What Can You Lease with Progressive Leasing?
July 22, 2024
With Progressive Leasing, you can shop for the things you need from thousands of retail locations around the country. Whether you prefer shopping in-store or online, lease-to-own has never been easier. However, not everything can be leased. So lets do a quick rundown of what you can lease with Progressive Leasing.
Leasable Item Categories
Shoppers can find many leasable items from categories such as:
Appliances
Furniture
Electronics
Mattresses
Mobile Devices
Jewelry
Tires and Wheels
Leasable Item Guidelines
Not all items in the above categories can be leased, however. To ensure an item is leasable, it must adhere to the following guidelines. It must be:
Tangible
Durable, or expected to last longer than the term of the lease
Reasonably safe and not prone to excessive litigation
Returnable by mail, drop off, or pick up
Non-Leasable Items
Some items cannot be leased through Progressive Leasing. These include:
Items permanently attached to a home, vehicle, or appliance
e.g., flooring, window tinting, lift kits, vehicle wraps, internal appliance parts
Items prohibited from lease-to-own state law
e.g., insurance to cover the merchandise, pets
Consumable items or items that may quickly lose value
e.g., batteries, food, clothing, shoes, hair weaves and wigs
Items principally used for commercial, wholesale, or investment purposes
e.g., wholesale precious metals and loose gems, signs, investment items
Items that may require licensing, a title, registration, or are subject to stringent regulation
e.g., motorized vehicles, trailers, watercraft, aerial drones
Items that create excessive risk
e.g., weapons, ammunition, archery supplies, swimming pools and pool equipment, trampolines, e-cigarettes, hover boards, certain medical or drug related devices and supplies
Items that are intangible
e.g., services including phone plans, installation, repairs, memberships and subscriptions, fees, labor, insurance