FOR TECHNOLOGY FINANCE, PLEASE CALL 1300 346 532.
Renting technology for your child means:
You get to choose the most suitable and advanced device available for your child from an approved list chosen by your school.
Students will always be using the latest technology. Getting more than 3 years effective use out of modern devices is extremely rare these days so rent it instead and then upgrade.
Protect & Loaner Option – If for any reason you are unable to may repayments due to terminal illness, disability, death or involuntary unemployment (up to 3 months)~, we will release you from your payment obligations. If the item is lost, stolen or damaged, we will replace selected items and provide you with loaner equipment within 1 business day.
What happens at the end of my BYODRental agreement?
Because this agreement is a rental agreement, you are not buying the equipment. This means that you must choose one of the following options at the:
1. Double Time*
You can double the length of your Rental Agreement by paying the Extend Optional Payment at the end of the term (equivalent to 1 months’ rental).
2. Purchase the equipment at end of term (subject to our agreement)
Negotiate with us to purchase the equipment if you’d like to own it. You can offer any price, but we have the right to accept or reject your offer.
3. Swap and update to new equipment (subject to our agreement)
3 months prior to end of term, simply return the Equipment in good working order and take out a new agreement for equal or higher value and BYODRental will waive up to 3 remaining payments.
4. Double Time* and update to new equipment (subject to our agreement)
1 month prior to end of term, simply take out a new BYODRental Agreement for equal or higher value and you can double the term of your existing agreement. If you choose this option, BYODRental waives the Extend Optional Payment and up to 1 month’s rental.
5. Return equipment
If at the end of your term you have no use for the equipment, simply return the equipment to BYODRental with no more to pay.
All rental applications subject to terms and conditions and approval.
~ Protect feature is subject to exclusions. See Product Terms and Conditions for full list of exclusions.
^Loaner feature – Replacement within 1 business day subject to delivery to an Australian metro area and request made during business hours. Insurance – See Product Terms & Conditions.
*At the end of the agreed term, you can double the length of your existing agreement by paying the Extend Optional Payment (this is equivalent to 1 month’s rental payment). If you choose Double Time you will not be required to make any further rental payments, but all other terms and conditions of the rental agreement will continue to apply. This means, for example, that you will be entitled to Protect and Equipment Loaner during Double Time. At the end of Double Time, you can make an offer to purchase the equipment for any price you see fit. However, we reserve the right to accept or reject the offer. It is our usual practice to accept the offer and transfer title to you. If no End Of Term (EOT) option is elected, the agreement will default to a month-to-month arrangement until an EOT option is elected.
BYODRental is a registered trading name of Finlease (Australia) Pty Ltd (Finrent Pty Ltd) and supported by Flexirent. ® Flexirent is a registered trademark of Flexirent Capital Pty Ltd ABN 93 064 046 046. Flexirent Capital Pty Ltd holds Australian Credit Licence number 394735.
P: +61 7 3324 2655
F: +61 7 3324 2822
First Floor, 194 Cavendish Road
Coorparoo QLD 4151
PO BOX 611