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Rent Your Furniture
Posted By Jim On 01/30/2012 @ 7:15 am In Devil's Advocate | 5 Comments
Here’s a topic you don’t see being covered every day – renting furniture. Renting furniture is often regarded as a bad idea, and for most situations I have to agree, it’s not a good idea. There are, however, some instances where renting isn’t as bad as you think.
The biggest strike against renting furniture is that it’s expensive. After doing some quick research online at Cort (it gave me the DC rates), you can rent a nice queen bedroom set for under $200 a month. A comparable bedroom set from a department store would be around $2,000. So you’re paying a significant premium when it comes to renting furniture. I don’t think anyone would dispute that the biggest strike against renting furniture is cost.
So why would I advocate renting furniture? Sometimes the situation requires it.
If you aren’t going to be living long term in an area, renting furniture can reduce a lot of the hassle. Furniture rental stores will return you furniture for as little as 3 months (most quotes are for a 6 month rental). At three months, it’s a lot easier to rent a queen bedroom set for $600. You don’t want to buy a $2,000 set and try to sell it in 3-6 months because you probably won’t get $1,400 for it.
When you rent furniture, the rental company will deliver and pick up the furniture. If you’ve ever moved, the biggest pains (besides a million boxes of kitchen goods) in a move involve the furniture. It’s big, it’s bulky, you’re always afraid you’ll mash it up against a wall and damage it. When you rent, you take that headache out (for a price!) but sometimes it’s nice to avoid some of the headache especially if you’re crunched for time and have a lot of things to take care of.
Finally, sometimes you just need one or two more items to satisfy your furniture needs and you don’t want to pay out the up front cost to get the items. Renting can solve your problems by getting you a few items, at a monthly rate, that you can return once you’re done with them. Perhaps you use this strategy to get the couches or the bed frames, spending the money on smaller, cheaper, items that are easier to move or store if you need to (like end tables and coffee tables).
Remember, it doesn’t have to be an all or nothing proposition. You can always buy some items and rent other items as you see fit.
What are your thoughts on renting furniture?
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