The Renting Economy | Difrent Rentals
In our post-recession economy, home ownership is no longer the end game. In fact, many people of ‘generation rent’ are questioning the logic of buying property, and the associated responsibility and commitment it entails, compared with the relative ease of renting. It’s also a sad but true fact that buying a house simply isn’t an option financially for many of us.
For these reasons, the rental economy is booming – and not just in the housing market. Renting is becoming an increasingly popular choice in all aspects of our modern life, from transport and co-working spaces, to fashion and pets (check out Borrow My Pooch), and of course, technology and appliances, such as those you can rent from Difrent.
Renting is the ideal solution if you need your appliance or device urgently. For example, if you’re a busy family of five and your washing machine breaks down, it’s not going to be practical or convenient for you to several weeks or months to save for a new before replacing it. Once your application to rent from Difrent is approved, your washing machine can delivered as soon as the next day so you don’t have to worry.
Whilst renting generally works out more expensive in the long term, there are lots of benefits that can outweigh this factor. Here are just a few of the reasons why renting your technology and appliances can actually be preferable to buying them:
1. Always have the latest technology
In our society, technology is advancing at an almost unbelievable pace, and new devices and updates are being released all the time. If you’re the kind of person who always likes to have the latest smartphone, or the television with the best screen quality, you might prefer to rent your device, and upgrade it every couple of years. This also means you can choose the appliance you really want, instead of being limited to lower quality items that you have the money to pay for on-the-spot with cash
2. Perfect for commitment-phobes
Renting is perfect for those who are torn between different manufacturers or versions of technology, and don’t want to be tied down to the wrong choice. Perhaps you just can’t choose between Apple or Samsung, the Xbox One or PS4, or an OLED or QLED television – with renting, you can try one out, and if you decide it’s not for you, simply select another option when your rental contract is up.
3. Get it immediately
Renting is the ideal solution if you need your appliance or device urgently. For example, if you’re a busy family of five and your washing machine breaks down, it’s not going to be practical or convenient for you to wait until payday – or however long it will take you to save – before replacing it. Once your application to rent from Difrent is approved, your washing machine will be delivered in a matter of days, so you don’t have to worry.
4. Full service cover
When you purchase a product, after the initial manufacturer’s warranty period is up, you are responsible for all maintenance of that product, with no one to help you (for free) if something goes wrong. In contrast, rented appliances from Difrent come with full service cover for the duration of your contract, so you have complete peace of mind in the case of a fault or breakdown.
5. No upfront cost
Which leads us on to our final, and perhaps most appealing reason – renting an appliance removes the (often extortionate) upfront cost of buying it. Although buying makes financial sense if you have the spare cash, many people will understandably struggle to save the hundreds or even thousands of dollars required to purchase a brand new appliance – but a few dollars a week to rent one is entirely manageable, and won’t squander all your savings. This also means you can choose the appliance you really want, instead of being limited to the ones within your budget.
Ultimately, all signs suggest that we can expect the renting economy to continue expanding in the future, with companies branching out to include everything from furniture to human interaction. Be a part of this rental revolution by renting an appliance from Difrent today!