Just in Time for Christmas: Toy Rental Service

Toy Rental Service

Can you afford a toy rental service?

If you were to come over to our house you’d definitely know we have kids.

The toys would quickly give us away.

While it’s not quite a romper room (as I like to call it sometimes), we have a few toys strewn about in the living room and kitchen.

We have more toys in our girls’ rooms, in the playroom, and in the garage.

Although we have lots of toys, Mrs. PT has a good solution she uses to keep the toy clutter somewhat under control and at the same time keep our girls interested in the toys.

She moves the toys in and out of use. A toy rotation, if you will.

Our Toy Rotation

When our girls get a new toy, a few of the old ones’ are stored out of sight and only brought back into the scene when the new toys have lost their luster. If a new toy flops right off the bat, she’ll rotate a bit sooner, I suppose.

She also gets rid of toys that are no longer needed (or won’t be used by younger siblings). Her method of disposal varies from donation to resell to trash.

I love this system because:

  1. Our girls remain interested in playtime.
  2. The house is less cluttered.
  3. The toys last longer.
  4. We spend less on toys.

Now that I’m done bragging on my wife, I’d like to tell you about an online business that is trying to help customers achieve some of the same goals as my wife’s system.

Online Toy Rental Service

I recently stumbled onto an article about a toy rental business called Toygaroo that will allow you to rent a batch of toys for a monthly fee (Netflix style). They have multiple plans to choose from, with the cheapest starting around $25.

A company called BabyPlays does the same thing at a lower monthly fee. They also give you the ability to just rent one toy at a time for around $5.

I did some quick research on the rental process of these companies and answered some of the sticking points:

  • Yes, they clean the toys.
  • Yes, you can keep a toy that becomes a favorite – you’ll just need to buy it at a discounted price.

I guess what you’re really paying for with this service is convenience: you don’t have to go to the store to buy toys; you don’t have to list the toys for sale when you are done, nor do you have to stow them away for future use.

As for whether it’s worth it, well, we certainly don’t spend $25 a month on toys. Not even close. So, paying $25 or more for this service isn’t going to fly for us. But I can see how some parents who regularly load up on a hundred dollars worth of toys a month might see this as a way to save money.

A toy co-op might be something we might use. Although we don’t know of one in the area, we’ve heard of these in other cities. For now I guess we’ll stick to Mrs. PT’s toy rotation system.

What about you? Could you see yourself using a toy rental service or co-op? Would you consider renting toys for Christmas this year?

Image by Ernst Vikne



Last Edited: March 8, 2014 @ 11:03 pm The content of ptmoney.com is for general information purposes only and does not constitute professional advice. Visitors to ptmoney.com should not act upon the content or information without first seeking appropriate professional advice. In accordance with the latest FTC guidelines, we declare that we have a financial relationship with every company mentioned on this site.
About Philip Taylor

Philip Taylor, aka "PT", is a CPA, financial writer, FinCon CEO, and husband and father of three. He created PT Money back in 2007 to share his thoughts on money and to meet others passionate about managing their finances. All the content on this blog is original, and created or edited by PT. Read more about Philip Taylor, and be sure to connect with him on Twitter, Facebook, or view the Philip Taylor+ Google profile.

Comments

  1. Very interesting concept. I hadn’t heard of it but think it is a good idea. Kids get sick of toys and outgrow them anyway, so why not rent them instead? I would consider it.

  2. Mike Holman says:

    I’d be happy to rent out some (or most) of our toys. We just have too many of them! 🙂

  3. Never heard of a toy rental service. Not sure if I would use it, need to get kids first…

  4. Stephanie Coviak says:

    How about borrowing toys from the library? New toys each week or so! Our not too large library has puzzles, puppets, science kits, video games, board games, even LeapFrogs!

  5. Teresa Deckert Taylor says:

    @s stephanie – that is awesome! I wish our library offered that! We do get to borrow all kinds of books, cds, and videos though!

  6. Stephanie Coviak I definitely like that idea. In the post we mention co-ops that share toys. I’ve never heard of a library doing it. Pretty cool.