Would you rent out your tools?

Hey DIY folks,

Question for you:

Would you ever use a service to rent tools directly FROM another individual?
Would you ever use a service to rent your tools directly TO another individual?

If either/both, what features would you want to see?

Thanks, trying to get some candid feedback from the DIY community.

Best Regards,
Daniel

100% x Hell No...

Only if your in business, purchased and insured the tools for the sole purpose of renting them out.

Can you spell LITIGATION?  You know that thing that involves LAWYERS, COURTS AND PAYING OUT $ to the guy that cut a finger off using the power saw that you rented to him. 

I've rented plenty of tools before, backhoes, bulldrozers, hammer drills, compactors etc etc from rental companies.  And EVERY one of them had me sign a "hold harmless" agreement.  So if I did injure myself, somebody or some thing else, IT WAS MY A** ON THE LINE, not theirs.

SORRY renting out my tools or renting tools from an individual doesn't work, in any way, shape or form for me.

I won't even let you BORROW any of my tools unless I'm helping you on a job, even then you better return them before I leave.

wow, the amount of fear the lawyers have instilled in some of us is borderline crazy. What ever happened to sharing a caring!!

Sharing and caring is for family and friends, but to all others concerning this matter it went out the window when there became too many thieves and con artist. Again, unless you are licensed and insured for this type of business your way better off keeping it to yourself.

You must be in with the OP??????

 I won't even loan a wrench to my best friend, let alone rent a tool to a total stranger.  I have too much money invested in them to let someone else break them for me. 

 The only time I rent tools is when it is something special that I just can't/won't buy (i.e. a ditch witch or a stump grinder, etc.), and there is no way I am going to rent them from Joe blow down the street, I'm going to a reputable rental company that properly maintains them.

My garage, my tools!!! So don't even ask!!!! If I need a Stump Grinder or Ditch Witch I will rent. I have loaned only one tool out to someone and that someone is a woodworker who didn't have a sander. But within a week I had gotten in back and sadly it was in better shape when it was returned than when I loaned it out. 

As to the litigation thing, I agree. Also I won't rent or borrow ANY power equipment from anyone other than a reputable tool rental purveyor not the guy down the street because I have no idea how and if he/she maintains their tools.

1.  Tool works great, returned in same condition as loaned.   Both you and borrower feel good.

2. Tool gets damaged.   Borrower feels bad and ponies up for repair or replacement.  An expensive loan for them.   he feels bad.

3. Tool gets damaged.  Borrower says it must have been ready to fail.  You both feel bad.

4. Tool gets damaged,  Borrow doesn't realize it, feels OK, you discover it and get burned and feel bad.

Damage can be something between chipped edge, broken parts, or downright destroyed (motor burned out, saw bent, etc.)

I don't loan tools.   For a good friend, I'll do the job for them.

My husband's tools are his prized possession. Being his wife he doesnt let me use his tools unless hes around watching me use it. I can't even imagine him lending it....