One excellent money saving method for college students is that of textbook rental. Rather than buying your textbooks and trying to resell them when you are done with them, you can rent your textbooks. This eliminates the financial guesswork. No longer do you have to worry about trying to resell your used books. No longer do you have to spend precious time finding a buyer for your used college books. No longer do you risk not being able to resell your books. Instead, you simply mail them back to the rental company after your class is over.
Because textbook renting is such a new and revolutionary idea, college students naturally have many questions. Today, I will answer seven of the most common questions.
How Much Does It Save?
Many students are skeptical. “Does renting really save much money?” Surprisingly, renting your college books instead of buying can actually save you hundreds of dollars. According to companies such as Chegg.com, BookRenter.com, and Campus Book Rentals (DFS Sponsor), rental books are often 50% to 85% off the list price. You have to remember, however, this is the savings when compared to a brand new book. The price drop when comparing a rental book with a used book, though still substantial, is not as large. For additional savings, check our June textbook rental coupon.
What Is The Quality Of Rental Books?
When I first heard about the concept of renting college books, I wondered what condition the books were in. After all, a book can only be rented so many times before it stops being usable. Looking around on the rental company websites, I found that books are only rented when they are in new or like-new condition. Specifically, rental textbooks do not have…
- Missing pages
- Worn text
- Excessive highlighting
- Missing Covers
If you do get a book that is in bad condition, most companies will gladly exchange it for you.
May I Highlight Or Write In A Rental Book?
Yes and no. Limited highlighting is normally allowed, but writing in a textbook is never allowed. Remember, they hope to rent this book again after you return it, so it should be in usable condition.
Are The Books The Same As My College Bookstore?
Because book rental sites allow you to search for textbooks by ISBN number, you will be able to insure that the textbook you rent is identical in content to the book in your college bookstore. However, supplemental CD’s, access codes, or study guides may not be included. If you get the wrong version by mistake, most of the rental companies will exchange it for free.
How Do I Return My Book When I Am Done?
Most rental companies have a very easy return policy. Simply place the book in the postage-paid box provided by the rental company and drop the package in the nearest mail drop box. It really is that simple!
Are There Any Late Fees?
Unfortunately, yes. Most rental companies charge a substantial fee for books which are postmarked past the due date. For instance, BookRenter.com says, “If your book is not postmarked by the end of your rental period, you will be charged 20% of the book’s list price and your rental will be extended by 14 days.” If you still do not return the book during the 14 days, they charge you even more, and the book becomes your property.
What If I Need To Keep My Book Longer Than The Rental Period?
Occasionally, you will find that the rental period is not long enough. Perhaps the class took longer than you expected or the book turned out to be a great reference volume. Most book rental companies offer many differerent types of rental extentions. For instance, Chegg.com offers these different extentions: fifteen days, thirty days, a quarter, and a semester. In addition, they also have a way to easily convert a rental into a purchase!
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