The Latest Smartphones On Rent: RentoMojo

RentoMojo is offering flagship smartphones for rent on a monthly and even long-term basis. RentoMojo is a start-up that has been into leasing bikes, appliances, and furniture to date. Renting out smartphones is a new genre for them. A user can lease any smartphone of his choice on monthly or on a long-term basis. Currently, they only carry the latest devices of brands like Samsung, Apple, and Google. But the company is looking to branch out in affordable devices pretty soon.

Geetansh Bamania, CEO and founder of RentoMojo says that RentoMojo is offering smartphones to users on a rental basis with an option of either returning it at the end of the rent tenure or buying it completely. Bamania expects this particular leg of operation to account for about 40 percent of total earnings at scale.

At present, residents of Delhi NCR, Bengaluru, and Mumbai can enjoy the rental services offered by RentoMojo.

Smartphone Rental Service

RentoMojo has iPhone X, iPhone 8, Galaxy Note 8, Galaxy S9, and Pixel 2 in its roaster with Apple iPhone X commanding an astronomical Rs.4,299 as monthly rent while Google Pixel 2 can be rented for a more subdued Rs.2,099 per month. The rent of the smartphones is dependent on the user’s city. It varies from one location to another. Also, the smartphones can be rented for either six or 12 or 18 or 24 months.

RentoMojo have iPhone X (Black, 64GB) available for a starting rent of Rs.4,299 per month, iPhone 8 (Grey, 64GB) starting at Rs.3,967 per month, Galaxy S9 (Grey, 64GB) at a starting monthly rent of Rs.2,999.

Keeping in mind that the new Google Pixel will be released very soon along with Android Pie by next year on future phones, buying a new phone right now also puts the customer at a disadvantage. At such a time a temporary fix like the one offered by this rental service is what will suit most tech-geeks out there.