Early Payoff Options

Rental Credit Options
Our rental program allows you to use 100% of all consecutive rental payments toward the eventual purchase of an instrument, up to the full purchase price of the instrument you’re renting. Once you’ve accrued credit equal to the purchase price of your instrument you have the following options:

You may use the credit to pay off your existing rental instrument, closing the contract.
If you are renting a used instrument, you may choose to continue accruing rental credit up to the value of a new instrument of the same type. This requires a change to your contract type. Ask a Watermelon Music staff member for more details.
You may use the credit to purchase a new “step-up” intermediate or professional instrument*. See Early Payoff Options below.

Early Payoff Options
You may choose to purchase an instrument at any time during your rental, and use your rental credit in one of the following ways:

You may apply the accrued credit towards the full purchase price of your rental instrument, and take a 20% discount off of any balance remaining.
You may apply the accrued credit towards the retail (list) price of a new “step-up” intermediate or professional instrument*, and take a 20% discount off of any balance remaining.
You may apply the accrued credit towards the retail (list) price of a new “step-up” intermediate or professional instrument*, and pay any balance remaining in three equal monthly payments.
You may apply two months of accrued credit towards the Watermelon Music “Guaranteed Lowest Price” of a new “step-up” intermediate or professional instrument*.