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9 Things You Should Rent Instead Of Buy

Posted: 08/02/2012 3:36 pm

Renting a home? That we've heard of. Renting a casket? Not as much.

Just last week, we told you about how the younger generation of Americans would rather rent a home than buy one. But it's becoming clear that the rental industry--which was once reserved for tuxedos, cars and movies--has become much more, covering everything from cameras to power tools

This new trend has a ton of benefits--for one, renting an item you'll only use once or twice is much cheaper (and more sustainable) than actually buying it. Not only that, sites like Rentalic.com let you tap into nearby resources like neighbors and community members to borrow items. Saving money and staying local? Now that's a movement we can get behind.

Dresses
Let's face it--most of us don't have the cash to splurge on designer dresses, let alone shoes and accessories to go with them. That's why we love the new trend of renting dresses: Sites like Rent the Runway and Lending Luxury allow users to borrow dresses for 3-5 days for as little as 10% of the retail value (plus Rent the Runway will send two sizes). To snag a matching clutch or handbag, check out Bag Borrow or Steal.

Power Tools
Whether cleaning the carpet, fixing up the garden or just taking on a day of home improvement, power tools can often come in handy. But instead of splurging on one-time-use hardware, check out the rental options at your local Home Depot or Lowes. These stores offer everything from power washers to paint sprayers for daily or weekly rentals.

Video Games
Hooked on Wii Boxing? We understand. Unfortunately, video games can get pricey and replenishing your collection can be tough on budgets. To keep the variety at a lower cost, try renting games from sites like GameFly and GameMine. These resources are just like Netflix, with a flat monthly rate, quick and free shipping and large libraries of games to select.

Textbooks
There's no denying it: College is becoming increasingly more expensive. That's why we love the idea of renting textbooks--it's an easy way to save each semester. While there are a ton of book rental sites, we especially like Book Renter for its library of over 5 million books (plus free shipping!), and Chegg, which puts a priority on low prices. In some cases, you may even be allowed to highlight or take notes in book margins.

Camera Lenses
Ever wanted to capture a wedding or a graduation with a professional-grade camera, but didn't want to shell out thousands of dollars? Sites like LensRentals.com and BorrowLenses.com now allow users to rent lenses or camera bodies for much cheaper than the cost of the normal hardware. With added bonuses like overnight shipping and quality customer service, budding photographers will love these options.

Parking Space
If you regularly commute to a crowded city, finding parking can be a huge hassle--and parking garages are notoriously expensive. For an easier alternative, consider renting a parking space. Sites like ParkingSpacesforRent, and ParkAtMyHouse allow individuals to list their available parking spaces online. Then, users can search for a space based on location, type and time period, and rent directly with the owner.

Casket
The average American funeral can cost anywhere from $8,000 to $10,000, with the average casket ringing in at $2,000 (although nice models can reach up $10,000 or more). Recently, funeral homes have been giving families the opportunities to rent caskets for a much smaller price--over $1,000 less. Renting a casket is as simple as asking the funeral director about your options. You can read more about the trend here.

Tech Hardware
Buying new technology hardware can be a huge investment--but with new models coming out every year, it's so important for businesses to stay current. Sites like Rent Smart allow small business owners to borrow all kinds of tech hardware, from iPads to smartphones, for several years at a low weekly rate. Get ready to upgrade your home office--without breaking the bank.

Everything Else
If all else fails, watershed sites like Rentalic.com and SnapGoods.com allow anyone to post any item or service for rent. Whether you're looking for a beach chair or a gorilla costume, both sites let the user connect with individuals in their community. Users save money, with the added bonus of making the most of local resources.

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Renting a home? That we've heard of. Renting a casket? Not as much. Just last week, we told you about how the younger generation of Americans would rather rent a home than buy one. But it's becoming ...
Renting a home? That we've heard of. Renting a casket? Not as much. Just last week, we told you about how the younger generation of Americans would rather rent a home than buy one. But it's becoming ...
 
 
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HUFFPOST SUPER USER
Sarijj
Hello Sweetie
02:07 PM on 08/06/2012
Rent a casket? What happens if you default on the payments? Funeral homes must have some mighty long term plans.
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HUFFPOST SUPER USER
Carol Stephens Briers
What has happened to my country?
01:46 PM on 08/04/2012
After the outrageous cost of my parents and my grandmothers funerals, I am going to be cremated. Just scatter my ashes to the wind.
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Djay0252
America needs to Bless God
10:52 AM on 08/04/2012
Casket
The average American funeral can cost anywhere from $8,000 to $10,000, with the average casket ringing in at $2,000 (although nice models can reach up $10,000 or more). Recently, funeral homes have been giving families the opportunities to rent caskets for a much smaller price--over $1,000 less. Renting a casket is as simple as asking the funeral director about your options.

