Weddings: Renting vs Buying
The wedding industry is huge nowadays. Some people spend a year’s salary on this one-day event plus honeymoon. According to a Time article, the average cost of a wedding in the United States was about $31k. Thirty-one thousand dollars. That is a full time job at like $15/hour wage after taxes. The expenses are huge, but one thing that tends to be skimped on is the suits and tuxedos for the wedding. How many weddings have you been to where it looks like the groom is swimming in a tuxedo. Not just the groom, but the groomsmen, ushers, and father of the bride too. So why rent vs buy?
Pros and Cons of Renting:
There are a few pros to going the renting route. First off, it’s relatively inexpensive. Spend one to two hundred on a tuxedo and turn it in the next day. No big deal, get a wide variety of colors to choose from to match relatively close to your wedding colors. Also, not everyone needs a tuxedo. Why buy something you won’t wear more than once? Unfortunately not many wedding dresses work that way. Spending a couple thousand on a dress you wear once sounds awful,but it’s a common occurrence. It’s “her day” after all, right?
The cons are about equal. It’s definitely a win-lose situation. The suits rarely ever fit. Too baggy, too long. You know why? It has to fit everyone. That suit is worn more than fifty times by other men somewhat close to your size. The one-size-fits most mentality destroys the suit’s appeal. I see nothing but horrible wedding pictures, mostly because the suit that doesn’t fit ruins the photos. The dress looks amazing, the suit detracts from it. Another con, some of those tuxedos and suits are just hideous. Black tuxedo with bright polyester vests with blaring contrasts are just super gaudy and horrid, in my honest opinion. If you do not return that suit the next day by a certain time, then you’re charged late fees. Late fees on a suit you wore for one day that cost you a couple hundred dollars. Fortunately, the renting industry is making a good turn with companies like theblacktux.com or menguin.com or Tip Top Tux here in the Kansas City area. I have yet to try them on myself, but I’ve been hearing good things about the fit.
Don’t be these guys.
Pros and Cons of Buying:
Okay, so I’ll probably be a bit biased here as I sell custom men’s wear… Every man needs at least ONE good suit in his wardrobe. A good suit looks just as good as a tuxedo at a wedding. Easier on the eyes when color matching with the wedding colors. Precise color matching, no “let’s get as close as possible” when it comes to connecting your soon-to-be-bride’s favorite colors. Customization goes a long way. Not only is it a long term investment (a good quality suit can last YEARS if taken care of and stored properly), it’s also going to fit you like it should. That results in amazing photos, videos, and memories of your wedding day. Plus, every time you wear that suit, she’s going to remember that day. Keep that hankie handy to help wipe those tears of joy from her smiling visage. As someone who does networking and attends business professional functions around the city, a good suit that fits well gets you noticed by everyone. You will have more people approach you and speak to you with a little more respect and reverence. As for tuxedos, if you attend a lot of black tie events, masquerade balls, or charity functions, buying a slick tux might be a good move for you and your business.
Now to the cons… some people freak out at the price of custom suits. I personally don’t see this as a problem if you look at the price vs quality vs wear count. A suit you rent and wear once at low quality polyester or wool mix may cost you $100-$300. A suit you buy that costs $800+ will be of high quality wool that you could wear 200+ times. Also, there is the time it takes to create the suit. A made-to-measure suit may take 3-4 weeks to be completed and shipped so plan accordingly. Order a few months beforehand at least. If you are outfitting the whole crew, groomsmen and beyond then you definitely want to think 6 months before the wedding.
Ultimately, it comes down to your wedding budget. What you can and can’t afford. What you absolutely need for the wedding and what you don’t. That choice is yours, just make sure you double check the reviews and quality of what you choose to rent or buy.