| Product: |
Radio Rentals |
| Date: |
05/11/01 (1406 review reads) |
| Rating: |
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Advantages: Renting seems like the easy option
Disadvantages: Cost
In the mid 1980's, when I first got married, I could not afford to buy a television and VCR so I rented one. My Mum had always rented, so I felt if was good enough for her then it was good enough for me. I went to my local show room which at the time was D.E.R (remember them) I chose a video and T.V package, paying slightly less for them both that way, I forget just how much it was at the time. In time D.E.R became Radio Rentals, I carried on with the same agreement, a TV and video package and changed models probably every 4 or 5 years. For the last five years or so I have paid £22.99 a month. More recently Radio Rentals became Box Clever. This weekend a friend of ours offered us his almost new flat screen TV and new video for £100. Seems like a good deal I thought. If I send this rented stuff back it will just be equivalent of say 4 months payments. It was then I worked out that it was infact costing me over £275.00 a year in rental charges and that in the last 16 years I had paid out over £4,000.00. I was sick!! So this morning I rang the local showroom and said I wanted to send them back. The lady I spoke to asked me why, so I told her that I was buying new ones...hear comes the funny bit...she asked me if I wanted to buy the ones I was renting, I said no! She said “go on..go on...go on” you can have them for £50.00...”each” I said ? “No” she replied £50.00 for them both..So what she was telling me is that for just over 2 months rental I could own them!! Yet they were charging me over £275.00 for me not to own them!!!! Laughed...I could have cried!! I must admit I feel like a fool having wasted all that money...Even if I had bought a new TV and Video at the rate of a new one every couple of years I doubt I would have spent as much as I have renting them. Whilst I know that you get free maintenance but I can’t recall ever having them out more than
twice in that whole time. So, if your considering renting, it may seem like a cheap option on paper, but in the long run is it worth it? PS anyone want a nice TV and Video for only £50.00 (Only joking!!!)
Summary:
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Last comments:
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- 08/11/01 Renting probably has its place as a short term solution especially when money is tight, but as you found out to your cost long term it is just false economy. |
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- 06/11/01 Could not agree more, as KenJohn says now that they are so cheap renting is silly. |
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- 06/11/01 I've never been able to see the logic of renting TVs and videos, but thanks for pointing that out so vividly! Sue :) |
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