Complaint Review: Why Not Lease It

Why Not Lease It program through Sears is not necessarily a ripoff, I just want buyers to beware for future reference. They are just as bad as AArons or Rent a Center if not actually worse. I went to Sears to bought a $ 1,179 tv and I looked at the payments which were 98 dollars bi-weekly which is fine. What they dont tell you is that once your finished making the ten payments( which mines total 990) you can buyout your contract or continue to lease for 18 months.

This was deceptive because they made me believe it was a pay the tv off, kinda of payments, well its not its more like a pay 1800 dollars for $1,179 dollar tv. They want me to buy out my tv for 643 after I have paid 1,179 (thats including the 98 dollar payment). Where this is a ripoff is that you cant buy out of your lease until 10 months after the minimum payment. They force you to pay at least the cost of the product before you can buy out of your contract which is a complete ripoff in my eyes. Im not even sure Rent-A-center follows this practice, if so, this will be my first and last time with a leasing program