The Decision To Lease Or Purchase A Security System

For homeowners looking to enhance their security, the options can be overwhelming. Some companies offer seemingly low-cost deals by leasing alarm systems, while others—like St. Louis Alarm Company—encourage owning your equipment outright. Leasing may seem attractive initially, with little to no upfront cost, but it often comes with long-term contracts, hidden fees, and limited flexibility. You could end up paying more over time for equipment you’ll never own. On the other hand, purchasing a system gives you full control, no monthly rental fees, and the freedom to switch monitoring providers if needed. At St. Louis Alarm Company, we believe in transparent pricing and long-term value, which is why we offer custom security solutions you own, backed by local service and support you can trust.

Leased Security Alarms:

  • No Upfront Cost, but Higher Monthly Fees: Leasing allows for no initial payment, but involves elevated monthly costs throughout the contract and long term lease contracts typically 3 years.
  • Credit Check Required: A credit check is mandatory to qualify for a lease.
  • Bundled Services: Leasing often requires bundling with other services, limiting flexibility.
  • No Daily Confidence Test: Many leased systems lack daily health checks, which are important for ensuring system reliability.
  • Limited Customization: The basic system usually lacks extras, and add-ons are often more costly compared to outright purchases.
  • Lease Complications on Property Sale: If the property is sold, the lease must be renegotiated with the new homeowner.
  • No Guarantees for False Alarms: There’s typically no assurance on how false alarms are managed.
  • Proprietary Equipment: Many companies offer proprietary equipment which makes it impossible to add additional components or transfer to another provider.
  • Monitoring Center Location Uncertain: There’s no guarantee that the monitoring center is US-based, which could impact service quality.
  • Uncertainty About Installation Quality: Installation may not always be conducted by insured and experienced technicians.

Purchased Security Alarms:

  • Upfront Investment, Lower Long-Term Costs: Purchasing involves a higher initial investment but lower ongoing costs, resulting in long-term savings.
  • No Credit Check Needed: Purchasing requires no credit check, giving more accessibility to customers.
  • Full Ownership and Customization: The system can be customized freely without mandatory bundling, allowing for flexibility based on your specific needs.
  • Daily Confidence Test Available: Many purchased systems offer daily checks to ensure all components are working effectively.
  • No Leasing Hassles: The system is yours outright, making it easier to transfer or include in a property sale.
  • Non-Proprietary Equipment: When you purchase a system it allows for flexibility to add additional components and service providers.
  • Greater Control Over Service Providers: You can select US-based monitoring centers for better quality and reliability.
  • Guaranteed Professional Installation: St. Louis Alarm Co. provides installation by insured and experienced technicians for purchased systems.
  • No Extra Charges After Initial Setup: Once purchased, there are no ongoing leasing costs or surprise fees for adding devices.
  • Personal Service by St. Louis Alarm Co. Technicians: Personal service calls are handled by our own technicians who understand your system best.