Renting computers is retarded. If you own a small business, leasing computers can make sense. You preserve precious capital, are able to upgrade more frequently and often get tech support from the leasing company.

When you're a consumer, though, renting is usually a terrible idea, especially if you're renting to own. Because there's usually no credit check, you get the worst possible terms on an overpriced computer. At the Van Nuys Rent-A-Center, a middling Dell computer rents for $39.99 a week for 62 weeks, or a total of $2,479. (The cash price is $1,100.)

Your alternatives? Head back to Craigslist. Check with friends who are upgrading to see whether you can buy their old units. Or check out eMachines, which specializes in low-cost computers. A brand-new desktop with monitor costs as little as $480. You could save $40 a week for 12 weeks and own it outright. (Here are the low-cost favorites of the editors of PC World, all under $750.)

Yeah computers are obsolete so quickly it would be dumb to do that. i agree

Many people often do not consider the long term issues when renting or charging anything. Take the mortgage crisis in the US for example. All of these people were so quick to over buy with loans that were destined to bite them in the end.