Furnishing a house or apartment or even a dorm room can be a very costly and time consuming process. Many individuals debate whether to rent furniture or buy furniture. When renting furniture individuals often make a weekly or monthly payment to use the items however the store still owns the item. When purchasing furniture individuals pay one lump sum and then own the items themselves. Each option comes with its own pros and cons.
Below are just a few reasons why renting furniture and appliances is often better than purchasing it:
1. Cost
For many individuals now-a-days the cost of furniture is just too high. Buying furniture out right takes a great deal of money while renting furniture only requires a small deposit on a weekly or monthly basis. Being able to rent furniture allows a wider range of people to furnish their homes and apartments.
2. Temporary
Another reason why renting may be better than buying furniture is if the furniture is only for a temporary basis. This is especially true for dorm rooms in which individuals will move out at the end of each year. Instead of investing in costly furniture that may need to be moved and stored often it may be best to rent furniture so it can be returned to the store when finished.
3. Big events
Another great time when renting is better than buying is for a big event when the item is just for temporary use. This is especially true during events such as the Super Bowl when many individuals rent a larger TV or even need an appliance rental such as a grill.
4. Options
Many individuals who like changing their decor or style on a regular basis might enjoy renting rather than buying furniture. Furniture rental allows the individual to change the items on a more frequent basis. It also allows them to constantly get the newest available items.
5. Rent to own
Many companies now offer the option of renting to own. This means that the individual will pay a fee every week or every month until the furniture or appliance is paid off. Once all payments are complete the individual then keeps the item. Although this may cost a little bit more in the end this is a great option for those who do not have a large sum of money to outright purchase furniture and appliances.
Overall both renting and buying come with their own pros and cons. The key to making the right decision is based solely on the individuals situation and circumstances.
