How Rent-to-Own Lawn Mowers Actually Work

Getting a powerful zero-turn mower can completely change how you manage your lawn, but the high price tag can be a major hurdle. If you’ve seen rent-to-own options, you might be wondering if it’s a smart way to get the equipment you need now. This guide breaks down everything you need to know about the process.

What is a Rent-to-Own Mower Program?

A rent-to-own agreement, sometimes called a lease-to-own plan, is a straightforward way to acquire a lawn mower without buying it outright. Instead of a large one-time payment, you make smaller, regular payments over a set period. During this time, you are technically renting the mower. Once you complete all the payments outlined in your agreement, ownership of the mower transfers to you.

This is different from traditional financing. With a loan, you own the item from day one and are in debt to the lender. With rent-to-own, the store owns the mower until your final payment. A key feature of many rent-to-own plans is the flexibility to return the item at any time without further obligation, which isn’t possible with a standard loan.

These programs are especially popular for higher-ticket items like zero-turn mowers from brands like John Deere, Cub Cadet, and Toro, which can easily cost several thousand dollars.

The Step-by-Step Process for Renting to Own

While the exact details can vary between companies, the general process is consistent and simple. Here’s what you can typically expect when you decide to pursue a rent-to-own lawn mower.

1. Find a Participating Retailer

Many different types of stores offer these programs. Some are large home improvement retailers like Lowe’s or The Home Depot, which partner with third-party lease-to-own companies such as Acima, Progressive Leasing, or Katapult. Other options include dedicated rent-to-own stores like Aaron’s or Rent-A-Center, which may also carry lawn and garden equipment.

2. Choose Your Mower

This is the fun part. You can browse the selection of available mowers. If you’re looking for a zero-turn model, you’ll likely find options from well-known manufacturers. Pay close attention to the mower’s features, deck size, and engine power to ensure it meets the needs of your property.

3. Complete the Application

The application process is usually quick and is a major reason people choose this path. Most rent-to-own programs advertise “no credit needed.” This doesn’t mean your credit history is completely ignored, but it does mean that a low credit score won’t automatically disqualify you. They typically look at other factors, like income and banking history, to determine approval. The application can often be completed in-store or online in just a few minutes.

4. Review and Sign the Agreement

This is the most critical step. Before you sign, you must read the agreement carefully. It will outline:

  • The Payment Amount: How much you will pay each week or month.
  • The Payment Schedule: The total number of payments required to own the mower.
  • The Total Cost: The sum of all your payments. This number will be higher than the retail price.
  • Early Purchase Options: Details on how you can buy the mower early for a reduced total cost.
  • Return Policy: The terms for returning the mower if you can no longer make payments.

5. Take Your Mower Home

Once the agreement is signed and any initial payment is made, you can take the mower home and start using it immediately. You’ll then continue making your scheduled payments until the term is complete.

The Major Advantages of Rent-to-Own

Rent-to-own programs exist because they solve specific problems for consumers. Here are the primary benefits.

  • Accessibility Without Credit: This is the biggest advantage. If you have a challenging credit history or no credit at all, traditional financing can be out of reach. Rent-to-own provides a pathway to getting essential equipment based on factors like stable income instead of just a FICO score.
  • Immediate Use: When your old mower breaks down in the middle of summer, you don’t have time to save up for a new one. Rent-to-own allows you to get a high-quality zero-turn mower right away and solve your problem immediately.
  • Fixed, Manageable Payments: The payment schedule is predictable. You know exactly how much is due and when, making it easier to budget for the expense without the risk of fluctuating interest rates.
  • Flexibility to Return: Life happens. If your financial situation changes unexpectedly, most rent-to-own agreements allow you to return the mower and cancel the contract. You’ll lose the money you’ve already paid, but you avoid further debt or damage to your credit.

The Disadvantages and What to Watch For

While rent-to-own offers clear benefits, it’s crucial to understand the drawbacks to make an informed decision.

  • Significantly Higher Total Cost: This is the most important consideration. Because you are paying for the convenience, flexibility, and lack of a credit requirement, the total amount you pay will be much more than the mower’s retail price. For example, a \(3,500 zero-turn mower could end up costing you \)5,000 or more by the end of the payment term. Always calculate the total cost before signing.
  • No Equity Until the End: You are renting the mower until the very last payment. If you make 11 out of 12 payments and then stop, you will likely have to return the mower and will not receive any money back. You only gain ownership after fulfilling the entire contract.
  • Read the Fine Print: Agreements can contain important details about late fees, processing fees, or specific terms for the early purchase option. Make sure you understand every part of the contract before committing.

Is a Rent-to-Own Zero-Turn Mower the Right Choice for You?

This option isn’t for everyone, but it can be the perfect solution for some. Ask yourself these questions:

  • Do I absolutely need a new mower right now? If your current mower is unusable and your lawn needs immediate attention, the speed of acquisition is a major plus.
  • Is my credit history an obstacle to traditional financing? If you’ve been turned down for loans or credit cards, rent-to-own is a viable alternative.
  • Can I comfortably afford the weekly or monthly payment? Be realistic about your budget. While the individual payments are small, they add up over time.
  • Have I compared the total cost to other options? If you have decent credit, a store credit card or a personal loan will almost always be cheaper. If you can wait, saving up to buy the mower with cash is the most affordable option of all.

A rent-to-own plan makes the most sense for someone who needs a quality mower immediately, has limited access to traditional credit, and has the steady income to handle the payments.

Frequently Asked Questions

What happens if I miss a payment? Most companies have a grace period, but if you continue to miss payments, they will likely arrange to retrieve the mower. This is why it’s important to understand the company’s policy on late payments and defaults before you sign.

Can I buy the mower early? Yes, most agreements include an early purchase option. Often, there is a significant discount if you buy out the contract within the first 90 or 100 days. The discount decreases the longer you wait, but it can still save you money compared to making all the scheduled payments.

What brands of mowers are typically available? You can often find the same top brands you would see at any major retailer. This includes popular zero-turn manufacturers like Cub Cadet, Toro, Husqvarna, and John Deere, depending on the store’s inventory.