vlzbook
4 years agoNew Poster
confused
I just learned today that I cannot purchase a modem from anywhere, that I have to use the Huges modem, and to top it off, my lease is up and I still cannot purchase a modem even if I continue to use ...
GabeU wrote:I'm not sure if you can convert a lease into a purchase, for which you would still have to purchase the equipment (it's not rent to own), or whether you'd have to terminate your current service, then enter into a new agreement, but with a purchase instead of a lease.
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Just curious as to how long the equipment needs to be leased before I actually own it. I would think that after 2 years I've already bought the modem.
As stated in what you quoted of my reply, it's not rent to own. You don't own the eqipment unless you purchase it, and a lease fee is not a purchase plan. You continue to pay the lease fee for as long as you have leased service, whether that's two years, five years, ten years, etc. The lease fee does not end.