The economic pressures we all face are becoming more apparent with more people looking at short-term rental options to cut the cost of purchasing an item they may not need to use often enough to justify the cost. TheHuffington Post reports that this new trend has a ton of benefits – from saving money, to promoting sustainable practices.
According to Good Housekeeping ,making new products uses a huge amount of energy and resources; from petroleum products to wood, rubber, metals, minerals and more.
Continually buying new products that you only use occasionally takes up precious space in your home, contributing to clutter and the stress of having to maintain the product.
According to One Green Planet, it is better for the environment to rent instead of buying whenever possible. People should always be encouraged to reuse or repurpose items to ensure a greener planet.
Here are 7 items you should rent instead of buying:
Most of us need some pretty basic tools for quick fix jobs around the house but do you really need a full shed of power tools you never use?
According to Yahoo Finance the Home Depot rents out a variety of tools for the occasional home repair or maintenance project. For instance, I can rent a 20-inch gas chainsaw from my local Home Depot for $63 a day — a good value, considering that buying one from the store can cost from about $200 to $570.
United Rentals also has over 40,000 pieces of equipment available for rent so be sure to check them out if you are looking for something in particular.
2. Video Games
Not only do video games cost an arm and a leg they also cause clutter and take up space in your home. Rather than owning a million games you never play, it may be more cost effective just to rent the ones you will play. Check out sites like GameFly or Gamerang to rent video games. The service is similar to Netflix and the companies offer large libraries of games to choose from.
3. Parking Spaces
Driving into work everyday can become a massive hassle if you are continuously needing to find a park or paying for expensive garage parking. Did you know that people rent out car spaces they don’t need to use in your city? Check out sites like ParkAtMyHouse or Parking Panda to see a full list of rentable parking spaces available saving you precious time and money.
4. Dresses and Formal Wear
You need an expensive designer dress for a fancy party but can’t really afford to buy one? Lucky for you there are now many online renting sites catering the need for short-term formal wear. Sites like Rent the Runway allow users to borrow dresses for 3-5 days for as little as 10% of the retail value. They even send two sizes in case the first doesn’t fit. Lending Luxury also rents out dresses and accessories by top designers, many for 90% off the retail price.
The expense of buying textbooks you use for one semester is pretty outstanding, especially when money is already hard to come by. Fortunately there are websites like Craigslist where you may be able to find cheaper second hand books. Alternatively you can rent textbooks for a cheap price from Chegg.com. According to Good Housekeeping, the service is quick and simple, and boasts free shipping on returning books. Plus, Chegg plants a tree for every book users rent, sell or buy. So far more than one million have been planted! Rental costs on Chegg range from about 10% of list price to about 30%.
6. Sports and Fitness Equipment
We all know someone who has an entire room of fitness equipment – a treadmill, a cross-trainer, some expensive weight machine…and they never use it. They may have purchased the items with good intentions on getting fit and healthy but just didn’t find the motivation to keep up with it.
The best scenario here would have been to rent the item rather than buy it. According to Good Housekeeping it is not a bad idea to try before you buy, to make sure you really want to pursue an activity before you invest hundreds of dollars in it.
Check out your local Yellow Pages for great fitness equipment rental suppliers.
7. Camping Gear
Although we wish everyday was a holiday, this unfortunately isn’t so. You may want to go camping with the family a few times a year, but before you spend hundreds of dollars on camping equipment, check out your local camping shop to see if they offer rentals as many now do. Websites like Eastern Mountain Sports or Rent Your Tent also offer good rental deals for camping equipments that won’t leave you high and dry.