Depends on your situation. Bank financing typically costs less overall because interest rates are lower than rent-to-own premiums. But bank loans require a credit check, an approval process, and you're taking on debt that shows up on your credit report.
Rent-to-own skips all of that. No credit check, no application, no debt on your record. And if something changes down the road, you can return the building and walk away. You can't do that with a bank loan.
If you've got good credit and don't mind the paperwork, a bank loan might save you money. If you want flexibility, simplicity, and no credit hassle, rent-to-own is hard to beat.
