Vivint offers products and services in home security and smart homes, including security cameras, doorbell cameras, smart locks, and others. Vivint’s purchasing plan is to provide customers with equipment that comes with the Vivint monthly fee; the leasing plan is offered to customers as well. One of the concerns users have is whether they have to pay a monthly fee to use any or all of the Vivint services. I will give an overview of Vivint’s pricing and determine the level of clarity when it comes to monthly fees.
Upfront Costs For the reader who wants to enlist the services of Vivint, then it is important to note that some signing-up costs are associated with the company. There are costs involved in making the purchase; this includes the security cameras, control panel, sensors, and other devices that are purchased outright. Vivint also has a financing plan where instead of the company providing you with equipment, you agree to pay for the equipment in installments. When it comes to this option, you have to spend a smaller amount of money at the beginning. Even if you decide to take the equipment on lease, be prepared to part with about $99 in total for initial equipment and installation should you decide to subscribe.
Monitoring Services Apart from hardware, Vivint offers monitoring services where experts analyze signals received from security cameras and systems. It can decide whether to call the police, fire department or any other emergency services. This monitoring service does cost some money and it is charged every month. The monitoring charges begin at $39. 99 monthly rate but may differ with the package that you choose. The monitoring service fee cannot be changed – it is one of the main components of the Vivint system. In addition, any time you fail to pay for monitoring, you also get locked out of emergency dispatch services.
Other Potential Monthly Fees
Some of the packages available to Vivint users are offered at different rates and include: They can be low on the basic level, but depending on the choices made, they can be on the higher side of things monthly.
Smart Home Automation: Some of the products that are marketed under the Vivint Smart Home brand include automatic lighting systems, climate control, and door locks. Including them in your system raises the monthly bill. The cost structure for home automation begins at $10 per month. Professional Monitoring Plus: A more advanced monitoring package increases the fee from the basic $39. 99 to $49. 99 per month. That is things such as video reviews of incidents and faster emergency response time. Component Upgrades: Each channel and each additional feature like higher-resolution cameras, additional storage for data, or other features will cost you more money than the basic packages. Remember that many components influence the repeat billing structure.
A brief overview of costs is considered when budgeting every month.
To summarize what to expect in terms of monthly Vivint pricing:
- The monthly monitoring fee of around $40 is compulsory for the security systems to operate effectively.
- Extra features such as smart home automation or extra tier monitoring services boost the monthly charges of the package.
- Improving parts of equipment also may lead to more frequent fees because of recurring expenses.
Based on consumers’ surveys, the vast majority of them want to know how their choice of certain equipment and options influences the monthly cost, which determines the company’s revenues. And when you sign up with Vivint you should go through all the related terms of your specific plan to find out what is the price that you will be charged each month. It is not possible to overemphasize the importance of recognizing these costs early so that budgeting for this home service can be done correctly.
To be exact, the sales team should give you a breakdown of the quoted fees inclusive of all the tangible hardware costs and the recurring monthly costs for the chosen Vivint system. To avoid falling for a scam or being a victim of an unfair deal, it is advisable to be a smart consumer by asking many questions to find out how various choices affect the pricing in the subsequent month.
Some of the aspects of the cost estimated periodically for different contracts include:
Here is another feature that may be related to monthly pricing – the term of the contract. Vivint is more flexible with its contracts having provisions for a month-to-month contract in addition to a contract period that ranges from two to five years. Contract length can impact monthly equipment costs in a couple of key ways: Vivint has ways of reducing the monthly fees and while doing so they sometimes force their clients to sign up for more extended contract periods.
- Payback Periods: It would help you subsidize the equipment expenses in the form of monthly cash outlays over a longer period than in the case of shorter contracts.
Make sure that you have a clear idea of the advantages and disadvantages of entering a short-term or long-term contract. Long-term contracts can certainly lower the fees in the short run but this means that one has very little freedom to tear up or alter the services engaged.
Early termination fees may occur when adjusting because of a move or an individual’s desire to replace equipment. A company’s need must also be considered and this is in terms of the length of the contract.
The Bottom Line All in all, it can be said that agreeing to be with Vivint does come with a price in that one is going to be charged every month for such services as professional monitoring. But there is variability in exactly how much your monthly Vivint bill will be based on factors like
- The service tier selected is going to be monitored
- NewSmart features incorporated
- A selection of equipment parts and gear modification
If you want to understand how costs will be specific to your home and your budget, speak with a Vivint sales representative. They should give you an expected cost breakdown of the monthly charges so that you can expect when it comes to services to be offered. This way, you will be able to assess whether the value provided by Vivint is commensurate with a recurrent charge for your specific monthly bill amount.
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