High-end rentals: live the luxury life at a portion of the cost

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luxury lifeHave you ever wondered what it’s like to live like the wealthy do? What would it be like to fly in a private jet or wear a different designer dress to each event you attend?

Now you can find out, thanks to high-end rental sites that purport to give you a taste of luxury at a fraction of the cost. These sites are doing more than just offering you the chance to wear designer brands or have high-end experiences. They offer you the chance to feel as though you are the one percent.

Websites that offer luxury goods for rent

The Internet provides savvy shoppers with discounts on almost everything, from books to groceries. In recent years, though, a new trend has been on the rise. The “rental” economy is one that is becoming more popular. The rise of streaming services like Netflix and Hulu mean that you don’t need to purchase movies or TV shows to enjoy them. Pay a monthly fee, and you can access everything in the video library. This same model is available for other media, like Spotify for music and Kindle Unlimited for books.

The trend has also migrated to other goods. Gwinnie Bee promises that you can rent new outfits throughout the month, and Pley does something similar with LEGO bricks and sets for children. But what if you want something high-end? Well, there’s probably a website for that, too. Here are some of the websites that offer rentals on luxury goods:

Eleven James: This website specializes in renting out high-end watches. You might be forgiven for thinking that watches are going out of style, thanks to the fact that your cell phone can fulfill that function. However, watches are becoming status symbols and accessories. A site like Eleven James allows you to try different watches for a few months, allowing you to switch it up. Prices start at $199 per month and reach as high as $1,379 per month. For some, though, paying a few thousand dollars a year to access several high-end watches beats spending tens of thousands of dollars for one watch that you might get tired of.

Rent the Runway: This site allows you to rent designer clothing each month. You can select up to three items at a time and wear them as long as you want. If you want something different, you need to send back an item. This site includes clothing and accessories. Pricing starts at $99 per month. That’s a small price to pay when you consider that one designer dress can cost more than $1,000.

Bag Borrow or Steal: You can’t get unlimited items for a monthly fee, but you can rent high-end bags. You lease a luxury brand bag or purse for a month, and if you keep it, the rental fee is automatically renewed. You can send the item back in after a month and choose another item. With the rental fee, you have the potential to borrow several designer handbags for a fraction of the price involved when you buy one. Rentals start for around $100 per month.

NetJets: Use this website to rent a private plane. You can pay for an hourly rental, a monthly lease, or use some other fee structure (including partial ownership) to get access to a private jet. Owning your own jet can offer a prohibitive cost, but if you fly frequently, you might want access to a private arrangement. You can decide how many flight hours you need per year to meet your needs, and choose a plan that meets those needs.

Gotham Dream Cars: Starting at $18,000, you can get access to a fleet of exotic cars in certain cities. When you consider that a single exotic car can cost upwards of $50,000, it doesn’t seem so far-fetched to get access to several of them for less than $20,000. This site also offers experiences driving different exotic cars, starting at less than $300, depending on the activity you choose.

Some of the apparel sites allow you the option to purchase something you like for a discount after you’ve tried it. So, if you like something, you can own it. However, it’s important to remember that what you’re buying isn’t brand-new; it’s been worn by plenty of others before you.

Do you want to live a luxury life?

Of course, these sites are aimed at those who want a taste of the luxury life, or who want to be able to project a certain image. For those who might not be able to afford to stock a closet with three new designer dresses each month, a service like Rent the Runway makes sense. You still get to wear those designer dress, but at a fraction of the cost (you just have to send them back if you want different dresses).

In the end, it’s about what matters to you. If being able to show others that you are wearing a high-end watch is important, or if you want to fly in a private jet but can’t afford to buy one, there are solutions that can help you put on a one percent image for a fraction of the cost.