What is rent to own and how it works
Renting to own with Mobimed Rentals
Enjoy the flexibility of renting to own with Mobimed Rentals! All lease renewal payments go towards ownership. After you receive your order, the periodic rental payments will start. Rent it as you go, own it with the final payment or early buyout, or return & cancel the monthly contract anytime. With Mobimed Rentals lease-to-own financing, we purchase the merchandise up front so we own it. You take it home and lease it from us until you make all your payments.
- Apply & Get Approved: Up to $2,500
- 20% Down payment
- Set Up Payments: Make an initial lease payment
- View & Sign: eSign your lease agreement securely
- Lease to Own: Own it with the final payment or early buyout
- Return Anytime: Cancel with no penalties
Credit not the best?
Even if your credit isn’t the best, Mobimed Rentals offers approvals when other stores won’t. Renting to own is not credit. Plus, you get additional benefits that you won’t get with traditional financing options.
Renting to own vs credit or layaway
Even if your credit isn’t the best, Mobimed Rentals offers approvals when other stores won’t. Renting to own is not credit, and when you rent to own, you avoid large upfront payments by making affordable monthly payments instead. Plus, you get additional benefits that you won’t get with traditional financing options.
No credit needed
Free delivery
Fast approvals
Affordable, flexible payments
Payment options
We’re flexible! What works for you, works for us!
Mobimed Rentals has flexible payment options. On most products, you can choose a lease ownership plan of 4 months, 6 months, or even 12 months. We want you to choose the best lease ownership plan for you.
PAYMENT OPTIONS:
Choose from bi-weekly, or monthly payments. It’s up to you!
How Mobimed Rentals Rent to Own Works
Lease-To-Own. 20% Down Payment, No Commitment, and No Credit Needed*
Mobimed Rentals offers an affordable and flexible way to get the products you want. Rather than buying on retail or credit, we offer a monthly lease plan with the option to own. Unlike traditional credit purchases, your lease won’t appear on your credit report as debt. Plus, you can return the item(s) and cancel your contract anytime. Our affordable and flexible leasing options provide access to the latest name-brand products, so you can get what you want today.
At Mobimed Rentals, everyone deserves access to the mobility scooter they need, regardless of their credit history. That’s why we offer a no credit needed* approval process that won’t affect your FICO score. Your job and bank account are your credit with us, so you don’t need good credit to be approved. Our minimum approval requirements include a steady income of at least $1000/month for the last six months, 3 months of income history with your current source of income and a Government-issued photo ID and an SSN or Taxpayer Identification Number. Please note that approval is subject to verification and not guaranteed. Not all applicants are approved.
Once you place your order and submit a secure application, you’ll receive a decision on your approval for up to $2,500. If approved, you can review your exact payment details in your lease agreement before finalizing your order with an eSign.
Mobimed Rentals: Your Rules, Your Lease Terms. Choose from Rent-to-Own or Early Buyout.
Our lease program at Mobimed Rentals is designed with one thing in mind: to offer you maximum flexibility and a range of choices. With us, you’re never cornered; whether you want to rent-to-own or return/cancel at any time, you can do so without incurring penalties. Although the total ownership cost might be higher than an outright retail purchase, the perks of our no-commitment rent-to-own program are abundant – it allows for improved cash flow and enhanced flexibility, all without a stringent credit requirement. If these benefits resonate with you, our program is the ideal fit. See the ownership options below for a deeper insight.
Maximum Savings: Opt for our 120-day price. If you buy out within the first 120 days, you stand to gain the most savings.
Significant Savings: Post the 120-day mark, you can still save big. Choose to buy out your lease-to-own agreement at any point and pay the cash price. For instance, if your remaining balance is $800 and you decide to buy out early, you’re only on the hook for the balance between what you paid and the cash price.
Most Affordable: Not interested in an early buyout? No worries! Continue leasing as you go.
Enjoy Speedy Delivery
We’ll process your 20% down payment once your application is approved and you’ve e-signed your agreement. After that clears, your order will be shipped within 3-5 business days. We’ll email you the tracking information for your order as soon as it ships. Our team is committed to providing you with a seamless and hassle-free leasing experience, so you can start enjoying your products as quickly as possible.
