When can renting TVs be better than buying them?

Renting a TV is an excellent option for many consumers. It can be cheaper than buying, and it’s easy to get the latest technology without any hassles. But there are also times when renting isn’t right for you. Here are some situations in which renting is better than buying:

You want to avoid buying a TV.

There are many reasons why you may want to rent a TV. For example:

• The cost of buying a TV is too high for your budget.
• You’re not ready to commit to one particular brand and model of television and would instead try out several different kinds before deciding which one(s) you want to buy long-term.

You want to avoid shopping for a TV.

You’re busy, and you need to make time in your schedule to go shopping at the electronics store. You want to spend less time researching TVs online and comparing prices, features, and model numbers. You also want to avoid dealing with salespeople or shipping costs (or lugging around a large TV on your own).

You want to avoid buying a bad tv.

When you rent a TV, you don’t have to worry about making a big investment and then to find out that the TV is defective or in some other way flawed. You can rent a TV from a store like Best Buy and return it if it is different from what you expected. If the setup isn’t right, they’ll help you fix it so that your viewing experience is as enjoyable as possible.

You want the latest technology.

If you want to experience the latest technology, it’s often not available for purchase, let alone in stores. If you buy a TV today, it’ll likely be obsolete within a few years.

The good news is that renting allows you to experience things like 4K and OLED TVs without worrying about upgrading your device immediately. You can rent any new technology as soon as it becomes available and upgrade when it is right for you—without having to pay any high upfront costs.

You want a short-term solution to your entertainment needs.

Renting can be the ideal choice if you require a TV for a short-term solution to your entertainment needs. You may not want to buy a TV, but you need one for a few months while moving or on vacation. Renting is also helpful if you live in an apartment and want to avoid lugging around an expensive piece of equipment that isn’t yours. When needed, temporary rentals are easy: return the equipment when you’re done.

Renting TVs can be better than buying for consumers who have these needs.

Renting a TV is better than buying one in these cases:

• You want to save money. Renting can be cheaper than purchasing a TV because you aren’t paying for ownership or repairs. The average lifespan of television is five years. Still, with frequent updates to technology and design that make older models obsolete, it’s common for people to purchase new sets every few years. If you plan on keeping your TV longer than that, then renting might be better for you anyway.
• You want convenience. Renting TVs makes it easier for consumers who want to avoid dealing with the hassle of installation (no cords) or have enough space in their homes for a large purchase like this one.
• You care about the environment—or would rather wait until your eyesight improves before getting glasses.