EMI vs. Rent - The Complete Guide
Most of the working
population of India doesn’t like to buy furniture and appliances for their
place of residence due to their increased mobility.On an average, many of us have to move our home 8-10
times till we turn 50. Bachelors and working people who keep on shifting from one city to another due to their job profile/projects prefer renting furniture as buying and shifting furniture is a costly affair. Moreover, people don’t want to put their
money in depreciating assets. With this mindset,
the renting is becoming more and more popular among the working population in
metro cities. In this post, let us look at what all you can get on rent and how
renting is better than buying on EMIs.
What’s for Hire?
Online rental companies enable you to smartly own lifestyle
essentials like quality furniture, home furnishing products, appliances and
more to set up your home at easy and
affordable rentals. Rental
companies also crafted a range of packages to suit your every need. They
have packages for the bedroom, living
room, kitchen, study room, dining and studio apartment. All packages are
designed to make your home special and lives easier. You will also get a
variety of bikes at affordable cost on rent for your road trips to daily commute. Rentomojo, a rental subscription company wants
to free you from the burden of buying home durables with a promise of
affordable and hassle-free solutions.
Why Renting is Better than EMI?
1. Security deposit for rentals is nominal and which is completely
refundable. But in the case of buying a product, the value of the product will
depreciate with the time and usage.
2. You can choose from a wide range of products as per your need. Moreover,
you can easily exchange products for a new one when you wish. When you buy, you
cannot change it frequently due to the high cost involved.
3. With rentals flexible tenures, the subscription can be cancelled anytime so that you can own what you
want, for however long you want it.
4. When you rent a product, you will have the convenience of
monthly billing and payment cycles only after you use the products.
5. Rental companies provide maintenance and annual cleaning services to
ensure that your subscription is always as good as new. In case of your own
products you have to pay for these services.
6. With rentals you can extend or opt out of your subscription anytime
as per your convenience. And you don’t have this type of options once you
bought a product.
7. Rental companies work on the principal of pay less and use more. The longer you rent, the lesser you pay.
8. And when you got a new job in a new city there is no need to shift furniture
and home durables or consider selling all this stuff at low prices.
Renting is an easy, convenient, less expensive and less time-consuming option for people new to the
city. Renting helps them save both money and time. Such savings can be used for
better life experiences. And when it comes to renting, you don’t need to look
beyond Rentomojo. Just Rent, Don’t buy.
Also read: How to invest in mutual funds online?
Also read: PPF (Public Provident Fund) - A popular saving scheme
Also read: How to apply for loan against LIC policy online?
Also read: 10 Tax saving options other than Section 80C
If you liked this article. share it with your friends and colleagues through social media. Your opinion matters, please share your comments.
Also read: PPF (Public Provident Fund) - A popular saving scheme
Also read: How to apply for loan against LIC policy online?
Also read: 10 Tax saving options other than Section 80C
If you liked this article. share it with your friends and colleagues through social media. Your opinion matters, please share your comments.
No comments:
Post a Comment