If you rent a movie on iTunes, Apple should offer to let you pay the difference between the rental price and the purchase price to actually own it. If you rent a movie on iTunes, they should offer to let you pay the diff to fully buy it within the 48 hr rental period.
Similarly, you may ask, when I rent a movie from iTunes where is it stored?
Movies you rent from iTunes can only be stored on one device at a time. Movies downloaded to an iOS device or Apple TV cannot be moved to your computer, but movies you rent on your computer can be moved to your iOS device by syncing your iOS device with iTunes.
Beside above, can I rent a movie on iTunes and watch it offline? Once the download is complete you can watch it without an Internet connection. However, an Internet connection to the iTunes Store is required to authorize playback or activate the 24 hours time-limit of movie rentals. So, you can be offline and start the movie if it has been downloaded.
Furthermore, what happens when you buy movies on iTunes?
When you buy a film on iTunes, you don’t really own it. Essentially, you only own a license to watch it indefinitely on iTunes until such a time as the content provider ends their deal with iTunes and removes their product from the store.
How many times can you watch a rented movie on iTunes?
You have 30 days to start watching a rental from the exact day and time you rent it. If you don’t start watching a movie within 30 days, you must rent it again. Once you start watching, you can watch it for 24 hours (in the US) or 48 hours (elsewhere). There is no limitation on the viewing times during the 24/48 hours.