HP wants you to rent your next laptop — I did the math and it's actually terrifying
Pay monthly, never own it
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In the face of the RAM crisis, laptops are one of the many devices that are set to see major price hikes, driven by AI data centers causing a severe memory shortage. Now, HP is offering an alternative buying option: rent your laptop.
Recently, HP launched a laptop subscription service that lets you pay a monthly fee for an AI-powered PC for productivity or a gaming machine, with prices starting at $34.99 per month. Plus, it comes with the option to upgrade to the latest laptop after one year, along with 24/7 live support, add-on accessories and replacements if there are issues.
However, unlike finance plans, no matter how long you use the service to pay for your PC of choice, there's no option to own the laptop. In light of the memory shortage, it echoes the expectation of AI forcing you to rent your PC, and HP is among the first to take the plunge.
The beginning of the end of ownership?
HP's subscription service for laptops covers a range of PCs to suit different needs and price points, including an HP OmniBook X Flip 14 with Windows Copilot and an HP Omen Max 16 sporting an RTX 5080.
For the lowest price, you can grab an HP Pavilion 16 for $34.99, which comes with an Intel Core Ultra 7 CPU, 16GB of RAM and 512GB SSD. For the most costly option, the HP Omen Max 16 will set you back $129.99 per month, which is equipped with an Intel Core Ultra 9 processor, RTX 5080 GPU, 32GB of RAM and 1TB SSD.
Many of these options are among the best laptops around, and depending on what you use them for, they make for reliable machines. But all things considered, these are high monthly prices to pay, even if it is for an all-new machine.
Here's a breakdown of the monthly price of each laptop offered in the subscription service, and how much they cost in full (some that currently have discounts):
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| Row 0 - Cell 0 | Monthly price | Full price | Rental price 3 years | Rental price 5 years |
HP Pavilion 16 | $34.99 | $769 | $1,259 | $2,099 |
HP Envy 17 | $44.99 | $1,129 | $1,619 | $2,699 |
HP Victus 15 | $49.99 | $1,199 (discounted to $949) | $1,799 | $2,999 |
HP OmniBook X Flip 14 | $54.99 | $999 | $1,979 | $3,299 |
HP Omen 16 | $69.99 | $1,799 (discounted to $1,299) | $2,519 | $4,199 |
HP Omen 17 | $79.99 | $1,999 | $2,879 | $4,799 |
HP EliteBook 6 G1q 14 | $84.99 | $3,309 (discounted to $1,649) | $3,059 | $5,099 |
HP Omen Max 16 | $129.99 | $3,299 (discounted to $2,499) | $4,679 | $7,799 |
The monthly fee certainly looks attractive compared to the full price of many of these laptops, and for some, it's a more immediately affordable way to grab a new laptop sporting the latest specs. Plus, the addition of being able to upgrade after 12 months is a perk, especially for gamers after the latest specs.
However, keep in mind that there is no option to own the laptop, even if you end up paying for the laptop in full after a certain number of months.
For example, the HP Pavilion 16 currently costs $769 for the exact laptop you get in the subscription service. It would take around 21 months to pay that off, so just under two years. That's without a deal, mind you, and you'll find the Pavilion 16 for less. If you hold on to the Pavilion for 3 years, the total price you pay balloons to $1,259, and if you keep it 5 years it goes up to $2,099. That's an increase of 173%.
For the HP Omen Max 16 at its discounted price of $2,499, this would take around 19 months. But if you kept paying the monthly rental fee for 5 years, the cost of the laptop would go up to $4,679. And you would pay more than three times the retail price if you wound up renting for 5 years.
With just under two years of full use and the ability to upgrade, this could be a viable option for many. But as soon as you no longer want to pay, you'll no longer have a laptop to use.
HP does offer a 30-day trial period, where you can get a full refund after trying out the subscription service. But after this, there's a cancellation fee that applies, with up to $1,429 if you cancel a subscription on the Omen Max 16 in the second month. The cost of the cancelation fee goes down after each month of use, and after 12 months, you won't have to pay anything.
The PC peripheral add-ons, including a mouse, headset, USB-C hub and even a 24-inch HP Omen monitor for just $5.99 per month, are also nice options to have. But again, as HP states, "there is no option to own the gaming laptop you receive as part of your subscription," and that includes the accessories.
Yet another subscription
As HP notes in its FAQ section: "The ability to trade in your gaming laptop every 12 months for the newest model makes the OMEN Gaming Subscription an attractive option for gamers looking to escape the headaches of an upgrade cycle and stay ahead of the curve." This line of thought also applies to the productivity lineup of HP laptops.
With the memory shortage driving up prices, it's only natural that a subscription service for laptops and accessories becomes an option. We already have subscription services like Netflix that have taken over how we watch shows, and cloud gaming services, including Xbox Game Pass Ultimate, Nvidia GeForce Now and Amazon Luna.
But renting a whole machine that you'll never own is a new level of subscribing to a service, and as James Bentley of PC Gamer rightfully notes, when there are 0% financing contracts available that will eventually let you keep a device after monthly installments, renting a laptop loses its appeal. I mean, laptops these days have more than enough performance power to last for years to come, and a yearly upgrade may not be worth it.
As RAMageddon continues to change the landscape of consumer tech, with manufacturers like Micron believing it will last until 2028, we're now seeing subscription services for laptops become a reality, and the higher costs of PC hardware may force us to resort to renting.
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Darragh is Tom’s Guide’s Computing Editor and is fascinated by all things bizarre in tech. His work can be seen in Laptop Mag, Mashable, Android Police, Shortlist Dubai, Proton, theBit.nz, ReviewsFire and more. When he's not checking out the latest devices and all things computing, he can be found going for dreaded long runs, watching terrible shark movies and trying to find time to game
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