Gen5 - Equipment Lease Vs. Buy considerations
Can anyone tell me where I can find more details on the costs & benefits of whether to opt for equipment leasing or equipment purchase? I tried to find information starting at the Get Started page (...
Forum Discussion
Lease fee for the Gen 5 equipment is $14.99 / month. This will be additional charge on top of the monthly service plan you choose. The purchase price is $349.99.
I have been a HughesNet customer since 2008, and I purchased my equipment. Which saved me over $850! I recommend the purchase option, if you plan to have the service more than 2 years.
The only time purchase sucks is when the warranty is up... Dead equipment = costly, plus, if you need a truck roll that's even more cost.
C0RR0SIVE wrote:The only time purchase sucks is when the warranty is up... Dead equipment = costly, plus, if you need a truck roll that's even more cost.
And how long is the warranty period on the Gen 5 equipment purchase?
motobojo wrote:
C0RR0SIVE wrote:The only time purchase sucks is when the warranty is up... Dead equipment = costly, plus, if you need a truck roll that's even more cost.
And how long is the warranty period on the Gen 5 equipment purchase?
I'm not sure, but I imagine the warranty on the equipment is no greater than 24 months, and may be less.
As for lease vs purchase, I prefer lease, as once that warranty's up on purchased equipment you're basically on your own. Sure, $14.99 per month adds up, but one thing it buys is peace of mind, and I can handle $14.99 per month much easier than I may be able to handle an equipment repair/replace charge during any given month.
motobojo wrote:
C0RR0SIVE wrote:The only time purchase sucks is when the warranty is up... Dead equipment = costly, plus, if you need a truck roll that's even more cost.
And how long is the warranty period on the Gen 5 equipment purchase?
I've just completed my Gen5 upgrade order. The warranty on my equipment purchase is 2 years for equipment and 6 months for labor/technician.
