Many people rent furniture because they need more money to purchase a piece outright. But they also want to live with something other than boring, small-budget furniture that looks like it came from a thrift store.
Many rent-to-own furniture companies offer a wide range of styles and price points. They can also provide great flexibility for roommates who change their style often or single renters who move a lot.
You Don’t Have To Worry About Credit
Many rent-to-own furniture stores offer rental periods of 18 months (or 78 weeks for weekly renewals). The item is yours once you pay off the retail price. Some RTO companies require a down payment before renting an item, while others will let you choose your desired piece of furniture and then begin payments immediately. RTO is a fantastic choice for customers who want to test furniture before purchasing it. If you must decide whether the piece will suit your aesthetic or fit into your home, renting the furniture first is a great idea. You can choose the rental option that best suits your lifestyle and financial situation from the many rental plans offered by RTO firms.
Another benefit of RTO is that there’s no credit required, so it’s a good choice for people with poor or no credit who need to furnish their homes. However, it’s important to research the company carefully before signing any contract. Some rent-to-own companies will require you to make a down payment or may have legal language that requires you to buy the item at the end of the lease period, even if you can’t afford to. Both situations could be better and can put you in financial or legal trouble.
You Can Change Your Mind
If you plan to live in your home for a long time, renting furniture might save you money. You can easily upgrade to a different set later on or swap out pieces if your style changes, allowing you to stay current without selling items or finding buyers. This flexibility also helps if you move in with a roommate or partner. Many rental providers like Inhabitr allow you to edit your plan or swap out your furniture for free whenever you want.
Another benefit of rent-to-own furniture is that you can make payments over a long period. This allows you to own or return your furniture at the lease’s end. Some furniture rentals also offer low monthly prices based on how long you rent the pieces, such as rent to own bedroom furniture sets. This can be a great way to get high-quality furniture that would otherwise be out of your budget.
Some companies offer a flexible leasing plan that lets you choose from stylish furniture sets designed to match your style. Their products include modern and contemporary pieces that can add color to your space. The company also offers a variety of decor options that you can purchase by the piece or in a package, including bedding, lamps and wall prints.
You Can Save Money
When you rent, you can return it if you don’t like what you have or your taste changes. With a lease-to-own furniture company, you may pay a little more monthly, but you will own what you’ve rented at the end of your lease period. Consider working with an interior designer to ensure your furnishings stay in style for years. Decorators are less expensive than you might think, and many offer a free consultation call to help determine what styles best suit your home. Rent-to-own companies allow you to rent by item or room to select a complete bedroom, living room and dining room package. They also allow customers to rent for a one-, two- or three-year term with an option to purchase at the end of the lease. Some rent-to-own companies have an extensive selection of stylish and modern furniture that can fit any budget. They also carry coordinating bedroom furniture sets and other furniture pieces. Many have various home decor items, from rugs to window treatments to wall art. Many of these companies feature a selection comparable to what you might find at high-end retailers, and they often offer free delivery and set-up.
You Can Get High-Quality Furniture
Many rent-to-own furniture companies have stores with style and design services that help you find pieces that work for your aesthetic and home. They also offer furniture packages that let you test out an entire room in a store and allow you to return the pieces at any time. If you decide to keep the furniture, your monthly payments will eventually cover its cost, and you can own it.
You can get high-quality furniture at affordable prices when you choose rent-to-own furniture sets. Some rental companies provide options for every room in the house. Their leases are easy to understand and have flexible terms. They also allow you to pay off the lease early for a discount or swap out furniture when you’re ready. The cost of renting furniture can increase when you rent a larger package or add furniture items to your rental agreement.
