I just bought my wetsuit from my LKS (local kayak shop). I knew how it felt to swim in that particular suit, cuz I had used one in a self-rescue class through the shop. Purchasing the suit ($100) cost less than renting it a few times ($15 a pop) It is a kayaking specific suit: non-slip butt, padded knees, front and ankle zips, low neck.
But let's be honest here- I kayak more than I tri and I don't have a lot of money. (and what I do have I'd rather spend on my commuter-mobile
)
If I hadn't already known how the suit worked for me, I doubt I'd have bought it. It's hard to know how a wetsuit really fits until you get it into the water. (and I gave away my scuba wetsuit long ago, so I really did need to buy a new one)
Rent a suit or two until you find one you love. Then consider buying a new one of the same make. If you end up a size smaller by the next tri, good for you! Sell it on EBay or donate it to your local Team Survivor, and get the next size down.
A good wetsuit is a good thing to have. Like a pair of really good hiking boots. They open up opportunities. (Hike that mountain? Sure! Swim in that cold lake? Sure!)
"If Americans want to live the American Dream, they should go to Denmark." - Richard Wilkinson