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Home / Technology / LG Flex: Rent Electronics, Own Later?

LG Flex: Rent Electronics, Own Later?

28 Jan

•

Summary

  • LG UK now offers monthly rentals for TVs, soundbars, and monitors.
  • Subscription terms range from one to three years with upgrade options.
  • Rental costs can exceed purchase prices within months.
LG Flex: Rent Electronics, Own Later?

LG has introduced a subscription rental program in the UK called LG Flex. This service enables consumers to rent LG televisions, soundbars, monitors, and speakers through monthly payments. Customers can select subscription periods of one, two, or three years, which influences their monthly costs.

Upon completing a subscription term, users have the choice to upgrade to a new device, continue renting, or return the rented product. A £50 fee applies for a removal service for TVs. LG states it will not penalize minor signs of wear, but significant damage may incur repair charges.

For instance, an 83-inch LG OLED B5 2025 TV can be rented for £93 per month on a three-year plan, but rental payments will exceed the £2,550 purchase price after 27 months. The cheapest item, a 2024 soundbar, rents for £22 to £76 monthly.

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LG Flex provides immediate access to electronics, offering an alternative to installment plans that may require higher monthly payments. However, the program is generally more expensive than purchasing outright over time. It is beneficial for those needing high-end equipment temporarily or seeking frequent upgrades.

This initiative reflects a broader trend of tech companies exploring rental models. LG previously launched similar programs for home appliances in Singapore and Malaysia. The company has also explored renting electronics in other regions, with the UK being the current focus for LG Flex.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
LG Flex is a subscription rental program in the UK that allows people to rent LG TVs, soundbars, monitors, and speakers through monthly payments.
At the end of a subscription, customers can apply for a free upgrade, continue paying monthly to keep the device, or return the rented device.
Yes, renting electronics through LG Flex typically becomes more costly than buying outright over time, making it more suitable for temporary needs or frequent upgrades.

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