I’ve heard lots of discussions about renting vs. buying big items, and I pretty much sum up the best advice this way: Rent things you use less than a couple times a year; buy things you use more.
Very straightforward. (Of course, there are probably some exceptions, but it’s a good rule of thumb.)
One piece of advice I read about when to rent caught my eye, though, just because I hadn’t seen it before: when possible, rent the car you’re going to buy for a few days before purchasing it. You’ll get a much better feel for it than on a quick test drive.
This assumes two things:
However, if those two things are true, and you’re at all picky about the car you drive (I’m not; we bought our last vehicle off of eBay because we spotted a great bargain), it makes a lot of sense to invest a little upfront to make sure the big investment is one you’ll be happy with.
Discussion
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