Tool rental is a thing (I don't imagine many people own their own cement mixer for example.)
I recall my grandfather having (decent) tools sitting in his garage. Neighbors/relatives often borrowed tools in those days.
To be a little more nuanced though, some tools don't benefit from "quality" versions. Perhaps an angle grinder is a good example. (The consumable grinding disk is probably the place not to cheap-out.) Maybe the cheap one is fine.
But other tools, like a wood plane, you're going to have a bad time if you cheap out on those and wind up with steel that doesn't hold an edge for example.
(Though I kind of wouldn't want to loan out a nice hand plane of mine to someone that might not worry as much as me about hitting a nail in a board they're planing.)
Tool rental is barely a thing. And then only for larger tools. I've done that before for larger items like extension ladders and air compressors but for smaller stuff no one actually rents those. If I need to plane one piece of wood then I'll buy the cheap tool. Good enough.
I recall my grandfather having (decent) tools sitting in his garage. Neighbors/relatives often borrowed tools in those days.
To be a little more nuanced though, some tools don't benefit from "quality" versions. Perhaps an angle grinder is a good example. (The consumable grinding disk is probably the place not to cheap-out.) Maybe the cheap one is fine.
But other tools, like a wood plane, you're going to have a bad time if you cheap out on those and wind up with steel that doesn't hold an edge for example.
(Though I kind of wouldn't want to loan out a nice hand plane of mine to someone that might not worry as much as me about hitting a nail in a board they're planing.)