So, you travel a gazillion times for work and move houses every 2 years! What do you do with all the things you have accumulated? Isn’t it a pain to shift a whole house from one city to another? Yes, it is indeed a huge amount of furniture, home décor, appliances and more things.
Plus, it’s a huge financial loss also. Did you ever think of it when you bought that beautiful king size bed? Absolutely no, you thought that the EMI option was the best, right? But then there is a better option – Rent-to-Own.
I know we all are a little scared to rent furniture, rent bikes or rent appliances. Our parents have brought us up that way. Our parents keep saying beta, buy a car, buy furniture, buy appliances, beta get married, buy a house, buy on EMI. We all are brought up with the notion that buying and owning is the best option. The #SubscriptionLifestyle in India has never been adopted as a lifestyle.
We all thought that renting out was only for houses, didn’t we? Now India is 45% youth which means that we are the youngest country. All the growth opportunity is here plus all of us are ambitious. We are willingly ready to shift to one city or another for any better opportunity. So, it’s really difficult to actually carry so much baggage.
I’m sure we all know the concept of semi-furnished and fully furnished houses, but they are damn expensive. But did you guys know there are appliances for rent, furniture on rent, bikes on rent, and even clothes? Yes, what’s the need to own anything; Rent-to-Own is always better for financial viability.
Why Renting Out?
Because only 3% of the population has 15 lakh+ packages, which means most of us live on EMI… lucky are those who can afford full payments in a single shot.
Rentomojo is one such company where they take renting out very seriously. Why? It’s easy to take anything for just 3 months; there is no commitment. Since there is so much uncertainty in today’s times, don’t you think it’s obvious to rent your house and also everything in it! It’s time when #SubscriptionLifestyle became the way to live.
What’s the Benefit?
So, when you are renting out furniture for 6 months you pay a certain amount, and then you are not sure, there is a factor of uncertainty… so there is an option for renting it out for 24 months, and you can cancel it whenever you want. All you have to pay is the price of 6 months, no cancellation fee… and at the end of it, if you really want to buy it you can do that too! It’s literally like try, use and buy.
Apart from setting up a home, they are also giving free re-location and maintenance. All of this seems to be too good to be true, isn’t it?
I think the option to own is literally like the best part of Rentomojo! I’m sure you all would be more interested in an RMI (Rental Monthly Instalment) rather than an EMI as it has more benefits to offer, some of which are put in the table below. Initially, I was not at all convinced, as I thought that you know at least in the EMI the product will be mine at the end of 1.5 years and I would sell it off at 30-40% less.
|EMI||RMI (Rental Monthly Instalment)|
|Not Getting Capital Stuck||YES||YES|
|Option to Own||YES||YES|
|Cheaper Monthly Pay-out||NO||YES|
Imagine Rental Monthly Instalment for the entire time which is lesser than the EMI. You are not only saving on so much of the cost but after all the time you can own it too!
I totally feel it’s a great deal! All of you must check out Rentomojo and own your home interior smartly!