The actual cost of the appliances is not only associated with the initial price tag. An actual ownership cost encompasses other expenses like maintenance, upgrades, repairs, etc. These overheads are beyond the actual cost that you may ignore while purchasing but can’t escape from it in the future. That’s why most people prefer to buy things on rentals to avoid such financial burdens. In today’s era, almost every other thing is easily available on rent. Whether you are looking for an LED TV or water heater on rent in pune or any other home appliances or vehicles, rental options give you the freedom to choose the desired product at small monthly payments.
Let’s explore the real cost of buying appliances and understand how it is differ from the actual price tag:
Additional Expenses
Other future expenses such as maintenance, repairs or replacements also add cost to the ownership. Maintenance is required over time to enhance the life of appliances. If you own an AC, you should arrange maintenance after a few months to ensure its efficient functioning. Similarly, if some damage occurs to your product, it’s your responsibility to get the repair done, and if the product needs replacements, replacing the parts also requires big bucks. Therefore, it is preferable to choose rental appliances such as ACs or other home devices because when appliances are rented, the rental company bears all maintenance, repair, and other required overhead.
Upgradations or add-on cost
Appliances include other upgradation and add-on expenses as well. These expenses may consist of cables, appliance accessories, etc that you require to get the services of appliances in a comfortable manner.
Depreciation cost
Every appliance loses its value over time. If you go to sell that product after months or a few years, you will get a price tag different from the actual purchasing cost. So, if you plan to upgrade or sell, it is essential to keep this in mind when buying new appliances. However, this is different in the case of rental items such as led tv on rent or other items. Renting allows you to easily upgrade new items whenever you want, as you must pay monthly payments for that particular product.
Energy consumption
Appliances such as AC, cooler, refrigerator and other, require energy to perform its function properly. Suppose you own a geyser or air purifier; continuous utilisation of these appliances increases the need for electricity that results in increasing electricity bills. Hence, you should also consider these expenses while evaluating ownership costs.
To sum up, we suggest you assess your requirements and budget before owning appliances. Prefer to take appliances like microwave, geyser or air purifiers on rent in pune instead of purchasing if you need it for short-term purposes. Otherwise, buying can be an ideal option to fulfill a long term, but consider the above expenses and make a sound buying decision.
Buying and renting options are fruitful for an individual but the decision lies in your needs and budget. Choose wisely
