Rent to own furniture is a much-maligned tactic that a lot of people don’t think makes a lot of financial sense. But, the truth is, when done right, choosing rent to own furniture is a very sensible financial investment that won’t cost you a whole lot of money upfront. Essentially, rent-to-own furniture usually has a period of 12 months before you take ownership of it.
Read on more below to find out about the many benefits of rent to own furniture deals.
Renting to own allows you to pay a relatively small amount up front to get the furniture you want while also not having to worry about setup and delivery.
This means that you can enjoy ordering the furniture from the comforts of your own home.
Whether you just don’t have the money up front right now, or you’re looking to cut back on some of your expenses or you really need the furniture, renting to own gives you a lot of options financially, making it quite the cost-effective decision.
As an added bonus, you can upgrade or downgrade your furniture anytime you want. Of course, this depends on whom you’re renting from. But, most of the time, returning or cancelling rented items is never really that hard, so long as you honour the terms in the contract.
When buying furniture, you have to factor in maintenance. This can take away a lot of the excitement that comes with buying something new. But, when you choose to rent, you don’t have to worry about maintenance at all.
Unless you’ve finished paying off the item and own the furniture already, you can almost always return the furniture as it is. The responsibility of maintenance and repairs lies in the hands of the furniture rental company.
4. Return Anytime
As mentioned already, you can almost always return the furniture anytime you want. The added fact that you have the option to buy the furniture outright after the lease has ended is a huge bonus, especially since it most likely will only come at a small premium.
It doesn’t matter if you’re renting only for weeks or months or even years. This is because the amount of time you can rent the furniture is flexible, and since you can return them at anytime, there’s less pressure to have to choose the “right” furniture right there and then.
Furniture rental may not be the be-all and end-all of all furniture needs, but it is an excellent alternative for everybody. If you’re a student or single parent who’s a bit short on cash right now but have a steady flow of coming in, or a young couple who’ve just moved out, renting furniture allows you to decorate your living space as you please without necessarily having to make a lot of compromises.
Simply put, rent to own furniture gives you a cost-effective, flexible, and hassle-free option that allows you to enjoy high-quality furniture at a good price.