turns out that the local rent to own place had a great deal. We could rent a never-been-slept-on bed for two weeks, for much, much less than buying a new bed. It’s also possible to rent couches, tables, and even TVs if you are hosting an event.

3. Truck

If you have to move, even if it’s only across town, it can be worth it to rent a truck. You don’t need to buy a truck for hauling, either. You know that you can go to U-Haul or a similar truck rental company and get what you need, but there are also other places to rent trucks. Home Depot features pickup truck rentals – perfect for making a haul to the dump, or moving something big. Indeed, the truck rental for moving furniture might actually cost less than a furniture store delivery fee.

4. Textbooks

My cousin, instead of buying textbooks each semester, rents them. While it’s worth it to buy textbooks in the area of study you plan to pursue, it often doesn’t make sense to buy textbooks for generals. They are costly, and you only use them once. Instead, look for ways to rent textbook. Half.com, Chegg.com, and CampusBookRentals.com all offer you the option to rent. You can also use Amazon to get low cost textbooks and return them for credit.

5. Bikes

Rather than buy an expensive bike that you only use once or twice a year (and that takes up space in the garage and requires maintenance), you can rent bikes. This is a great way to enjoy occasional biking, without having to buy the bike. You can find bike shops all over the country that offer rentals. Many countries also offer bike rentals. You can rent them at one station, and ride them to another, to return them. It’s a great way to get around in new city, and it usually doesn’t cost much.

If you want to save money on things you don’t need very often, you might be surprised at how effective renting can be.

Bonus Tip:

You can seriously cut your Internet and TV costs. Find a Verizon FiOS promotion code here and you might be able to spend less every month.

{ 4 comments… read them below or add one }

Ee Teck Ee August 10, 2012 at 7:52 pm

Is there a “rent a friend” service? I know that if there is, it will be in high demand.

TheOnlyRat February 10, 2013 at 8:49 am

In reference to Ee Teck Ee’s question, Yes, it would be in very high demand.

Maybe you just gave me a terrific Business Idea.

No “Real” Inventory, except a phone, maybe Internet, basic office supplies, and usual customary expenses. And Voila, your in business, and just think you can Legally deduct all your meals where you go meet “Potential Candidates” that want to meet a “Friend.”

Thanks again for the Fantastic Business Idea. I already had another one, which my sister mentioned years ago. (Although, I will not give it away, there are many moms, friends, and others, who already use the concept and idea, but make no money from it.

Thanks again and good luck in finding your friend to rent.

TheOnlyRat

Nicholas Byrd February 25, 2013 at 2:26 pm

Renting a friend is more commonly known as “hiring an escort”. It’s legality, if you care about such things, depends on where you live.

selena February 27, 2013 at 6:02 pm

@theonlyrat
there are people who have seriously tried to start a rent-a-friend business (surprise: you were not the only one out of the approx 500 million people who saw that movie and thought ‘hey, maybe *i* should try that’).
the fact that none of those businesses has become a big enough success for you to have heard about them should clue you in on their profitability

Leave a Comment

Previous post:

Next post: