How to Choose Between Renting and Purchasing a Stair Lift

8 August 2019

A stair lift comes at significant cost, but it also is an invaluable resource for those with mobility issues and multi-level homes. With this in mind, of course you want to make the right choice when presented the option of either renting a stair lift or purchasing one outright. Also many factors that you will need to consider when making this decision. In the article below, we’ll explain what these considerations are and how they will impact your choice. Contemplate this information carefully before you move forward with any rental or purchase arrangement.

Available Options
Not every stair lift rental company is cut from the same cloth. Some will, unfortunately, take advantage of stair lift renters because the company feels that there isn’t enough of a return investment on rented stair lifts. They might not offer the safety features that you require. Of course, this isn’t true of every rental company! But you need to be scrupulous in choosing a company to rent or buy a stair lift from. Peruse their wares and ask any questions that you have about their inventory to make sure that you are getting what you need, and nothing less.

Duration of Use
Many stair lift rental companies require that the customer rent the stair lift for at least 3 months. This is pretty standard practice because of how involved and labor intensive the installation and removal of stair lifts are. For most renters, this isn’t a problem. Some of these companies will allow you to buy the lift if you’ve decided that you will need it to be a permanent installation in your home, using some of the rental fees you’ve already paid to put toward the cost.

If you know that you are going to be needing a stair lift for many years to come, purchasing one outright can be the more frugal choice.

Finances
No doubt about it, purchasing a stair lift and having it installed is not cheap. Renting could be the best choice for those who know they won’t need the lift forever, particularly if their budget is on the tighter side. You can also enquire with the rental company to see about payment plans and options that can make renting even more affordable.

In the end, the choice between renting and buying a stair lift outright is up to you. You need to carefully consider all of the information above and avoid rushing into making any commitment with a stair lift company. If you take your time to find the right fit for your circumstances and finances, you will be fitted with a stair lift that will make your life easier and restore your vertical mobility.