The thing about owning home appliances is that, they can be pretty expensive, which is why the “Rent-to-own” model is becoming an “alternative” way to own products, which you eventually own it. However, LG Malaysia has some other ideas and the LG Rent-Up Malaysia brings a completely new model: where you rent your appliances on a subscription basis.

LG Rent-Up

LG Rent Up Malaysia

Popular in South Korea, the LG Rent-Up is a household appliance renting service that aims to bring all the products to complete a home in a “cost-effective way”. We know a similar plan exists with LG PuriCare products, however, this time around it expands from that and goes beyond: TVs, Refrigerators, Vacuum Cleaners, Washing machines, Air Conditioners, Air Purifiers, and of course Water Purifiers.

LG Rent Up Malaysia

At the time of publishing this article, they have few products made available for rental and from the looks of it, every product comes with a unique rental package – where it comes with the rental per month for a specific duration (so, far in their site, we have seen 5 years being the average subscription plan duration and it goes upto 7 years). Once the subscription is over, you get to own the product. Now the pricing for each product will follow based on SRP. So, if you happen to be a bargain hunter, you might feel irked about it.

However, if you happen to chase after the latest and greatest tech product and have the ease of ownership, this just might be for you. Some products will come with a regular service plan as well and this is more applicable for their PuriCare series.

LG Rent-Up Malaysia

The LG Rent Up Malaysia is now live and you can check them out by clicking here.

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