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The 'Sparetoolz' App Eliminates the Need to Buy New Tools

 - May 22, 2019
References: sparetoolz & betalist
The 'Sparetoolz' app is a sharing economy solution that will provide consumers with a way to easily access the tools they need on a sporadic basis without the need to buy them outright. Positioned as a rental marketplace for tools, the app works by letting owners of tools rent them out when they aren't using them to make a bit of extra money or perhaps even help to pay for them. This prevents expense tools and equipment from sitting dormant in garages for extended periods, while also allowing DIYers to access them in a low-cost way.

The 'Sparetoolz' app speaks to the rising popularity of rental services as consumers opt to borrow rather than buy larger ticket items to save time and money.