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Renting vs Buying Furniture — The Definitive Guide
What is the Fuss?
Apartment living is the norm nowadays. Changing jobs in a couple of years is common. With change in jobs, comes change of work location, either a different city or a different part of the same city. Nowadays, folks prefer to live close to their workplace in order to avoid long, excruciating daily commute. This leads to frequent change of apartments. But what about the furniture and appliances in these apartments?
Will you buy furniture/appliances, or rent it out? Many furniture rental platforms have sprouted up, and are present in all metro cities in India. In this post I calculate the cost tradeoff of buying vs renting furniture, and lay down a framework for you to decide which option to go for. Lets get furnishing!
Cost of Renting vs Buying Furniture
There are many rental furniture portals. Some of the prominent ones are Cityfurnish, Rentmojo, Furlenco. To compare costs of renting vs buying, I will select two furniture types, and compare their rent cost vs buying cost. I will try to derive how many months of rent does it take to equate the buying cost of that furniture.
Single Sofa Recliner
A single recliner sofa is a comfortable, often present furniture type in today’s living…