Renting clothes helps to avoid the hassles of long-term clothes ownership such as mending holes, dry cleaning, and rotating them inside out every 3,000 miles. Give bare skin a new paint job with today's Groupon to Rent the Runway. Choose between the following options:

• For $20, you get $40 worth of high-end rental dresses and accessories.
For $50, you get $125 worth of high-end rental dresses and accessories.

Featured in a slew of media outlets from the New York Times and Access Hollywood Live to rachelzoe.com and Women's Wear Daily, former Harvard schoolmates Jenn Hyman and Jenny Fleiss started Rent the Runway so that fashionable shoppers on a budget could afford to sport glamorous designers. The company rents out slinky selections from its huge inventory through an easy-to-follow process. Customers reserve dresses and accessories for four or eight days through the online calendar, wear them to their special occasion, and send them back in a prepaid package when finished. To avoid fitting issues when sneaking confidential documents out in the bodice of their dress, each renter receives a backup size for free and, if so desired, a second style for the same dates for an additional $25.

Rent the Runway's team of professional stylists and closet curators assemble their inventory from more than 145 designers using a practiced sense of trends and a divining rod enchanted by Madonna. Rifle through the catalog of ravishing guises for such finery as the Jenn's Jaguar Dress by Dolce & Gabbana ($75) or the Cyclone dress by Hervé Léger ($150), then pair it with a Genesha bangle by Kenneth Jay Lane ($25). Dresses can be searched by color, length, and neckline or by the type of occasion, such as nights out, holiday parties, or the final round of sorority Double Dare.