Why Hardware Subscription Services are the Next Big Thing

Categories: Hardware subscription
Posted: April 26, 2023


From content subscription plans to car leasing packages, short- to long-term rental services have introduced convenience and an inexpensive form of ownership into our lives without requiring a hefty initial investment. This product leasing model is applicable to devices such as laptops, smartphones, and even earphones. In fact, it may become the industry’s next big thing as consumers and businesses turn to these temporary solutions for their IT gadget needs. How does this work and why is it gaining popularity?


Learn More: Which Is Better? Buy Now Pay Later Or Hardware Subscription Service


1.Offers Better Value

Due to technological advances and the constant addition of new features, IT gadgets today have increasingly expensive price tags. Finding an affordable laptop, tablet, or smartphone is no longer a simple task. In such circumstances, hardware subscription services offer a low-cost solution; instead of purchasing your own products with a large sum of money, it lets you pay a small recurring monthly or annual fee in exchange for them. At a huge fraction of the original price, you gain access to a fully functional device, which will be yours to use until you decide to cancel your subscription.


2. Get the Latest Tech Devices

IT gadgets may begin to show signs of slowing and ageing within two to three years of consistent use, some software may also become outdated. When your lease contract is up, it could be time to upgrade to a newer model. Certain companies may also require equipment updates to ensure accessibility to the latest programmes for efficient operations.

A hardware subscription service lets you get hold of the latest, most functional tech devices at a reduced price. For example, you are free to lease another newer, faster, and cheaper laptop while the old one is returned to the rental company.


3. Predictable Monthly Expenses

Leasing packages charge a fixed, predetermined fee that allows you to budget and manage your cash flow more efficiently every month. Although set payments must be made regularly, forking out a huge amount of money is not necessary. Cash flow is crucial to everyone, business or consumer, and hardware subscription frees up a sum, allowing you to reinvest into your business or other personal uses.


4. Flexibility and Scalability

Hardware subscription services allow you to freely upgrade your tech equipment whenever required, depending on your needs. This flexibility lets you easily replace your old devices with new, advanced versions at a single request. It also means that you get to lease gadgets with sophisticated technology that are otherwise unaffordable, for your business or your own needs.


5. Repairs and Replacements are Covered

When IT equipment is leased from a supplier, they are not owned by you. Therefore, any repair, maintenance, or replacement of these items will typically be covered by the subscription company. 

Unless the damage is caused by any mishandling on your end, companies usually do not require compensation.


Repairs and Replacements are Covered

Gone are the days where we only buy gadgets when we need them. Today, leasing services offer economical rental options to help us access devices at a low cost.

Are you on the search for an affordable hardware subscription service in Singapore? ITEZ offers a variety of devices including laptops, tablets, and smartphones at a small monthly fee with no deposits required. Start subscribing today.