What to Know When Deciding to Rent a Treadmill
There are many reasons individuals might rent a treadmill. Some cannot afford to buy items like a treadmill outright, while others only need it for a certain period of time. Whatever the reason, there are many advantages to a treadmill rental and a number of ways to go about renting equipment for the home.
What is Treadmill Rental?
A treadmill rental allows an individual to take home gym equipment for personal use by agreeing to pay a set monthly amount for a minimum rental term. To rent a treadmill, most rental shops require at least a four-month term, which allows people who have temporarily relocated to stay in shape while away from home. Some individuals, however, rent treadmills for up to 5 years to stay in shape and avoid the high cost of outright ownership. Overall, renting equipment with the option to own is more expensive than buying upfront, but it allows anyone with an extra $50 each month to enjoy the advantages of a home gym.
How Much Does it Cost?
The cost to rent a treadmill depends greatly on the model of equipment selected. Choosing a top-of-the-line treadmill with all the bells and whistles may cost over $150 per month, while a budget model can be a mere $50 monthly. The length of the rental term also affects the price as individuals who agree to rent for five years pay less per month than those with a six-month term. Choosing to have the treadmill delivered to a home instead of picking it up can add up to $300 to the cost.
Is Ownership Ever Guaranteed?
Renters who select a “rent to own” option will eventually own the treadmill completely, so long as they pay the monthly amount for the length of the rental term. The amount of time it takes to own a rented piece of equipment varies by company, although it can take as little as one year and as many as fifteen. Still, this is a very popular option because many individuals simply don’t have the money to buy a new treadmill at retail cost, which may be over $1,500. Breaking the price into $50 increments, even if the final price is ultimately higher, is easier to handle.
The Advantages of Renting
The main advantage to treadmill renting is the ability to get in shape and stay active at home. Renting a treadmill means there is no need to maintain a gym membership or drive to the gym for a quick workout. Renting is also more affordable to many individuals who cannot afford a $2,000 piece of equipment outright. Many people also rent a treadmill before making the commitment to buy to ensure they are choosing a model they’ll enjoy. Some people even rent gym equipment when renting a home out of town, in order to stay in shape while they are out of town.
Although renting a treadmill requires a good amount of research and consideration, it’s an easy way to create a home gym that’s both affordable and easy to maintain. Furthermore, there are many rental options available that are designed to suit a variety of tastes and budgets.