Renting tools can be a great alternative to buying an expensive tool that, while necessary for one project, may never be used again. You may also want to consider renting a tool to try it for a few days before you commit to buying an expensive tool. You may discover that the tool is nice but not something that you will use enough to offset the cost.
Many companies rent tools for individuals, including The Home Depot and some U-Haul centers. Depending on where you live, you might find additional sources in your area. I've seen tool rentals available at auto body shops, storage unit facilities and even certain gas stations. You may even be lucky enough to find a store that specializes in renting tools. The Home Depot is a good place to rent tools from because they have over 140 Home Depot Tool Rental Centers all across the country, and they occasionally run specials on their services.
Before you rent from a store, you need to ask questions to find the best place. One store may have better deals but lack a knowledgeable salesman, while another may be slightly more expensive but have experts on hand to help with your questions. It might seem better to go with the cheaper option, but if the tool stops working or you experience major problems with it, you'll wish you had picked the store with experts on staff. You will also want a place that p a flexible rental period. Some companies will charge the same price for one day as they do for a week-long rental, while others charge you for the length of the rental. You should also ask about extending the rental time. Some stores have a set schedule, and if you need the tool for longer, you'll have to go to the back of the renter's line. Others have enough tools that you can extend your rental for a few extra days.
To rent a tool, you will need to place a deposit, if not the entire rental amount, and show a picture ID and a credit card that they can keep on file. Most stores require a credit card in case something happens to the tool while it's in your care. If the tool is damaged, they will charge your credit card for the repair bill or to replace the entire tool. Some stores do allow you to rent with just a picture ID and a large deposit, usually at least the price of the tool.
By Jennifer Eblin