Otto Now: This is how the service works
With Otto Now it is possible to rent products such as smartphones, refrigerators or televisions instead of buying them. In particular, expensive purchases are easier to finance.
Otto Now - how to rent the products
Below you will find out how the rental service works:
- After creating an account on the Otto Now website, select a desired product from the categories technology, household, sports or furniture.
- With each item, you have the option to select a rental period before creating a rental agreement. This varies depending on the goods and can last up to 24 months.
- The longer you rent the product, the lower your monthly rental fee.
- After the selected minimum contract period has expired, you are free to continue renting the item. The advantage here is that the fee to be paid is reduced and you can also terminate it monthly.
- You can also choose to buy the product after the lease expires. In this case, the rental fees paid so far will be deducted from the purchase price. You can find out on the product page whether this is possible with your desired goods.
- During the rental period, Otto takes over the repairs and replacement of defective devices and in many cases takes care of the construction and assembly.
You can find out where best to order groceries online in our price and product comparison.