Is it better to rent or buy a stairlift? Neither option is better than the other, as the choice depends on how long you need a stairlift, your finances, and customisation requirements.
To find out the pros and cons of renting and buying a stairlift, factors to consider, and the cost differences, continue reading.
What to Consider Before Deciding to Rent or Buy a Stairlift
There are a few key factors to consider before deciding whether to rent or buy a stairlift.
1 – Duration of Need
The amount of time you require a stairlift for is one of the most important factors to consider:
- Short-term – If you’re recovering from a recent injury or operation, which will only limit your mobility for a short amount of time.
- Long-term – If you have limited mobility all the time, perhaps due to age or disability that requires constant support in your home.
In summary, if you only need a stairlift for a few weeks or months and know your mobility will return, you should rent. However, if your mobility is not set to improve, the best and most cost-effective option is to buy one for long-term needs.
2 – Financial Position
The costs of renting and buying a stairlift are significantly different. While renting a stairlift is certainly the cheaper option, it can often end up costing more if your rental period lasts a while. Buying a stairlift outright costs more initially, but means you have constant access for as long as you need.
However, there are a few additional fees to consider before buying a stairlift, including repairs and maintenance, and longer warranty options beyond the free period.
3 – Customisation Requirements
If your staircase has a complex design or you require specific customisations, the most suitable option may be to buy your own stairlift. Additionally, custom-built stairlifts for curved staircases are often more expensive and not always available for rent.
Renting vs Buying a Stairlift: Pros and Cons
Both renting and buying a stairlift offer great options to aid mobility and regain independence.
But, like anything else, there are pros and cons for each — let’s take a look.
Pros and cons of renting a stairlift:
| Pros | Cons |
|---|---|
| Suitable for short-term mobility needs | Not suitable for long-term mobility needs |
| Lower upfront cost | Costs more overall if you rent for a long period |
| Try before you commit to buying | May end up costing more after renting and buying |
| No long-term commitment required | Fewer models and customisation options |
| Flexible to return | Never own what you’re paying for |
Pros and cons of buying a stairlift:
| Pros | Cons |
|---|---|
| Can sell it when you no longer need it | Long-term ownership burden |
| No ongoing payments | Higher upfront costs |
| Maintenance and repairs aren’t usually needed often | Ongoing costs for maintenance and repairs |
| A manufacturer’s warranty is often included for a year | An extra payment is required for a longer warranty |
| Hinged-rail options when staircase clearance is minimal | Space constraint |
Does Renting or Buying Cost More?
Renting costs less upfront, but buying works out cheaper if you need a stairlift long-term.
The costs of renting a stairlift are £100 to £200+ per month, whereas buying a stairlift costs:
- Straight stairlift – £1,700+
- Curved stairlift – £3,500+
- Reconditioned stairlift – £1,500+
Please note these prices are rough estimates only and will likely vary by location and manufacturer.
When is it Better to Rent or Buy a Stairlift?
Is it better to rent or buy a stairlift? If you’re still unsure whether renting or buying is right for you, our examples may help you decide.
Renting a stairlift may be the better option if:
✔️ You only need a stairlift for a couple of weeks or months
✔️ You are currently recovering from surgery, illness, or an injury
✔️ You have poor mobility that’s going to improve
✔️ You want to keep upfront costs as low as possible
✔️ You aren’t sure how long you will need the stairlift
✔️ You want to try a stairlift before committing to a purchase
✔️ You are helping a loved one who’s staying with you temporarily
Buying a stairlift may be the better option if:
✔️ You need a stairlift indefinitely
✔️ You have mobility needs that are permanent or unlikely to improve
✔️ You would prefer a one-off payment rather than ongoing fees
✔️ You have tried a stairlift and know that you want one installed
✔️ You are looking for a more permanent home adaptation
✔️ You want a solution tailored more closely to your needs
✔️ You have a complex staircase type
What is the Cheapest Way to Buy a Stairlift?
If you require a stairlift long-term, the cheapest way is usually to buy outright rather than rent. However, buying outright can be costly, and we understand that’s why many people end up renting for long periods to avoid the larger, one-off payment.
Consider some of our helpful tips to lower the cost of buying a stairlift:
- Choose a company with competitive pricing
- Spread the cost over time through financing options
- Buy a reconditioned stairlift instead of a brand-new one
- Check if you’re eligible for VAT exemption or the Disabled Facilities Grant (DFG)
- Buy a straight stairlift if your staircase allows it, as it’s cheaper than curved models
Find the Perfect Stairlift Solution at Halton Stairlifts
If you’re looking to rent or buy a stairlift, we can help. At Halton Stairlifts, we have a wide range of stairlifts available to rent or buy across the UK.
Our DBS-checked engineers will help you find the most suitable stairlift option for your mobility needs, financial position, and overall circumstances.
To find out more about our stairlift rental and buying options, please contact our friendly team.
FAQs
Can you rent a stairlift for a curved staircase?
Yes, many companies do offer curved stairlift rentals. However, availability can be more limited, and the cost can be higher due to the more complex, customised installation.
Are reconditioned stairlifts a good alternative to renting?
Yes, reconditioned stairlifts may be a good alternative to renting if you require a stairlift for a long period but want to try to keep upfront costs as low as possible.
Can I switch from renting to buying a stairlift?
Yes, most companies allow you to switch from renting to buying a stairlift. At Halton Stairlifts, we offer customers the choice to buy their rental stairlift at the end of their contract for a discounted price.
How long does it take to have a stairlift installed?
Straight stairlift installation takes a few hours, whereas curved stairlift installation can take longer (up to a few days), as a custom track must be designed beforehand.
Neil is the founder of Halton Stairlifts. He has years of experience installing stairlifts across the UK. With an eagerness to help those with mobility issues get up the stairs, Neil understands how important it is for a seamless and straightforward approach to installing stairlifts to help those in need quickly.
