Revolutionizing Tech Ownership: Sloop’s Rent-To-Buy Model for electronics
Blog / Revolutionizing Tech Ownership: Sloop’s Rent-To-Buy Model for electronics

Revolutionizing Tech Ownership: Sloop’s Rent-To-Buy Model for electronics

A deal too good to be true, with no catch! Read how Sloop enables you to own the latest, cutting-edge tech at affordable monthly costs -  while having a positive environmental impact! 


With manufacturers constantly rolling out new devices packed with cutting-edge features, the urge to upgrade is only natural. New technology seamlessly blends into our daily lives, making things easier and more efficient. But with rising inflation and an ongoing cost-of-living crisis, upgrading to the latest iPhone, GoPro, or PlayStation can feel like a luxury. Traditional ownership models from major retailers like JB Hi-Fi or Harvey Norman often come with hefty upfront costs or rigid financing plans—barriers that don’t always fit the needs of modern, budget-conscious buyers.


That’s where Sloop comes in. We’re pioneering a flexible approach to access and own the latest tech through our Rent-To-Buy model. Our model allows consumers complete, unbridled access to enjoy cutting-edge tech without breaking the bank. 


What is Sloop’s Rent-to-Buy Approach? 


Traditionally, upgrading your tech means visiting your nearest retailer, say, JB Hi-Fi, and taking the product home after paying it’s full-cost, or through their buy now pay later options - which involve several hidden-costs for the consumer. 


Sloop’s provides a more simple, flexible, and affordable path to tech ownership: 


1) Create an account: Sign up on Sloop’s user-friendly website. 


2) Choose your device: After creating an account, start browsing through our wide range of smartphone rentals, rental laptops, X box rental, playstation rental,  camera’s for rent, e scooters for rent, gaming consoles for rent and select what you want. 


3) Check out: After you add a device to your cart, choose your preferred rental period. We offer flexible rental periods - from as short as 3 months - to as long as 18 months. And place your order! 
 

4) Wait for your latest tech to arrive: After you place an order, we run a quick credit check and email you the result and shipping details within 24 hours! No upfront payment required. Just sit back and hold tight for 5-10 days until Sloop gets your as good as new device to your doorstep. 


5) Get the most out of your new device: We ensure you enjoy your tech with 0 worries! Sloop Care offers insurance cover and quick product replacements. We cover technical defects, broken displays, water damage, manufacturing errors as well as wear and tear.
Love the device and want to keep it after the rental period?

 

No worries! Just reach out to our friendly customer service team to extend your rental for up to 24 months. Plus, we’ll adjust your plan to make it even easier—so when your rental ends, you can own the device for just $1!

 

Don’t like the device and want to swap it for a different one? 

 

No worries! Just return the device after your rental period ends using the prepaid shipping label provided, go on the website - and choose a new one to see if it’s more suitable to your liking! 

 

Why Slooping is better than buying? 


If you’re looking to purchase a new iPhone 16, here’s an analysis on why Slooping it could be better: 

 

Sloop Traditional Ownership
Cost of Ownership

$1,294 for 18 months 
OR 
$71.90 per month

One time charge of $1,517
Insurance Cost includes Sloop Care for the whole rental period Insurance costs $299 for 24 months at major retailers
Upfront Costs No heavy upfront costs Buy now pay later services like Afterpay, Zip levy account charges, high-interest payments after initial months
Tech Upgrades

Seamlessly switch to any other device you like after your rental period expires

Trade-in, selling on second-hand marketplaces for a depreciating electronic device means you lose out on money

See what people are saying

Alice Friday, March 21, 2025 at 7:38 pm +1100

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