Once your lease agreement has been executed (Signed by you and YuKeep), we will begin processing your order and we will provide you with a tracking number from the shipping company so you will know when to expect your product since a signature will be required for delivery.
Our general requirements are that you must be at least 18 years old, have a source of income, and have an active bank account or prepaid card.
Having good credit is not part of our general requirements but we will utilize a variety of information from consumer reporting agencies to evaluate your approval/denial worthiness.
You will be eligible for an upgrade or a secondary product after 3 months of payments made, this will be based on your payment history with YuKeep and subject to our approval.
A lease is a contract between a lessor (the property owner) and a lessee (the property user) for the use of property subject to stated terms and limitations for a specified period and at a specified payment.
With a lease, you are agreeing to make periodic payments (e.g. Weekly, Monthly) for a specific amount of time (lease term). At the end of the lease term, you have two options, you can return the product and pay nothing more or you can choose to purchase it (your End of Lease Purchase Option) for the additional payments/monies due to own it.
Yes you can. You can choose to purchase it prior to the end of the lease term (Early Purchase Option), wait until the end of the lease term and exercise your End of Lease Purchase Option, or use our Flexible Lease Ownership plan and own it by making 12 months worth of payments.
The average lease term is for 5 months but if you would like to own it by using our Flexible Lease Ownership plan you will need to make an additional 7 months worth of payments.
This is how much you would pay for the product if you were to pay for it all at once. The cash price for the product will be disclosed on your lease agreement prior to you signing and agreeing to the terms of the lease.
Your payment will be based on how often you get paid (e.g. weekly or monthly) and how much refundable deposit you want to include in your lease. Your payment will be disclosed on your lease agreement prior to you signing and agreeing to the terms of the lease.
Here are the guidelines for what your Gross Monthly Income(*) should be based on the cash price of your product:
- Cash Price: $200 - $599 | Gross Monthly Income: $800 or Higher
- Cash Price: $600 - $999 | Gross Monthly Income: $1,600 or Higher
- Cash Price: $1,000 & Up | Gross Monthly Income: $2,400 or Higher
* Gross monthly income is the total amount you receive on average per month without deducting taxes or other withholdings.
A refundable deposit (or Refundable Security Deposit) is the amount you pay at the signing of your lease. The more refundable deposit you contribute, the lower regular lease payment. This amount will be refunded to you when you return or purchase the product, less any outstanding amount you may owe YuKeep (e.g. lease payments due or excessive damages to the product.). Additional details will be provided on your lease agreement.
Once you qualify, the VIP program provides discounts ranging from 10% to 20% off Yukeep's standard product prices, extended lease payment terms, and the ability to order from the more expensive VIP product inventory and/or products not currently listed on our web site. Please contact Yukeep to learn more about the VIP program (email/chat/phone).
To qualify for the minimum VIP discount you need to have had an active Yukeep lease for a minimum of 5 months or successfully paid off at least one Yukeep lease with a good payment history. Please contact Yukeep to learn more about the VIP program (email/chat/phone).