Rent or Buy?

Rent or Buy?

Decide for yourself what the best choice is for your situation

You want a washing machine for your student house, but should you rent or buy one? Here we list everything you need to know so you can make a choice which suits you.

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Convenience

Whether you rent or buy, the appliance will be delivered free of charge by the rental company or the store. However, renting offers several practical advantages especially in case of a malfunction. Repairs are usually covered by the rental company's service and are carried out at no extra cost. If the appliance can no longer be repaired, it will be replaced free of charge when rented. In contrast, if you’ve purchased the appliance, you are responsible for the repair or replacement yourself, which can involve additional time, costs, and effort.
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(No) Investment

When purchasing an appliance, you need to pay a relatively large amount upfront. If you choose to rent, the investment is limited to a low monthly fee and, in some cases, a one-time but modest start-up contribution.

Of course, you might also consider buying a second-hand appliance, which is often cheaper at first. However, this comes with a higher risk of malfunctions or a shorter lifespan. Any repair costs will be your responsibility, which can quickly cancel out the initial financial benefit.

Cost(saving)

Whether renting is cost-effective depends on several factors. If you only need a washing machine for a limited period, renting can be cheaper provided the total rental cost is lower than the purchase price.

Renting is often seen as more attractive when multiple people are involved, like in a student house, since the cost can be shared. In most cases, it comes down to just a small monthly amount per person. Buying, on the other hand, requires everyone to contribute a larger amount upfront, which can be harder to organize especially if not everyone is ready or able to pay at the same time. Renting offers more flexibility and less hassle in that case.

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Energy consumption

There’s no difference in the appliance itself. The washing machine you rent is technically the same as the one you would buy ,think of the energy label, capacity, and water consumption. What does make a difference is how you use it. You can significantly reduce energy use by washing at lower temperatures, only with a full load, and preferably during off-peak hours.

While the energy label is important, user behavior plays just as big a role. Eco programs take longer but use less energy. Using a dryer? You can save a lot by spinning at a higher speed. Older machines can consume up to twice as much electricity as modern models, so renting or buying a newer appliance is often more cost-effective in the long run.

Sustainability

Rented appliances that are returned to the rental company are usually refurbished, thoroughly cleaned, and put back into use. This contributes to a sustainable use of equipment. When a rented appliance is no longer suitable for reuse, it is disposed of in an environmentally friendly way, just as legally required when taking back an old appliance upon the purchase of a new one.

An important difference is that parts of rented appliances are more often reused or recycled. In this way, renting actively contributes to less waste and a more circular economy.

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Conclusion

Renting vs. buying for student houses; whether you rent or buy, both options have their pros and cons. However, renting often offers more convenience, flexibility, and certainty, especially in a student house. You don’t need to make a large upfront investment, costs are easy to share, and in case of a malfunction, the appliance is quickly repaired or replaced. Disposal is also handled properly when the appliance reaches the end of its lifespan.

Another advantage of renting is that there’s no confusion about ownership when residents move out. The appliance remains the property of the rental company and can easily be transferred to new tenants, avoiding any disputes.

In short, renting is often the most practical and hassle-free choice for student houses.

Ready to make your student life easier?