If you wish to get your palms on nice TV know-how however don’t need to must fork out premium costs, there may be now a intelligent new strategy to get the most recent in dwelling leisure on a extra reasonably priced foundation.
TV titan LG has simply introduced LG Flex, the agency’s first subscription service within the UK that permits you to lease TVs, soundbars and displays on a month-to-month cost schedule with no upfront prices.
LG has partnered with tech lease firm Raylo to supply LG OLED TVs from £26.33 monthly, QNED TVs from £17.83 monthly.
You could possibly even choose to rent the big 75-inch QNED86 TV for £43.95 monthly. That display normally retails for £1,699. Meaning you would lease the TV for 38 months earlier than you’d paid the equal RRP – however, as with all Raylo leasing, you by no means personal the product irrespective of how a lot you’ve paid.
That is purely a hiring service, and isn’t the identical as paying off the price of a smartphone handset by way of a contract.
The service could possibly be useful if you’d like a TV for less than a brief period of time, or in case you are having an occasion. It is likely to be engaging to soccer followers with the lads’s World Cup arising who need the most important TV and greatest soundbar in the course of the event. Afterwards, the package could be simply returned.
“We all know individuals need higher alternative in how they benefit from the newest know-how,” mentioned Christina Sangmi Lee, Head of LG.com. “By partnering with Raylo, we’re in a position to provide a subscription expertise that meets the expectations of at present’s clients. We’re excited to convey LG Flex to market, providing extra versatile and reasonably priced entry to LG’s newest tech.”
“Electronics manufacturers are more and more transferring past one-time gross sales and towards subscription-first fashions,” mentioned Karl Gilbert, CEO and Co-Founding father of Raylo.
Raylo presents new and refurbished smartphones, laptops, tablets, video games consoles, watches, headphones and even desktop PCs, in addition to dwelling and wonder merchandise.
Leasing tech is gaining popularity together with buying secondhand and refurbished tech from firms reminiscent of Backmarket. Even cell companies reminiscent of Giffgaff and Samsung are actually promoting refurbished smartphones on to clients, providing a less expensive different to purchasing a brand new handset.
Whereas leasing just isn’t shopping for, it’s a mannequin that has existed within the automotive marketplace for a number of years, and LG’s partnership with Raylo might show a short- to mid-term manner so that you can get your palms on a few of the greatest TV tech round.

