Before You Buy A Tool, See If You Can Borrow Or Rent It

Before You Buy A Tool, See If You Can Borrow Or Rent It
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Sometimes you’ll be working a project at home, and your first instinct might be to buy the tool you need. You’ll then have a box of tools you’ve only used once. Consider borrowing or renting a tool to save money and reduces clutter.

Photo by Tony Hall

The Simple Dollar gives an example:

Usually, our cordless drill does what we need, but not for a bigger job like this one. Instead of talking myself into a corded drill — after all, we had a great use case for it right there in front of us — we recognised that this was a pretty rare case for us and just contacted a few friends. It turned out that one of them had a corded drill with a lot of torque. I borrowed it a couple of days later and finished the project in about half an hour.

If you can’t find a friend who has something you can borrow, check out renting the tool. One-use tools are an expensive indulgence.

Ten Questions to Ask Yourself Before Making a Purchase [The Simple Dollar]

Comments

  • Or ask a hardware store if they have take home trail units. Some allow you to test high-end tools for 24-hours

  • This may make me sound like a jerk, but I don’t lend tools. Something to do with people borrowing socket sets over the years and returning them missing parts. These same people then complain when they borrow them again and the part they lost is still missing.

  • You could also join the local men’s shed if you can do your job there. Usually a small membership fee but you get the bonus help of knowledgeable men.

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