Why You Might Be Leasing Not Buying Your Next Couch

Online furniture start-ups such as Feather and Fernish offer customers the ability to rent furniture for as little as three months at a time, with the option to swap pieces during or at the end of a contract period if they're in the mood for something different.

It's also more affordable for people moving to a new state, which can cost between $4,300 and $4,800, or even moving down the street in most cities, which averages $1,250, Kaplan said. Feather customers"can get set up in a basic studio apartment for as little as $105 a month, or a basic 1-bedroom apartment for $150 a month."

Building on previous tests in several European countries, the company introduced a limited roll out of a B2B edition called IKEA Rental in six markets during 2021: Finland, Sweden, Demark, Norway, Spain and Poland. Having tested several contract options, including contract lengths, and banking partners, IKEA is evaluating the results before deciding on the next steps, Murbeck said.

Feather, which currently serves ten major markets across the U.S. including New York, Washington, D.C., San Francisco, and Los Angeles, lets customers switch furniture items even during a lease period if their space, needs, or aesthetic preferences change, offering one free swap to each residential customer, and additional changes with a fee. Roughly 14% of its customers currently use the swap option.

Inglis said she expects the trend of retailers offering refurbishing services to grow dramatically in the coming years.

That's ridiculous.

Somehow they claim this is more sustainable So moving the furniture in (on a truck) multiple times to different locations versus moving it to your place once per move is somehow more sustainable? I don't get it man

We've had rent-to-own parasites for decades. It's a shame that Ikea wants to get into that.

Yea no.

Not going to happen with kids and pets.

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