Buy Now, Pay Later Drones: 4 Retailers Listed (Including How to Apply)

Drones are available for purchase through “buy now, pay later” programs at several online retailers,  including Dynnex Drones and Vertigo Drones. “Buy now, pay later” is a flexible payment option that doesn’t necessarily require a credit check. We have the list of places that offer “buy now, pay later” for drones.

Where to Get Buy Now, Pay Later Drones

“Buy now, pay later” is a popular way to spread payments out over time for big-ticket items like drones because the plans and requirements are often more flexible than traditional financing options. Retailers typically don’t require a credit check and you may be able to take the item home without a down payment. You’ll simply make regular payments until the item is paid in full, including fees. Keep in mind, overall, you’ll pay more for the drone than if you were to pay in full upfront. (Drones range in price from $50 to thousands of dollars.) Below, we have the list of retailers that offer “buy now, pay later” payment programs for drones.

Dynnex Drones

• Buy now, pay later: Or “Fly Now, Pay Later,” which is a closed-end loan through Bread
• Terms and requirements:
  • Loan lengths vary from 12 to 36 months.
  • Interest rates vary from 0 to 29.99%, depending on your creditworthiness.
  • A “soft” credit check is required for pre-approval but won’t affect your credit score.
  • If you decide to make a purchase, Dynnex Drones requires a “hard” credit check.
  • No down payment is required if you are approved for the full amount of your purchase. If your purchase is more than the amount you’re approved for, you’ll need to make a payment upfront for the difference.
  • You will have approximately 30 days from the date of purchase before your first payment is due.
• Source: Dynnex Drones customer service, Dynnex Drones: Drone Financing, and Bread: Consumer FAQ
• Apply

LutherSales

• Buy now, pay later: “Buy now, pay later” through a line of credit
• Terms and requirements:
  • Loan lengths vary up to 36 months; interest rates vary.
  • No credit check is required.
  • A deposit or down payment may be required.
  • You must have at least two years of full-time service as a federal government employee to apply; health care employees and private sector employees may qualify for some credit if you have at least three years of full-time service and if your payments will be made via salary allotment or voluntary direct deposit.
• Source: Customer service, LutherSales website
• Apply

Vertigo Drones

• Buy now, pay later: “Buy now, pay later” through FuturePay
• Terms and requirements:
  • Minimum monthly payments vary but can be as low as $25 with the option to pay your balance off at the end of each month or carry the remaining balance forward. If you carry the balance forward, you will be subject to a fixed finance charge on the unpaid balance.
  • There are fees of up to $38 for late or returned payments.
  • You must be at least 18 years old to apply; 19 in Alabama and Nebraska.
  • You must provide your name, mobile phone number, email address, date of birth, address, and the last four digits of your Social Security number.
  • A “hard” credit check is required.
• Source: Vertigo Drones: Financing with FuturePay, FuturePay: Shopper FAQ, and FuturePay: Terms and Conditions
• Apply

Verydrone

• Buy now, pay later: Or “Fly Now, Pay Later,” which is a closed-end loan through Bread
• Terms and requirements:
  • Loan lengths vary from 12 to 36 months.
  • Interest rates vary from 0 to 29.99%, depending on your creditworthiness.
  • A “soft” credit check is required for pre-approval but won’t affect your credit score.
  • If you decide to make a purchase, Dynnex Drones requires a “hard” credit check.
  • No down payment is required if you are approved for the full amount of your purchase. If your purchase is more than the amount you’re approved for, you’ll need to make a payment upfront for the difference.
  • You will have approximately 30 days from the date of purchase before your first payment is due.
• Source: Verydrone customer service, Verydrone: Financing, and Bread: Consumer FAQ
• Apply

In Summary

“Buy now, pay later” for big-ticket items like drones helps spread payments out over time. And, in the meantime, you get to use the drone. We listed four places that offer “buy now, pay later” for drones, including Dynnex Drones and Vertigo Drones.