Is It Better To Rent Or Buy A Modem Access

Leo did the math in his head. He planned on living in his current apartment for at least another two years.

Leo looked at the box. He liked the idea of "owning" his connection. "And if I keep ?" is it better to rent or buy a modem

"I’m trying to figure out if I’m a genius or an idiot," Leo said. "I’ve been paying $15 a month to the cable company for three years. That’s $540 for a box that probably costs $80 to make." Leo did the math in his head

"Can I help you find something?" a blue-vested employee asked. He liked the idea of "owning" his connection

The employee, Sarah, nodded knowingly. "The classic 'Rent vs. Buy' dilemma. It usually comes down to whether you want a landlord or a toolbox." "Explain," Leo said.

"I'll take it," Leo said, grabbing the box. "I'd rather own the toolbox than pay rent on a hammer."

"Then the cable company is your landlord," Sarah said. "If it breaks, you walk into their office, swap it for a new one, and it costs you zero extra dollars. They’re responsible for keeping it compatible with their network. You’re paying for the 'not my problem' factor."