I intend to be cremated and let my family enjoy my life insurence instead of wasting it.
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aurora59
Sarcasm: just one of the many services we offer
08:40 AM on 08/04/2012
In the event I have even so much as dollar left, when I die, I think I'll opt for a low heat cremation, so that there are bone fragments left. I'll arrange to have them put the "ashes", in an Elvis pinata, that my greedy relatives can take a whack at. Whomever walks away with the largest piece of my remains, gets whatever might be left of my estate:)
01:59 PM on 08/03/2012
"Rent Smart". Right. Nice suggestion, sounds great, except you have to go to bloomin' AUSTRALIA to get your stuff!
01:51 PM on 08/03/2012
What u said are applicable to America and other countries. Please tell me such thing which are available in South India (Tamilnadu). I will be much benefitted.
ASI KANNAN
12:43 PM on 08/03/2012
The stupidest thing I have ever heard of is paying big money for a casket and a burial plot. It is a total waste, and to me its a joke to have these huge cemeteries in the middle of towns where people jog and walk their dog above dead bodies and around gravestones. That's why I told my family to either have me cremated or bury me in a pine box in the woods behind the house. I sure don't want some to be just another name on a gravestone in a public cemetery.
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HUFFPOST SUPER USER
Clara B Grimes
Honey I told you, trust me I'm too expensive for u
03:15 AM on 08/04/2012
My husband is buried in Riverside National Cemetery. All the head stones are ground level, I've alread paid for my funeral, I'm a widow no childrens, only greedy siblings.I met this lady this yr on Memorial day, she pointed out to me that they do not bury you in the casket. Look down at the ground, I've often looked, and in the back of my mind I'd see the seperation between each head stone, and I wondered how a casket could fit in that small space. My husband was buried with full Military Honors. Funeral was Sat, but could not be buried in Riverside until Tues. We went. After giving the folded flag,guns etc. It was over around noon we were told to come back after 2:00 o'clock, we were not allowed to go with the casket that held my husband's body. We did not wait, we just came home. And what this lady told made sense. My husband's body HAD to have been taken out of that casket and resold. I don't like to dwell on this, caz I've already elected to be buried with him. Oh, this is when she told me, she told her children to rent her casket and not buy one. Oh well.....
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yeti7
don't need no stink'n badges
01:40 PM on 08/04/2012
we buried our father in Nat Cemetery in west texas, and were there for the internment, later after our mother died we had her cremated(her wish) and her ashes were interned with our father. My dad had picked out his own coffin and it was very simple (cheap) and that is what he wanted.
Soon in some of these cemeteries, already happening in the UK, they will be burying people in the vertical position.
My wish is to be cremated but the greenies are trying to get that outlawed.
Every been to New Orleans or other Gulf South towns and cities, they bury the dead above ground in tombs, and after a year they can open the tomb and put someone else in. Gross when you think of the details but practical.
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HUFFPOST SUPER USER
shyhon
Truth, Justice and the American Way
11:00 PM on 08/04/2012
When our wonderful son died, we had him cremated. I've never regretted it.
Just the idea that he can relocate with me...
That may sound bazaar, but if I'd buried him, I would never have left the town where he was killed, and I really, really wanted to leave that all behind.
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12:40 PM on 08/03/2012
I'm always amazed to go into the Home Despot after a storm or snow and see all the folks standing in line to return their chainsaw, snowblower, generator, etc.

Rental program or not, people have figured it out.
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yeti7
don't need no stink'n badges
01:46 PM on 08/04/2012
try renting anything during those times
12:11 PM on 08/03/2012
Textbooks?

