Discovering the latest in technology can be a costly endeavor, especially when it comes to obtaining the newest smartphones. However, there is an alternative to traditional purchasing or long-term contracts: leasing. One innovative subscription service leading the way in electronics leasing is Raylo, a London-based B Corp certified company. Raylo offers a range of electronic devices, including smartphones, tablets, laptops, smartwatches, and more, from top brands like Apple, Samsung, Google, and others. This unique subscription model allows users to access premium devices at lower upfront costs, with the flexibility to upgrade without ownership obligations.
Technology is constantly evolving, and staying up-to-date with the latest devices often means facing high initial expenses or committing to lengthy network contracts. However, services like Raylo provide a different approach by offering consumers the option to lease electronic devices instead of purchasing them outright.
What is Raylo?
Raylo is a subscription-based service that allows individuals to lease a variety of electronics, including smartphones, tablets, laptops, smartwatches, and even home and beauty products like vacuum cleaners and hair dryers. Operating similarly to popular streaming services like Netflix, Raylo delivers the chosen device to the subscriber’s doorstep for a specified period.
Leading brands available through Raylo include Apple, Samsung, Google, Lenovo, Sony, Nintendo, and Dyson, with options for both new and refurbished devices. Subscribers can select fixed-term leases ranging from 12 to 36 months or opt for a rolling monthly contract for added flexibility. At the end of the lease, the device is returned to Raylo, eliminating the need for long-term ownership commitments.
Instead of the traditional model of purchasing a device through a mobile network provider, Raylo separates the hardware cost from the service plan, offering consumers a more affordable way to access the latest technology without significant upfront expenses. The company operates under regulated consumer credit agreements, which may require a credit check for approval.
