The theory is simple: instead of buying a household item or a piece of clothing or some equipment you might use once or twice, you take it out and return it.
This is the best summary I could come up with:
Warm coats, swimming costumes, sleepsuits, sandals – all can be borrowed for a monthly subscription from any number of services such as Bundlee, Lullaloop and thelittleloop, amongst others.
Clothes rental for children is one of the latest chapters in how “libraries of things” are becoming an increasingly common way to save money, space and waste.
“In summer we see a lot more garden items being used: strimmers, hedge trimmers, lawn mowers, tents for adventuring, ice cream makers and gazebos for barbecues,” says Trevalyan.
“Our data shows we’re increasingly opting to shop second-hand, or rent items for a short period of time, rather than buying outright.
Not that I would have ever spent that much - the clothes I borrow from brands such as Bobo Choses and Tinycottons are much pricier than I’d ever be able to justify, which is part of the service’s appeal.
Meanwhile, companies such as Baboodle let you hire bulky equipment - for example, travel cots, bouncers, buggies and high chairs - so that after a few months of use, you won’t need to buy a semi-detached home with a garage to store it all.
The original article contains 873 words, the summary contains 188 words. Saved 78%. I’m a bot and I’m open source!
This is a terrible summary, it feels like you just summarized the first 3 paragraphs.
It’s good enough for its method: selecting sentences from the article using some mystery algorithm without any use of machine learning
Growing up, there was an association in my area for common ownership of different types of machinery and other equipment for its members. You paid something like $10 a year, and for that you got to borrow all kinds of things you might need as a home owner, like a wood chopper/splitter, high pressure washer, trailers, leaf blowers, cement mixer, scaffolding etc.
I always thought that was brilliant.
Renting stuff makes sense, but there are still lots of inherent problems with tool libraries and the like.
They’re great for a carpet shampooer or chainsaw you need once a year, but if you actually want to fix and build stuff around the home then booking a tool, taking perfect measurements, hauling your stuff over to a tool library, building it, hauling everything back home to check it, is simply an infeasibly onerous process. The instant you make a mistake and need a different tool, or check a measurement, etc, you’re wasting hours of time, which is most often the biggest limiter for home projects anyways.
You also don’t get to learn on the same tool and build up instincts and understanding of how it behaves.
You had it, then you lost it. It’s for those things you need only once a year or two years or never again.
Libraries of things should be state run and free at point of use. They should also be integrated into communities in a way that makes them easy to access. Instead of everyone having a lawn mower, you check out an electric mower once a week, on a date that you’ve reserved it, and the entire community uses it, or if in a large community, your immediate neighbors use it, and then it’s returned for the next people to use it.
Libraries of things should not only be for things you use once a year. They should be for just about everything that you don’t use every day.
Usafruct >>>>>> UsusFructisAbusus.
I don’t see how going to the library is such a big hurdle? The closest library to me is less than ten minutes drive, and on the way to a lot of stuff. I don’t know this seems like a kind of insane objection. If you’re poor, it’s not like you’re just gonna spend $200 on a new tool anyway because you can’t. In my experience I’m more likely to just try to make do with the crappy alternative I have available.
This take just seems really privileged. The biggest barrier for a lot of people isn’t the time - it’s affording the tools in the first place.
I think you ahve a fundamental misunderstanding on how the tool libraries and stuff work…
I’m conflating a tool library and a maker space but the same issues apply to both. Either way, for home projects you end up with a whole lot of extra transportation.
None of this was about a maker space either
Cool beans bro, learn how to read a full comment and you’d see the part where it doesn’t matter since theyre basically the same and have the same drawbacks.
No, conflating them doesn’t make any sense. You bring home the tool from the tool library, and you bring it back when you’re done. It’s one extra trip vs. going to the hardware store to buy the tool. The concerns about mismeasurements and extra trips don’t apply.
You’d have a point if the thread were about maker spaces, I’ll give you that. As it stands, though, I’d say your concerns are misdirected.
You cut the first piece, realize you actually need a different type of saw for the next cut, it’s booked out, now your project is indefinitely delayed.
They are similar because in both cases you are sacrificing resiliency (multiple copies of a resource), for efficiency (a singular shared copy).
A tool library is still a great idea / resource for when you’re doing a project and need one weird tool that youll never use again, but most people who do any real amount of DIY over their lives will want their own set of tools that cover most of the bases.
