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Musical Instrument Rentals vs Buying: Which Is Better?

A group of children students young musicians boys and girls with musical instrument rentals

When it’s time to go back to school, many parents wonder whether buying or renting a musical instrument for their child will be better. There are some advantages to both musical instrument rentals and purchasing an instrument. 

Benefits of Musical Instrument Rentals

Swap The Instrument As Your Child Grows

When you rent a musical instrument for your child when they are young, one of the biggest benefits is that once they grow out of that size, you can upgrade them without having to purchase a new instrument. When your child starts playing violin, for example, they will be using a much smaller version than what an adult would play. Violins come in quarter size, half size, three-quarter size, and full size. Just from age 6-11 a child could need each of those sizes. Buying one each time they grow can become expensive. 

Try Before Your Buy

Young children might think they will love playing one instrument, and over the course of 1 year in band, they may decide they would prefer to play something different. Musical instrument rentals allow for the flexibility of changing instruments, especially if your rental company offers month-to-month terms. They could even switch mid-year if they wanted to. Kids are more likely to practice and enjoy band if they’re playing the instrument they want. 

Maintenance Is Included

Many musical instrument rentals come with a maintenance and protection plan that will keep your instrument in perfect working condition. Many businesses prefer to operate this way because it encourages the renter to bring the instrument in for repair at the first sign of trouble rather than avoiding the additional cost for a potential repair. 

Rent and Accrue Purchasing Credit

You accrue credit for each month you rent the instrument, that can be applied to a purchase when the time is right for you and your student! This gives you the ability to take advantage of all the perks of musical instrument rentals, and have the freedom to choose when to purchase!

Benefits of Buying an Instrument

Greater Sense of Commitment

When your child knows that they own their instrument, it may give them a greater sense of commitment and ownership over their musical journey. Students who are a bit older may feel a connection with their instrument, and as playing progresses to more advanced techniques, sometimes it is good to know your instrument well and play the same instrument year after year.

You Can Buy A Brand New Instrument

Buying a brand new instrument isn’t necessary, but if you find one on sale, you may want to snatch it up. Musical instruments tend to have decent resale value, especially if you have purchased a high-quality or professional-level instrument. You may look at the instrument as an investment that could be sold later (as long as it was taken care of). 

Rent or Buy Musical Instruments from CIOMIT 

CIOMIT has instruments both for rent and for sale. Our CIOMIT Instrument Rent+ Program offers ownership credit, maintenance & protection, instrument swaps & size exchanges, month-to-month agreements, and more. 

Benefits of The CIOMIT Rent+ Program

CIOMIT has designed our Instrument Rent+ Program to provide many benefits you may not get from rent-to-own plans. From the moment you sign up for a rental, we want to make sure you know what you are paying for and the value of the instrument. 

Rent to Try

Trying a new band Instruments? CIOMIT believes that students need the freedom to try out various instruments until they find one that they connect with and enjoy playing. Being able to rent to try also gives parents the flexibility to choose when its the right time to commit to an instrument purchase or continue to rent. 

Free Exchanges

Students who use the Rent+ Program have the freedom to exchange instruments as often as necessary until they find the one that suits them. This is perfect for young students who will quickly outgrow their violin or guitar or aren’t sure which instrument is right for them. There is no need to worry about penalties for exchanging. 

Month to Month

Many parents are happy to learn that Rent+ is a month to month agreement. Renters can stop at any time by simply returning the instrument to the store. Easy as that! (Just be sure to return the instrument before the next billing date.)

Accrue Purchasing Credit

With Rent+ you will accrue purchasing credit during your rental period. As rental payments are made, you can apply up to 18 months of those payments toward the purchase of a brand new instrument that is student level, performance level, advanced level, or even a professional level instrument. 

Flexibility Toward Ownership

There are various options for those who want to work toward owning their instrument. Aside from accruing purchasing credit, renters who decide to purchase their instrument in the first 6 months of their rental agreement will receive a 20% discount on the price of the instrument. Those who decide to purchase in the first 12 months receive 15% off. You have the freedom to decide which of these various options works best for you, your child, and your budget. 

Family Benefits

Once you are part of the CIOMIT family, you get perks! You can trade in an instrument you already own from CIOMIT and put its value towards the purchase of a new instrument that is a performance, advanced, or professional level. CIOMIT is honored to be able to support a musician’s growth from beginners to professionals!

Maintenance and Protection

When you sign up for a rental, you only need to pay one maintenance and protection fee, which covers almost any accidental damage to an instrument, as well as regular service and maintenance to maintain the instrument in excellent playing condition! Full cleanings and service of instruments generally start at $95, however this is all included and covered under this agreement.

Contact CIOMIT Today For Your Instrument Needs!

Whether you are ready to rent or purchase, CIOMIT has a variety of instruments to fit your needs. Visit the website, stop by the store or give us a call at 303-663-4084 to find the perfect instrument for you or your child!