I've bought a lot new textbooks and then resold them at the end of the semester, most times it only costs me less than $10 to own my textbooks this way. Its more work but its possible.
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12:35 PM on 08/03/2012
I've broken even a few times by buying used textbooks on Amazon, and then selling them back through their buyback program. Its so easy. With Amazon student, i get free 2 day delivery, and then I just save the box they came in, and ship them back for free at the end of the semester.
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HUFFPOST SUPER USER
DSevere
Deviant mind
12:10 PM on 08/03/2012
Power tools, it depends on what you need them for and if this is a one time project or not. for instance, my husband likes to putter around and build and fix things, so he's really attached to his power tools. But there are a lot of alternatives to buying them new, also, like moving sales and the like.
dela21
I was born a winner!!
12:06 PM on 08/03/2012
Rent a casket?
HUFFPOST SUPER USER
2Shy
Hush Hush, Eye to Eye
12:44 PM on 08/03/2012
What do you do once the lease is up?
HUFFPOST SUPER USER
awlwaysritegotit
09:29 PM on 08/06/2012
IF YOU ARE INSIDE WHAT DO YOU CARE?
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HUFFPOST SUPER USER
Clara B Grimes
Honey I told you, trust me I'm too expensive for u
03:28 AM on 08/04/2012
Yep, I just comment on that in a previous reply. "Rent A Casket" I just found that out this past Memorial Day 2012 from this lady whose husband was buried like mine In at Riverside Nat'l Cemetery. The reason ppl rent caskets is because they are not going to buried in it anyway. Like myself and my husband. A lady I met up there she told me about the "Rent A Casket" I've often wondered how could a casket get into such a small space, I've looked down and saw the short distance from one head stone to the next it is impossible to get a casket in that small space. I'll leave it at that I ain't gonna drive myself crazy asking the cemetery why the small distance between each head stone.
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HUFFPOST COMMUNITY MODERATOR
jl4141
Master of weapons of mouse destruction
11:40 AM on 08/03/2012
Many (all?) states have laws that once a dead body has lain in a coffin that coffin can't be reused.
This user has chosen to opt out of the Badges program
12:37 PM on 08/03/2012
The body doesn't go in the coffin you rent. You buy a cheap wooden box that the body goes in, then that gets placed inside the coffin. So for the visitation and funeral it looks as if the body is in a nice casket.
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yeti7
don't need no stink'n badges
01:49 PM on 08/04/2012
what about for the obese folks and they have to remove limbs to get them embalmed properly and then positioned in the coffin?
08:46 AM on 08/04/2012
That may be true but that law is broken every day.
10:56 AM on 08/03/2012
DEATH, now for rent at your local or preferred funeral home.

It's going to be your "last apartment" not your "eternal home."
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yeti7
don't need no stink'n badges
01:51 PM on 08/04/2012
In Mexico you rent the grave , and then after 10 years or so when people get tired of paying the rent for dear old Dad's grave they dig him up put his bones in a card board box, write the family name DOD on it put it on a shelf in a cave.
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PenGoddess
We are the Universe
02:21 PM on 08/04/2012
LOL....
10:33 AM on 08/03/2012
Re: Power tools.

It's worth your while to price it out both ways. I needed a pressure washer. I could buy one for $75 or I could rent one for $50 per 24 hours. I wasn't sure I could get the task done within a 24-hour time frame, so if I would need the pressure washer for more than one day, it would have been less expensive to just buy one. I realized quickly that I had about half a dozen other jobs I could do with this pressure washer, thus getting my money's worth out of the purchase. I've since loaned it out to several friends, so it's seen enough use that the $75 was well worth it -- and I never have to worry about returning it by a specific time and don't have to rush through a pressure washing task to make the deadline. I can take a break, throw back a couple beers, and pick up again where I left off at my leisure.
12:01 PM on 08/03/2012
Totally agree with you. I bought a flooring nailer instead of renting one. I'm not in a rush to take it back. I'll use it a lot and I can lend it to those who qualify. :)
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HUFFPOST SUPER USER
psnyder325
Yep, I'm a Socialist. Deal.
06:07 PM on 08/04/2012
I've found the same with power tools. If you own a home, it is unlikely that you'll only use the tool once. I'm constantly putzing. While really good power tools are expensive, you can get some pretty cheap tools at Home Depot that are fine for most home use. And if you're using tools extensively, it is cheaper to buy even the good stuff than to continually rent.

What I'd like to see, though, is for neighborhoods to have a community tool shed with a couple of lawnmowers, some hedge and edge trimmers, a table saw, a variety of tools, etc. But Americans all like their own stuff and are not good about sharing toys.
10:30 AM on 08/03/2012
There are now "green funerals" where you can choose a simple wooden box. Or you could choose a shroud. You don't get embalmed, either, since the chemicals are toxic for the earth. It's cheap, and it's good for the earth. The graveyard is reserved for people buried in this way, to keep it green.

I think it's a great idea. We're meant to return to the earth. Why not do it naturally?
11:28 AM on 08/03/2012
i've never understood why we embalm the dead and try to preserve their bodies? wrap me in linen, build a big pyre and light me off.
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yeti7
don't need no stink'n badges
01:54 PM on 08/04/2012
blame the Egyptians.
The greenies are against the burning of bodies, they suggest a chemical cremation, cremation by acid. There is company in Ohio is doing it
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PenGoddess
We are the Universe
02:24 PM on 08/04/2012
Then throw my ashes into my favorite (large) body of water (shhhh..don't tell - disposing of human remains in lakes is illegal).
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yeti7
don't need no stink'n badges
01:52 PM on 08/04/2012
dust to dust