Counterpoint: You go to the store to buy the saw you think you’ll need, come home, cut the first piece – boom, same realization. Same time-sink to go back to the store. I don’t think that’s a concern unique to tool libs.
need one weird tool
Well, yeah. We’re talking more expensive things that you only need for one project, or maybe a couple of times. Not the screwdriver set that you use for everything from box-cutting to adjusting the screws on your cabinet doors when they seem wonky.
I mean if you’re trying to learn to be a competent handyman or build a bookcase maybe yeah, but I just need a screwdriver set for like 30 minutes to put something together.
Now a multi screwdriver is something you can buy.
ok this is an amazing idea
This sounds neat until it’s run for profit.
How would that ruin it?
In a purely profit business, you price things based on how much people are willing to pay for them.
That translates into things never being priced as being “worth it”, but almost worth it, and definitely not worth it for people with tighter budget
Modest profit isn’t an issue, but most businesses of more than a certain size accumulate MBAs like some kind of parasitic fungus. They then proceed to wring out as much money as possible in the short term while destroying the business in the long term.
If it’s just a local guy making 5% or so a year off his one rental shop, that’s no problem.
Competition solves this.
The problem is maintaining competition. Another thing those MBAs salivate over is the idea of buying out the competition, and their squeeze-the-company-dry method can give them just enough money for just long enough to buy a competing business to run into the ground when the original one starts to give out. Like I said, parasitic fungus: move to a new host as the old one dies. Keeping them from spreading can only be accomplished by stronger government regulation than many people seem willing to see in place, alas.
Yeah pretty much. There are behaviors that are profitable but not good for the community.
There is a business in my town. There’s probably one like it in your town. They rent power equipment. Anything from pressure washers to bobcats to bouncy castles. And as a man who has needed to drill precisely 8 holes into a concrete slab in 37 years, there is a genuine value proposition in renting a hammer drill for an afternoon compared to buying one.
Rentals seem extremely expensive in my area. $100/day for a shitty 4" wood chipper, $300/day for 6" chipper. For some tools, it’s often about the same price or cheaper to buy a tool from Harbor Freight than to rent.
same price or cheaper
Ah, but is it? A quick search shows wood chippers ranging from $400 to $2400. If they’re renting out the $400 model, yeah, you come out ahead by buying even if you’re only chipping things on two weekends (and you could resell on craigslist or something).
But if they’re renting out a $2000 model, I’m not sure how fair it is to compare to the $400 model (I’m not a wood chipper expert).
Wood chippers might be a bad example. I’d think if you need one, you need one multiple times – chipping branches every fall at a cabin, things like that.
But overall, yeah, you make a good point that the rental prices can change the tipping point in rent vs. buy.
Sorry, I was unclear. Chippers are not the tools I was thinking of that would be cheaper to buy (a low quality version of) than rent. Was thinking more about stuff like torque wrenches and rotary hammers. Chipper rental prices were just one thing I was looking at recently that seemed way out of line with what other people from other regions were paying.
Ha, fair enough. Yeah, a quick search shows low-end torque wrenches available for like $25. It’s hard to see a rental making sense at that scale.
This week’s rental for me:
- hammer chisel, 24h, about $70 canadian.
- E20 excavator, 8h runtime but over the weekend, around $500 with delivery and fuel
Not going to buy those things or pay someone to operate them. It’s a good deal.
We’ve got this & a local option!
There’s a local store that rents outdoors gear (climbing stuff, camping supplies etc), it’s for profit and it’s great. Would be way cooler if it were a library, but the local business is totally affordable and easy.
I’ve used it several times. My friends and I plan an outing and plan supply pickup/dropoff as part of the outing.
So, the key is to run your business for loss. Wait, that’s called a charity, not a business. How is this thing supposed to work?
Libraries don’t make a profit, AFAIK. Non-profits and co-ops are things too.
There’s a company in Brentwood Tennessee and online that rents very expensive camera lenses.
So you can borrow a $3000 lens for say $200 for a week.
Many of the libraries in my area have all kinds of rental things you can check out! Books, audiobooks, music, video games and movies of course. But they also have a whole tools and homegoods section. Need a weirdly shaped pan for a 1-time birthday cake? Check it out and return it when you’re done. Need a drill to hang shelves in your new apartment? Same thing. It’s pretty awesome. For me personally I love to bake, but I simply do not have room for every type of pan. I only make angelfood cake once a year or so, and those pans are huge. I just use the library one and then I don’t have to store the thing all year!
