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I do wonder if this is not the happy medium.

If someone wants to borrow my spanner for a few days perhaps I'll just sell it to them for the replacement price with the guarantee that I'll buy it back from them if it is returned in the same condition it was sold.



In finance those types of contracts are called swaps. So there is a precedent :)


Probably fine for a spanner, but puts a lot of risk burden on to anyone borrowing​ the item. Sometimes items just break from wear & tear.

Would need to come with insurance from some 3rd party :)




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