Vivint Equipment Financing Options and Costs Explained

Vivint equipment financing offers a range of options to fit different budgets and needs.

You can choose from a variety of financing plans, including 0% interest for 24 months, or 2.99% interest for 60 months.

For example, if you finance a $2,000 security system with 0% interest for 24 months, you'll pay $83 per month for two years.

This can be a cost-effective option, especially if you're looking to upgrade your home security without a large upfront payment.

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Vivint contracts can be a bit lengthy, ranging from 42 to 60 months, which is around 3.5 to 5 years. This is longer than ADT's contracts, which typically last three years.

If you're planning to stay in your home for a few years, a Vivint contract might not feel like a big deal. It's just another part of the experience of being a homeowner.

However, if you finance your equipment over time, Vivint requires a long-term contract to ensure you make your monthly payments. This is a common practice in the industry, but it's worth noting.

You can avoid a long-term contract if you purchase your security system upfront, which might give you the option to sign a month-to-month agreement.

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Vivint installation and activation fees typically range from $99 to $199, which is standard for professionally installed home security systems. This cost can vary depending on the specific needs of your home.

You don't always have to pay Vivint's installation fee, as the company frequently runs deals and promotions that waive the costs. These promotions can be a great way to save money upfront.

The biggest cost of a Vivint system is the equipment, which can cost upwards of $1,000. This is because Vivint offers superior equipment with superior features.

Vivint's outdoor camera costs $399 by itself, which is a significant expense. However, the company offers financing options that can make the equipment more affordable.

With Vivint's Flex Pay plan, you can spread payments out over 60 months, making the equipment costs more manageable. This can be a great option for homeowners who want a high-quality system but can't afford the upfront cost.

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Vivint contracts can be a bit lengthy, ranging from 42 to 60 months, which is equivalent to 3.5 to 5 years.

If you choose to finance your equipment, a long-term contract is required, but if you pay upfront, you can opt for a month-to-month agreement.

Vivint's contract terms are generally longer than ADT's, which typically lasts three years or two years in California.

If you have decent credit, you can get on a payment plan and spread the payments over several years, similar to purchasing a new smartphone.

Paying for your Vivint equipment upfront is recommended, but if you need to sign a contract, it's worth it for one of the best smart home security systems on the market.

Typically, customers are asked to sign a four-year or five-year agreement with Vivint if they finance their equipment, but can opt for a month-to-month agreement if they pay upfront.

Five-year contracts are often given to those who are offered free equipment or discounts, and can be a good option for those with long-term security needs.

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Vivint's pricing plans are based on the type of equipment you choose, with various options to customize your package to fit your needs.

All of Vivint's plans are customizable, which means prices for equipment and monitoring can vary depending on your selection.

Vivint's equipment pairs with current smart home controls, which can affect the necessary equipment and installation charges.

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Vivint offers a range of equipment packages that can fit different budgets and needs.

The upfront cost of Vivint's equipment packages is around $1,279.96.

You can choose from various packages on the Vivint website, each with different equipment options and prices.

These packages are customizable, so you can pick and choose the features and equipment that suit you best.

Many of Vivint's equipment pairs with current smart home controls, which can affect the necessary equipment and installation charges.

You'll need to use Vivint's equipment to access their monitoring services, which is another factor to consider when choosing a package.

Vivint offers a range of packages to suit different needs and budgets. The Basic package is a great starting point, which includes a Smart Hub, Flood/Water Sensor, and 4 Break-in Security Sensors for an upfront cost of $599.00.

The Basic package also comes with 24/7 monthly monitoring for $51.47.

There are three main packages to choose from: Basic, Premium, and Premium Plus. The Premium package includes everything from the Basic package, plus additional features for an upfront cost of $1,279.96.

The Premium Plus package is the most comprehensive option, including a Doorbell Camera Pro, Indoor Camera, Outdoor Camera Pro, Smart Thermostat, Kwikset Smart Lock, MyQSmart Garage Hub, Key Fob, Smart Hub, 4 Break-in Security Sensors, and Flood/Water Sensor for an upfront cost of $2,229.92.

Here's a breakdown of the packages and their monthly monitoring costs:

These packages are customizable, so you can add or remove features to suit your needs.

You can purchase Vivint equipment upfront and pay for monitoring on a month-to-month basis.

This option can save you money, but be aware that Vivint's equipment is on the pricier side, with costs ranging from $500 to $600 for a basic package and upwards of $1,000 for a more comprehensive setup.

Vivint's most expensive equipment package includes a Smart Hub, sensors, indoor and outdoor cameras, and a smart doorbell camera.

The cost of Vivint monitoring plans ranges from $30 to $45 per month, depending on the features you need.

If you choose the premium Smart Control monitoring plan, you'll pay $45 per month for total smart home control and video support.

Some people might find Vivint's zero-interest financing option appealing, especially if they don't have the cash on-hand for a full smart home system.

With zero-interest financing, you can spread the cost of your Vivint equipment over time, but keep in mind that you'll still be locked into a contract.

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Vivint's equipment costs can be a bit steep, with a minimum of $1,000 for devices, and an outdoor camera costing $399 by itself.

Professional installation is also required, with a flat rate of $99, but potentially increasing if your system includes cameras and other special equipment.

You can opt to finance the equipment, spreading payments out over 60 months with the Vivint Flex Pay plan, making it more affordable with monthly payments of $10 to $30.

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Vivint requires professional installation, which comes with a flat rate of $99, but can increase depending on the size and complexity of your equipment package.

If you opt for a DIY installation with Alder, you can save on installation costs, but keep in mind that professional installation is recommended to ensure your system is properly set up.

The installation cost with Vivint is not something you can skip out on, as it's included in the overall cost of the system. You'll need to consider the installation costs when choosing a Vivint package.

Here's a breakdown of the installation costs with Vivint:

If you move homes and need to transfer your Vivint equipment, you'll pay an additional $129 for the service.

Vivint's basic security monitoring program starts at $19.99 a month.

This program offers 24/7 monitoring, which means you're protected around the clock. Fire, CO, and entry alerts will notify you and the monitoring team of any potential dangers.

You'll also get water detection, which can help prevent costly damage from leaks. The control hub panel is a central hub for all your security needs.

Medical pendant support is included, allowing you to quickly call for help in an emergency. Mobile access via Vivint's free online app keeps you connected to your security system on the go.

You own the Vivint security equipment once you sign up for installation. There is, however, an option to pay down the price of the equipment over time.

There are no leasing options at Vivint.

If you move to a new home, you can bring the equipment with you for an additional installation fee.

Vivint's equipment communicates with top smart home systems like Google Assistant and Alexa.

You can customize your monitoring plan to fit your needs, choosing from basic system monitoring to full-time video surveillance.

Their equipment is designed to work seamlessly with cloud storage for camera footage.

If you move or switch to a different company, you'll need to pay an additional fee to transfer the equipment or purchase new hardware.

Vivint equipment financing offers several benefits, including no interest or payments for 24 months, allowing you to save money upfront.

One of the biggest cons is the requirement to have a Vivint system installed in your home, which can be a significant upfront cost.

Vivint equipment financing provides flexibility with payment plans, including the option to pay a lump sum or make regular payments.

However, some customers may find the financing terms to be restrictive, with penalties for paying off the loan early.

By choosing Vivint equipment financing, you can get a new smart home system without having to pay a large upfront fee.

On the other hand, you'll be locked into a contract with Vivint, which can be a long-term commitment.