Would You Lease a Phone?

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If you’re a gadget geek and the thought of being bound to the same device for two years is scary, then a new startup is hoping to put you at ease, offering leasing options for the greatest tech toys. The company–New Jersey based Rentobile–offers phone leases to customers who want to try the latest toys while stuck in a lengthy contract, targeting the gadget-obsessed.

The service doesn’t come cheap. According to RCR Wireless, rentals cost anywhere between $20 and $50 monthly, with members who pay a one-time membership fee getting monthly discounted options.

Users of GSM devices can just pop their compatible SIM cards into the phone. CDMA users on Sprint and Verizon Wireless must either call the carrier or visit a store to have the rented phones activated.

The service–similar to a car lease program–is essentially Netflix for your phone. While costly, it could be beneficial to users who may want to try a phone before they buy it to ensure that the device fulfills their needs.

You can visit Rentobile to check out the devices they have to offer.

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About The Author
Chuong Nguyen