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Would You Rent One of Your Tools?

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Forum topic by JD77 posted 11-08-2019 08:28 PM 1404 views 0 times favorited 51 replies Add to Favorites Watch
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JD77

92 posts in 700 days


11-08-2019 08:28 PM

Topic tags/keywords: tool rental question

I have been asked by a family member if I would like to rent any of my tools to others via his app. I’ve seen several apps along similar lines renting other items, houses, cars, just about anything you can think of. The idea of making a few bucks back is appealing, but I have my doubts. Now, obviously it wouldn’t be for the stationary shop tools, I think more handyman tools. Ladders, painting supplies, yard tools, circular saw, etc.

I’m perfectly willing to loan something out to a friend, but this is a bit outside of my comfort zone. I’ve guess I have been thinking about what tools I would be willing to lose. I believe there is insurance coverage for losses, so maybe I just don’t have the right mindset, but its all rather new to me.

Does anyone have any experience with this? Is it something you would consider for yourself? Are there any good tool candidates that I might not have thought of? Assuming you could “interview” the potential renter, would you rent a specialty item like a Bowlsaver (bowl corer)? I’m just looking for ideas and thoughts to pass on to my family member. Thanks for your input.

Note: I have intentionally not included the name of the app since I’m really just looking for advice and not advertising because I haven’t even decided if I will use it myself, let alone endorse it. If you are interested in which app it is, we can message, but there seem to be several others as well.

JD77


51 replies so far

View mike02719's profile

mike02719

293 posts in 4796 days


#1 posted 11-08-2019 08:44 PM

My opinion is this is a baad idea. My compliment of tools hand, power, and stationary represent a lifetime collection. I acquired them, cleaned and repaired them, take good care of them and I cherish them. Not many people treat rented tools like they would their own, ask any tool rental place. I have rented a chin saw because I would not use my own for the task that needed to be done. Consider the lawsuit that could result if someone was injured by one of your rentals. Have no doubt, if someone is seriously injured, expect a visit from a lawyer. Good Luck and let us know how you make out.

-- Mike, Massachusetts

View Knockonit's profile

Knockonit

767 posts in 1212 days


#2 posted 11-08-2019 08:59 PM

there are stores that rent tools, mine stay with me, just saying
Rj in az

-- Living the dream

View controlfreak's profile

controlfreak

1782 posts in 612 days


#3 posted 11-08-2019 09:02 PM

I loaned my table saw and miter saw to an employee to use. The miter saw blade teeth were now rounded instead of a sharp point. He brought the table saw back with the blade up and I thought to myself that’s odd to move a saw with the blade extended. Later when I lowered it I could see that it was covering the marks where he moved the rip fence into the spinning blade. Me, I think it is a bad idea to rent/loan tools to people that 1) Do not understand how to properly use them. 2) don’t treat them as well as the person that actually paid for them 3) may damage the tool or themselves.

View HokieKen's profile

HokieKen

16686 posts in 2149 days


#4 posted 11-08-2019 09:13 PM

If I were considering this, I would purchase separate tools rather than loaning out my users. So, in order to be interested, I would have to be convinced that it made financial sense with the cost of new tools factored in. Also, like mike said, insurance could be an issue too. In short, I don’t think I’d be interested.

-- I collect hobbies. There is no sense in limiting yourself (Don W) - - - - - - - - Kenny in SW VA

View MrUnix's profile

MrUnix

8422 posts in 3209 days


#5 posted 11-08-2019 09:15 PM

Q: Would You Rent One of Your Tools?
A: No.

Cheers,
Brad

-- Brad in FL - In Dog I trust... everything else is questionable

View PaulDoug's profile

PaulDoug

2481 posts in 2714 days


#6 posted 11-08-2019 09:50 PM

Why would I rent my own tool, it is already mine, bought and paid for. I would not rent it to someone else either.

-- “We all die. The goal isn't to live forever; the goal is to create something that will.” - Chuck Palahniuk

View ChuckV's profile

ChuckV

3357 posts in 4538 days


#7 posted 11-08-2019 10:02 PM

I would never do this. My first reaction was exactly what mike02719 said about liability in the first reply. Somebody will do something very stupid, get hurt and sue you for providing a tool without the “Anti-Idiot” safety feature working properly.

-- "Join the chorus if you can. It'll make of you an honest man." - I. Anderson

View Mike_in_STL's profile

Mike_in_STL

1386 posts in 1544 days


#8 posted 11-08-2019 10:03 PM

No.

-- Sawdust makes me whole --Mike in STL

View Redoak49's profile

Redoak49

5094 posts in 2999 days


#9 posted 11-08-2019 10:06 PM

NO..NO..NO..NO..NO..NO

and I do not loan my tools PERIOD

View JayT's profile

JayT

6419 posts in 3221 days


#10 posted 11-08-2019 10:07 PM

The stores I work for do rental. When customers sign for the rental they are signing in part that we are not accountable for injury due to user error. We still pay a lot for liability insurance. ‘Nuf said.

-- https://www.jtplaneworks.com - In theory, there is no difference between theory and practice. In practice, there is.

View Smitty_Cabinetshop's profile (online now)

Smitty_Cabinetshop

17230 posts in 3629 days


#11 posted 11-08-2019 10:08 PM

No way. Well, let me think about it… okay, there: No.

-- Don't anthropomorphize your handplanes. They hate it when you do that. - OldTools Archive -

View wildwoodbybrianjohns's profile

wildwoodbybrianjohns

2657 posts in 558 days


#12 posted 11-08-2019 10:09 PM

Gawd no.

-- WWBBJ: It is better to be interesting and wrong, than boring and right.

View MSquared's profile

MSquared

1152 posts in 925 days


#13 posted 11-08-2019 10:17 PM

Uh, .... No!

-- Marty, Long Island, NY

View MrRon's profile

MrRon

5994 posts in 4254 days


#14 posted 11-08-2019 10:47 PM

To rent my tools, no, never. To lend to a friend or relative, would be a judgement call. If I thought an inexperienced person might abuse one of my tools, then no.

View MSquared's profile

MSquared

1152 posts in 925 days


#15 posted 11-08-2019 11:01 PM

+1^^ My brother, my nephew, skilled friends, someone who has mentored me over the years? Yes. I’d ‘lend’ them. They know how to use them properly and safely. My son is learning at this point. I will set him loose on my tools when I’m satisfied that he knows the ropes. Rent? Never!

-- Marty, Long Island, NY

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