Essential tips for getting furniture on rent

Essential tips for getting furniture on rent

Due to increased urbanization and working population, people are becoming more cost-conscious and thereby decide to opt for furniture rentals. This is a more suitable and convenient option.

Let’s take an example; if you are deciding to relocate to a metropolitan city, the cost of settling is a great burden. Or say, if you switch jobs or an apartment, then items in your home become your primary responsibility. In that case one of the sound decisions is to get the furniture on rent instead of investing a huge amount in it. Furniture rental companies offer various benefits such as flexibility, cost-saving, hassle-free transaction, no trouble of reselling or relocating and even no headache to maintain it.

Here are some of the essential tips for getting furniture on rent. Check out the 4 Cs before choosing to opt for furniture rentals:

1. Consider your needs
Identify your needs so you can arrive at the right option which balances your style. For example, if you want to get the bed on rent then you may consider its height, its base, the headboard material and most importantly the bed with storage capacity. It is not always possible to customize the furniture you buy as it may burn a hole in your pocket. Renting of furniture comes into play to meet your changing needs.

Most importantly, your needs and condition should match. So, look before you leap. Check out the condition of furniture and the maintenance requirement before opting for furniture rent.

2. Cost-benefit analysis
Investing a large amount of money to buy the furniture may sometimes not be affordable. Instead, you can get the furniture on rent for a much lower price. Before deciding for furniture rentals it is advisable to consider the cost-benefit analysis. Compare the cost and benefit of buying versus renting the furniture and invest accordingly.

Let’s take the example of a sofa set. If the market value of a sofa set is said to be $2000 and if one opts for an EMI option than it costs $80/month for 36 months. Whereas, renting the furniture costs $110/month for 36 months. If you go for reverse calculation, you figure out that $2000 loan with EMI of $80/month for 36 months costs you an interest rate of 14.67% which is reasonable so you can buy it on EMI rather than taking it on rent.

3. Capacity
Before getting furniture on rent, storage capacity is a primary factor to consider. Are you worried about storage space in your little apartment? In that case, you can look for those furniture items which have extra storage capacity. Say a single bed with extra storage as compared to the single bed with no storage is a better option to consider.

4. Customer service and rating
There are many furniture rental websites from which you can get the furniture on rent. Different companies indeed provide different customer services such as some companies may provide damage coverage, while some may not. Customer services such as free relocation of the goods, free pickup and drop facility, one free servicing, and rent to own option, free maintenance and cleaning services, online chat with customer care, free swapping and combo offers are noteworthy before getting the furniture on rent.

Furniture rental is a better choice as you can return it at any time and can save huge capital investment.