Originally Posted On: https://www.earthlink.net/blog/renting-vs-buying-router-modem/

Is it Better to Rent or Buy a Modem and Router?

When it comes to saving money on your internet bill, one big question usually comes up: should you rent or buy your equipment, like a modem and router? It’s a decision that might seem small but can significantly impact your wallet, convenience, and internet experience.

To make things easier, we’ll break down everything you need to know. From understanding what modems and routers actually do, to weighing the pros and cons of renting versus buying, we’ve got you covered.

How Does a Modem and a Router Work?

First things first, what do modems and routers even do? If you’re not entirely sure, don’t worry. You’re not alone. Did you know that 43% of people don’t realize they need a modem for internet access, according to PCMag?

• Modem: Think of it as the “gateway” to the internet. It connects your home to your Internet Service Provider (ISP) and enables that magical internet connection.
• Router: This takes your internet connection and distributes it across devices, allowing you to use WiFi. Without a router, your connection stays wired, which is fine if you’re only using one device.

For those who have a single device and still use WiFi, it’s likely you’re using what’s called a gateway. This piece of equipment combines a modem and router into one device, making it a popular rental choice from ISPs.

Check out all the capabilities that a modems, routers and gateways:

Clearly, you can’t enjoy the convenience of a wireless internet connection without both of these vital pieces of equipment or a gateway, but the bigger question remains, should you rent or buy?

The Benefits of Buying a Modem and Router

Buying your own modem and router is a bit like investing in a piece of internet freedom. You get complete control, customization options, and you can potentially save money. But it’s not for everyone, and it does come with a bit of work upfront. Here’s what you should consider:

Why You Might Want to Buy:

• Save Money Over Time: Buying your own modem and router can pay off. Many people don’t realize that rental fees from ISPs range between $5 and $15 a month. Over a few years, the cost of renting can surpass the price of owning new equipment outright. If you stick with the same ISP for a while and don’t mind maintaining your gear, this option can save you a nice chunk of change.
• Customization Features: Owning your own equipment means you have the freedom to tweak your settings. Whether that’s enabling advanced firewalls or choosing better-performing hardware, customization is in your hands.
• Portability: If you move often or frequently switch between different ISPs, you’ll want to find equipment compatible with multiple providers. That way, you don’t end up using hardware that only works for one ISP.

Before You Buy:

However, it’s not all smooth sailing. Taking the plunge means doing a bit of homework:

• Research what specifications your ISP requires.
• Learn basic troubleshooting or be comfortable following YouTube tutorials. If something goes wrong with your gear, fixing it will fall squarely on your shoulders.
• Keep track of when upgrades or replacements are needed to ensure top performance.

The Benefits of Renting a Router

On the other hand, renting is like subscribing to convenience. Your ISP takes care of all the heavy lifting. From setup to troubleshooting and upgrades. Sure, there’s a small monthly fee involved, but for many people, the ease and peace of mind it offers are worth it.

Why You Might Want to Rent:

• Convenience and Easy Troubleshooting: If anything goes wrong with your rented equipment, it’s your ISP’s problem to fix. They can guide you through troubleshooting steps, perform remote diagnostics, or even send a technician to your home if needed. This is a lifesaver for anyone who doesn’t enjoy Googling error codes in their spare time.
• Always Compatible with Your ISP: When you rent from your ISP, you don’t have to worry about whether your equipment will work with their service. They’ll ensure everything is compatible, and if they update their technology, they’ll replace your current hardware for free.
• Sharing Made Easy: If you live with roommates, renting helps avoid awkward conversations about who gets the equipment if someone moves out. It’s a low-maintenance, low-commitment solution.
• Automatic Updates: Unlike buying, where you need to remember to update your equipment manually, rented hardware usually comes with automatic updates. Your ISP ensures it’s running its best and is equipped with the latest security features.

Why Renting Makes Sense for Many

For most people, the cost of renting outweighs the convenience of buying. Whether you’re not tech-savvy, frequently move, or simply don’t have time to think about your internet equipment, renting can save you a lot of stress. Plus, the average American moves more than 11 times in their lifetime, making renting an even more practical choice.

Which Option is Right for You?

It boils down to your personal preferences and lifestyle. If you’re the hands-on type who loves saving money and has the patience to research and troubleshoot, buying could be the way to go. It’s also ideal if you plan to stick with the same ISP for years.

But if the idea of researching specs and troubleshooting your own hardware makes you cringe, renting is likely your best choice. It’s straightforward, reliable, and comes with all the perks of letting someone else handle the tech headaches.

Still Have Questions?

No matter which route you choose, it’s crucial to ensure you have the best internet plan to match your needs. If you’re on the hunt for an excellent provider or want help deciding whether to rent or buy, call one of our internet experts today at 833-702-3152, because EarthLink has you covered. They’ll help you find the perfect solution for your home setup.

Your internet experience should always be fast, hassle-free, and tailored to you. Taking the time to find the right equipment strategy is the first step toward better connectivity. Happy surfing!