Why do people and businesses turn to appliance rental stores for major appliances? The most obvious reasons are the advantage of keeping cash in hand for other purchases, or avoiding the hassle of financing a major purchase.
Most major appliances and even furniture can be found in a rental store. Televisions and home theater equipment are the most sought after items for home rentals. You will also find kitchen and laundry major appliances, such as refrigerators/freezers, dishwashers, washing machines and dryers. Computer equipment is also popular, not just for home users but also businesses who will find tax advantages in renting.
At the end of a rental term, you will usually be made an offer to purchase your equipment. You can choose to continue renting, buy out the item, or choose a new appliance and a new contract. Sometimes the offer to buy the item can be for as little as one dollar.
Rental stores will generally not send you through hoops the way a finance company would. As long as you can demonstrate you have a regular income you should be able to rent the appliances or furniture you need without difficulty. You can walk into the store and in most cases will be able to take home your item the same day.
Another advantage is that for major appliances, the store will usually deliver, install and setup your equipment for no extra charge. If something goes wrong, you don’t pay for the cost of the repairs, the store takes care of that as well.
Before making a major purchase, consider your options. Shop around and find out if the item you want can be rented. You might be able to take home your new computer or home theater system today for just the cost of the first month’s rent, and not have to deal with a bank or finance company. You may even find an offer for the first month free.
