Q:

Are rent-to-own appliances new or used?

A:

Quick Answer

Many rent-to-own stores carry both new and used products for rent. In many cases, used products are previously rented products that were returned or repossessed from a previous renter.

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Full Answer

Some rent-to-own stores offer significant discounts on used or previously rented merchandise. However, it is wise to make certain that new items are, in fact, new and that previously rented items are in good condition before agreeing to rent from a rent-to-own store. Some rent-to-own stores have been accused of failing to disclose damage to previously rented items to customers before renting those items again, as reported by Consumer Reports.

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