If you haven’t been to your local library in years, you should make a trip there. You might be surprised what they have these days!
Our library in the last place we lived (Midwest of the US) let you take pans from their large collection of cake pans. It was actually really useful.
Of course a Midwestern library has a cake-pan collection.
There is a “tool library” sort of service (for profit) operating in my area. The prices are absurd—people are charging like $20/day for a tool that would cost $100 new, or half that used on craigslist. My projects often span multiple days, especially if there’s an unforeseen delay—which there always is because I’m a good engineer but a shitty carpenter.
I don’t use the service. I’m all for communal ownership but it still has to make sense.
There is a “tool library” sort of service (for profit)
Wait I am confused
library
Alright got it.
(for profit)
What
Ok….Why is everybody using the world “library” like it is an even remotely compatible concept with a for profit rental business??!
Is this just capitalism trying to purposefully destroy any meaning behind the word “library”?.
If your service is to rent tools out to places you are a tool rental company not a “tool library”. You would be a tool library if you were a community governed non-profit that let people borrow tools for essentially no money.
sigh it makes me so cynical how clearly libraries would never have been allowed to exist in a time as nauseatingly conservative and capitalist as this if they weren’t already old and boring concepts, the media, corporations, centrist democrats and republicans would all lose their mind about libraries being too radical of a concept if a leftist proposed them as an idea now.
:(
It’s a for-profit service that people use to rent-out, and rent-in their tools. Not a true library so to speak but seeks to accomplish the same. Except that people charging $20/day to rent their battery-powered Ryobi drill is absurd.
It’s a for-profit service that people use to rent-out, and rent-in their tools
So yes this is the same old shit as labeling Uber or Lyft a “ridesharing app” instead of calling it what it is, a taxi service.
The correct name for this type of entity would be a consignment & rental store.
This kind of thing has NOTHING to do with libraries whatsoever in structure but more importantly in intended function and community impact.
Agreed.
Note that the featured rate in the article is “Another rented a planer at £11 a day to fix two doors in her flat after being quoted £245 for a handyman to come in and do the three hour job”.
quoted £245 for a handyman to come in and do the three hour job
Power tools, hand tools, clothes, batteries, heavy painters cothes, gloves etc… do not make the job.
The skill of the handyman who can quickly and efficiently deduce an effective solution (described vaguely by a couple of photos and a description over the phone by someone who doesn’t know shit about the problem they need solved) to a carpentry/handyman repair and do it within 3 hours is what makes the job.
People often make the point about learning home repair as a way to save money, and true it definitely is a necessary skill to some degree as a home owner unless you have a lotttt of money… but learning to do your own home repair really isn’t “saving money” so much as simultaneously devaluing your free time AND labor time to the point that all of the incurred debt is inscribed into your body and lost time with your family or friends rather than in invoices for repairman. This leaves me hesitant to call doing a significant portion of home renovation yourself ON TOP of holding down a full time job “saving” anything even if it helps keeps monetary expenses down.
It’s not a fair comparison then is it? $80/hr is an expensive but not outrageously so handyman, plus they have their own tools to purchase and maintain and other business operating overhead (fuel and transportation maintenance) etc.
DIY—if you’re able—is always less expensive.
Rent-to-Own has always been a scam predicated on people too poor to enjoy a stable life.
Hopefully you have an actually competent and accurately-priced makerspace near.
I should start my own rental thing. I tend to buy what I need for DIY projects and I’m on the build up of tools phase. I can pretty much build my own house if I wanted, or fix anything in my car. So I got a number of toys just catching dust most of the time. But toys are fun.
“Honey there’s no way I’m letting you pay $200 for that bookshelf I could build myself, once I buy $150 in materials and $700 in tools”
People who own tools tend to build more then one thing.
That’s true, but there’s plenty of people like myself who buy heaps of tools with the intention of building all the things but just never get around to it.
Not sure if dystopia
It’s dystopic if most can only afford to rent what they always need. IMO being able to rent something you rarely need is a good thing.
I’d much rather have my car for day to day driving and rent something with more space the few times I need to move something that won’t fit in my car. Even better would be to have ride share programs to use for medium loads and reliable mass transit for trips where I don’t have much to move.
Even better would be that Arcimoto MUV thing. Sadly it appears they went bankrupt
Cool
Looks a lot like a BMW prototype I saw almost 20 years ago. I kept hoping they’d bring it to market, but I guess it’s safe to give up on it by now!
