Whyrenting furniture instead of buying is a profitable deal?
Why Furniture on rent?
The concept of the sharing economy is growing around theworld. The experience of sharing resources allows the freedom to use the bestof the best features for a nominal fee. The interesting thing is that peopleare now renting almost everything from property to clothes. Furniture andequipment is no exception. This gives you access to those things which youcannot afford like this. The freedom to buy and maintain is something thatdrives the rental business.
Price Difference Between Buying and Renting
· You can get a single bed for a monthly rent ofRs 350-1200, while buying it may cost you Rs 5,500 – 15,000.
· Similarly, you can get a double bed in monthlyrent of Rs 750 - 2500, while buying from it you may have to spend Rs 17,000- 26,000.
· You can get a wardrobe of clothes for a monthlyrent of Rs 600-2500 rupees, while buying from them you may have to spend up to Rs12,000 – 21,000.
· For a 3seater sofa, you may have to spend Rs 800-2,000 as rent while buying Rs 15,000 –30,000.
· You may have to pay monthly rent of Rs 900-1800as rent for dining table and chair, while you will have to spend Rs 16,000- 22,000for buying.
Impact on pocket
The cost of renting basic furniture on rentand appliances for the house can range from Rs 10,000 to Rs 15,000 per month.This may not sound very cheap to you but free delivery, setup, relocation,cleaning and maintenance are also included in this package. You can get acomplete bedroom package for Rs 1,500 per month. It includes double beds withmattresses, side tables, wardrobes, dressing tables and curtains. If you try tobuy these things, then it will cost you at least Rs 37,000.
Not necessary, but keep in mind that this money can be very originaldepending on the occasion. I have worked out many options on the First Floppy andtried to figure out for you that if you rent instead of buying stuff and investthe remaining amount, then this fund will be equal to your next 33 months rent.After that, if you decide to buy it, then it will be very cheap for you. Alsokeep in mind that after 33 months your current value will come down to Rs 19,879only.
Furniture rental option
First Floppy provides home designed furniture;its service is available in Delhi NCR. Or the company marketplace model is athird party service provider.
Ifyou have made a big investment in home and furniture on rent and want to settleon your own, then carrying it is a big problem. You may have to pay a lot forthis luxury. It will take Rs 25,000 to Rs 35,000 rupees to pack only and thereis a separate risk of furniture breaking even on that.
Serve your opinion?
If your job is such that you need to go toa new place again and again. Or are you interested in settling down in a newplace? Are you in a situation where you need to make accommodations? Even ifyou don't want the monthly instalment burden and don't have access to thefurniture later, it is still better to rent.
Paying less amount as rent in the short term is a wise decision. Insteadof spending on buying furniture, its return can be earned.
Change whenever you want
The biggest advantage of taking furnitureon rent is that you can change it whenever you want, you do not need to thinkfor a big amount while taking decisions to change the look of the house.
If you want to change your house, thenthere is no need to worry about car for furniture or its safety.
When buying furniture, you also have tomaintain it, whereas in renting it will be the responsibility of the company tomaintain it.
What is the loss?
Cost of breakage, the rental service claimsthe supply of damaged furniture. You may have to pay a lot in this case.
Preferred furniture not available
Sometimes the furniture you love is notnecessarily an achievement. In this, you may have to work to get the furnitureof your choice.
If you buy furniture, then you have a lot ofoptions while the options are limited in renting, especially you have to chooseonly one of the options available with the company.