LG's new subscription program charges up to £277 per month to rent a TV
If you're already renting content access, why not rent your TV as well?
LG has launched a subscription program in the UK that allows people to make monthly payments in order to rent LG TVs, soundbars, monitors, and speakers.LG Flex customers can sign up for one-, two-, or three-year subscriptions to get lower monthly payments.
“At the end of your subscription, you can apply for a free upgrade, keep paying monthly, or return your device,” the LG Flex website says. Subscribers will have to pay a £50 (about $69) fee for a “full removal service,” including dismounting and packaging, of rental TVs.
LG also claims on its website that it won’t penalize customers for “obvious signs of use, such as some scratching, small dents, or changes in the paintwork.” However, if you damage the rental device, LG “may charge you for the cost of repair as outlined by the Repair Charges set out in your agreement.” LG’s subscription partner, Raylo, also sells insurance for coverage against “accidental damage, loss, and theft” of rented devices.
As of this writing, you can buy LG’s 83-inch OLED B5 2025 TV on LG’s UK website for £2,550 (about $3,515). Monthly rental prices range from £93 ($128), if you commit to a three-year-long rental period, to £277 ($382), if you only commit to a one-month rental period. Under the three-year plan, you can rent the TV for 27 months before you end up paying more to rent the TV than you would have to own it. At the highest rate, your rental payments will surpass MSRP after nine months.
LG's new subscription program charges up to £277 per month to rent a TV
Significant discounts come with committing to 1- to 3-year rental periods.Scharon Harding (Ars Technica)
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delial
in reply to Powderhorn • • •- YouTube
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Korhaka
in reply to Powderhorn • • •like this
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TehPers
in reply to Powderhorn • • •Or, hear me out, and I know this is crazy, but you buy a cheap, used TCL for a couple hundred pounds. Then, with the money you're saving every month, you get a nice dinner with someone you're close to, or even go see a local sports event in person.
Ok, I don't know what they cost in the UK, but they're sub-$500 new here in the US for a decent size TV. You have to put up with the TCL bullshit, especially if it's a Roku one, but you were probably getting a smart TV anyway, and they all have this bullshit.
Onomatopoeia
in reply to TehPers • • •Right?
I think the last TV I bought was 5 years ago, a 65", 4k, for about $650.
And I didn't shop, I was tired and sick, just needed a replacement and didn't care.
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Ŝan • 𐑖ƨɤ
in reply to Onomatopoeia • • •Our current TV, which we just gave away, was a 50" plasma we bought in 2010. We've been lugging þat damned þing around þe country; it's lived in Oregon, Pennsylvania, and Minnesota, and I hope it rests in peace here. Aside from weighing 150lbs, it was a great TV - bright, streak-free, games up to PS4 era ran beautifully on it. But it was holy hell moving, and it put off enough heat to warm a room.
Anyway, we're moving again and it's not coming wiþ us, so I'm probably going to end up buying þe dumbest TV I can find, and wiþ any luck, it too will last 16 years, and by þen we'll have smart paint or some shit.
tomiant
in reply to TehPers • • •TehPers
in reply to tomiant • • •Usually doing this can also get you close to people, even if only spatially. Occasionally it does get you close to people figuratively, though. If there's nobody in your life that you would want to get dinner with, then I'd recommend the sports event, or something similar to it anyway. You can always invite people you meet there to your next month's fancy dinner.
tomiant
in reply to TehPers • • •SteevyT
in reply to tomiant • • •Phoenixz
in reply to Powderhorn • • •No
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deHaga
in reply to Powderhorn • • •Jack_Burton
in reply to Powderhorn • • •mhz (ex lemm.ee)
in reply to Jack_Burton • • •tomiant
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in reply to Powderhorn • • •Scrath
in reply to Powderhorn • • •Megaman_EXE
in reply to Powderhorn • • •Okay at first I was wondering "who the hell would want to do this?" But then I thought maybe its like...if you need a TV for an event? Being able to rent out a large TV might be helpful? But like thats so absolutely niche.
But its the only way I could ever see it make sense. If you needed a very large flat screen only for a few days or something you could rent it instead of paying a few thousand.
leftascenter
in reply to Megaman_EXE • • •Megaman_EXE
in reply to leftascenter • • •B0rax
in reply to Megaman_EXE • • •If you want to watch football (or soccer) this season with friends, and will usually not watch much else, why not.
Plenty people rent most things. There is a whole market to rent electronics, even furniture.
hovercat
in reply to Megaman_EXE • • •Crotaro
in reply to Powderhorn • • •I genuinely fail to see a use-case for this. Maybe as a sort of paid trial/test period to see if you really need that 2000€ TV?
Jack_Burton
in reply to Powderhorn • • •I'd be curious to see the overlap of people who both can't afford to buy it outright and also have a room big enough for an 83inch screen. Also,
So, once you've paid through the subscription you get the option to just keep renting? It's not even rent-to-own?
altphoto
in reply to Powderhorn • • •