They brought it to market for six glorious years but couldn’t achieve mass-production and spent way too much on a ton of SKUs most people don’t want before they basically went bankrupt.
These things always fail because ultimately it’s just a motorcycle with extra garbage.
And how is that a bad thing?
No one wants it. The people that are comfortable in a car don’t want to be outside and will replace their current car with another car. The people with a motorcycle don’t want it because they already have a bike. The cyclists would rather just have a cargo bike. Ultimately, there’s no market for these things, so they always, always fail.
Ultimately, people would rather buy a Caterham than one of those stupid things for about the same price.
There is a roof. People aren’t getting exposed. There are also optional door coverings I’ve seen.
The rest of your argument sounds like it works against any new vehicle purchase, not to mention the added comfort this has over many bikes. At around $19000, the FUV is cheaper than any of these silly, roofless and less capacious Caterhams you’ve linked. Not to mention gas prices.
it’s not dystopic in the sense that companies are selling tools to people who don’t need tools for an extremely prolonged time.
That would be fucking dystopic, being forced to buy tools you don’t need, because it’s the only option to get them.
It’s the cracks in dystopia. Good things that would be awesome without dystopia but wouldn’t start without dystopia. Public libraries are a relic of the gilded age dystopia for example
Quite the contrary: it reduces wasteful consumption and reducing consumption is a requirement for Ecological recovery.
I would say that buying for very infrequent use or for a temporary need something which can be used with no problems for much more than that, is wasteful consumption at a systemic level - there should be alternatives.
Sure, owning your own personal high powered professional drill satisfies the greedy animal inside, but it’s not exactly wise of justified for most of us even just at a personal level. Ditto for quite a lot of other things.
The drive to own lots of shit isn’t healthy, both in a personal sense and in a systemic sense (including but not limited to Ecological), though it sure makes a ton of money for those who own most Productive Assets and all the ones is supporting areas such as Money Lenders, that most humans act as Consumers only limited by the maximum indebtness they can get into with their income.
Even if people can afford to own tons of things they barelly use, it would actually be better for everybody if that wasn’t common.
The only dystopia element of this is that in Late Stage Neoliberal Capitalism people are being pushed to rent because of the miniscule and worsening share of the wealth produced that workers get - or in other words, shit salaries whilst investment income has never been this good - as they can’t afford to own anymore, rather than because of a shift in the way people thing and them actually wanting to rent rather than own.
This is great! I’ve rented things from home improvement stores, and it’s often half the price of actually buying said thing. Hopefully this can get the price down a bit.
You’re literally saying you are happy paying half the price and not owning anything.
You could have at least bought the tools new and sold them after for a net maybe 5% loss…
Sometimes it’s better than the alternative. If I only need a thing once and I likely won’t ever need it again (e.g. a chainsaw when I cut down trees in my backyard a few years ago), I’m willing to make the trade-off. If I bought it instead, I’d still sell for half price and need to spend the time selling it. It’s a wash either way, so I’ll do the easier thing.
I’ll buy other things that I’ll use occasionally. For example, I own an angle grinder, which I’ve used a handful of times. If it was cheaper to rent, I would. But home improvement stores are in the business of selling tools, so they want to increase rent enough that people will lean toward buying instead of renting.
He said the exact opposite.
You do not understand that capitalism and markets are not the best solution for everyone, do you?
Seems like renting with extra risk and steps
Yeah if I see a “used once” tool on Craigslist, I’m not paying 95% of retail for it
Time and effort to sell is also cost
What the fuck is this rent-a-center propaganda?
How stupid are we?
Stupid enough to wake up in this world. It didn’t happen in one day.
Pretty dumb. I thought this would be about lending libraries -_-
Tf are both you talking about. The article talks about Tool Libraries and The Library of Thing at length. It name drops a few subscription services for reused baby clothes and kids toys but those are still temporary items people need.
Rent-a-centers core business model consists of predatory loans for household appliances that you need continuously. This article talks about rentals for things you only need for a short period of time.
Subscriptions are just as predatory. I won’t applaud them.
They can be, sure, but they can also be a really good deal. If I know I’ll need a certain amount of something on a fixed schedule, I can subscribe to it and save money. This helps reduce costs for suppliers because they have a better idea of how much stock they need on hand, so they’ll want to encourage you to subscribe with discounts.
