Rent or buy?
Renting costs less than buying until you have used a thing for about its price new divided by its rent per day. Here is that number for ten things people in Bengaluru often rent.
Questions
When is renting cheaper than buying?
When you would use the thing for fewer days than its price new divided by its rent per day. For most cameras, consoles and projectors that is two to four months of use.
Where do these prices come from?
Lumo's catalogue: the typical rent per day for each model in Bengaluru and an estimated price new. Owners set their own prices on each listing.
Is there a deposit when I rent?
Yes, shown on each listing. Lumo holds it, never the owner, and settles it after the owner confirms the return.