How Our Payment Options Work
Flexible Payment Plans
Take It Home Today
If you're buying something online, choose "Monthly payments" on the checkout screen (no sign up necessary). For in-store purchases, simply complete a 5 minute process to sign up to SplitIt payments. All you need is a valid credit card. No loan applications required. You can view more details on SplitIt.
Monthly payments
Choose to split some or all of the total balance over equal monthly payments in 2, 6, 12 or 18 month instalments. You can leave an upfront payment and split the rest, or split it all - the choice is yours.
Trade In Or Keep It
After your payment plan with Splitit has finished, for a limited time (T&Cs apply) we'll give you the option to trade in your product, giving you back up to 75% of what you paid for it. This allows you to buy with confidence knowing you have the option to upgrade later.
Say you came into the store and auditioned the fabulous Wilson Sabrina X ($36,000) and decided you wanted them.
To put them on the payment plan over 18 months in equal monthly payments, this would cost you $2000 per month.
After 18 months has passed and you've paid off the total amount in full, we could give you the option to trade in the Wilson Sabrina X, giving you back up to $27,000 to go towards a new purchase, assuming it's as new with all original boxes/accessories.
This means it's only cost you $9,000 to own a $36,000 speaker! So it's a great way of making your way through the audio journey.
FAQ
Here's some frequently asked questions about the payment plan.
Is there a minimum purchase value?
No!
What's the application process?
There's no loan application process. Simply choose the SplitIt option when checking out on our online store, or if you're in-store, we'll create the application for you, send it to your phone, and all you need to do is enter in some details. Takes less than 5 minutes.
Is there a maximum value I can put on the payment plan?
Theoretically, no. However, for larger price items, or particularly custom ordered items, we'll opt to charge a deposit of up to 50%, putting the balance on a payment plan.
What if the item isn't in stock?
Often with hifi products at this price point it will be a custom order, so it's possible that we won't have your colour/specification in stock. In this case, we'll take the 25% deposit as a holding deposit to order your products, and only start the payment plan once they've been installed at your place.
After the payment plan has expired, what can I trade my item in for?
Almost anything! So long as the value of the new product you're buying is greater than the trade in amount of your existing product, it's available to look at. We'll exclude consignment products, and also reserve the right to adjust our offering to suit case by case.
What condition does my product have to be in at time of trade in?
Should you wish to trade in your product, it must be complete, as new, with all accessories. If not, we can discuss your options at that time.
Can I Combine SplitIt with other forms of payments?
No, SplitIt can't be combined with any other forms of payment or payment gateways such as Kris+.