Subscriptions are bad when there’s some form of lock-in, such as a fee for breaking the subscription, or if the cost is arbitrarily high without the subscription because of a lack of competition. I dislike digital subscriptions in general because of this, since you’ll lose access to all of the content you’ve enjoyed to that point.
But subscriptions to consumables are fine by me.
There is a tool library near me and it is $45/yr. It’s amazing. These are really good services and this comment section has no idea what it’s talking about.
Hmm. It sounds to me you just don’t want to acknowledge when you’re being taken for a ride.
But hey, to each their own.
Businesses want a lifeline to our wallets, which is why subscriptions and renting are pushed on useful idiots.
I feel like digital software subscriptions have stigmatized subscriptions in general. Subscriptions are great for things that require constant investment to be meaningful. One subscribes to news and receive constant reporting on the latest news; one subscribes to a tool library and get access to nearly every tool one can need. Plus a large part of the article is about non-profit libraries anyway.
The problem is that you’re renting access to something you’re not actually consuming.
Once you stop paying, you lose access and have nothing to show for it. They still have your money, though.
This is different than, say, paying for electricity which is consumed and no longer available for either party after consumption.
Sorry bud, you’re defending being scammed.
Plus a large part of the article is about non-profit libraries anyway.
Nice talking point just to cover your bum from shilling.
“We can share books if you pay me to maintain the book sharing system via a non optional tax.” Universally loved system.
“We can share tools if you pay me to maintain those tools via a non optional tax.” A niche program most libraries have.
“We can share tools if you pay me to maintain those tools via an subscription where I have a profit incentive.” Literally 1984 and late stage capitalism.
Yep.
Everything as subscription.
Yeah it is seem to be cheap now, until you become dependent on it.
On the flip side, when you lost your job, cancel your home subscription and become homeless.
Ubik was right
Oh, I assumed this article was going to be about public libraries. Often public libraries will have things for checkout, like gardening or cooking equipment. Yeah, this is somewhat distopian. These companies will probably make bank off of this. It should be public. We need a larger library system for much more things.
We need a larger library system for much more things.
Private Equity goes REEEEEE!
I remember when corner stores rented DVDs, this could be another business for them. But…since they haven’t adopted it I guess it really isn’t that profitable. Power tool prices have come down in price and size.
Not sure I agree that it’s dystopian. Imagine how much less waste there would be. People with less crowded storage/garages/houses with less junk they use rarely. Like, I have this scroll saw I’ve used for like one project. Why the fuck do I own this thing?
Reduce. Reuse. Recycle.
I guess so, but I just see this going in the direction of not wining anything and needing a subscription service. They end up costing a lot more and nearly killing off alternatives.
What could go wrong with depending on such a service? The things up for rental here are only things that have to be frequently changed or used just once or twice. I don’t expect to subscribe to more permanent things as part of the expansion of tool rentals. Yes, some like Adobe have already adopted subscription for permanenty things, but that’s different from this topic.
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Priced out of living in communities where you have friends and family to share things with? Hooray! Now you can pay us for that stuff in addition to your increased cost of living!
/c/orphancrushingmachine
I don’t think all friends and family own all these stuff either. And this really does save money. The machine here is at most consumerism, incentivizing us to pay extra and own everything we’ll use for like at most a month, which I think is too far of a stretch.
Well put. It’s preventing waste and excess for sure. It just seems like a manufactured problem from pushing us apart.
Curious what goods you don’t think friends would have back in the day from your perspective
They pay a subscription for this… Home Depot and Lowes have similar programs that only require a deposit when you borrow the tool, which is refunded when you return the tool. And it’s not even a super expensive deposit. But it is only tools.
Rent-a-Center is still a better service, since you could eventually own the thing.
Home Depot and Lowe’s charge you out the ass for tool rentals…what are you talking about
It only cost me $50, which I got back, to rent a table saw for a day. The big machines, like a backhoe, are expensive. The smaller tools ain’t shit; most are under $50 for a day.
Home Depot would prolly go outta business in that case heh
Agreed w/checking the receipts per the other commenter
Huh? You’re getting your money back? I’ve rented things from Home Depot and there’s a security deposit you get back, but you still pay to actually rent the tool.
I think you’re mistaken…they refund security deposits, but there is a separate fee that scales with how long you keep the equipment. Maybe go back and check your receipts
I guess it’s easy to be cynical, but no, this is not at all orphancrushingmachine material