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The iPhone Upgrade Program is being replaced by Apple Upgrade

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Re: The iPhone Upgrade Program is being replaced by Apple Upgrade

#102
"If you’re leasing an iPhone, you’ll need to connect to AT&T, T-Mobile, or Verizon when you enroll."

Damn, this is the dealbreaker for me.

Leasing an unlocked iPhone and being able to use my current $25/mo MVNO of choice (US Mobile) may have actually tempted me (I currently buy outright and then tell myself I'll sell my current phone when I upgrade, but in reality I just have iPhone graveyard at home.)

Re: The iPhone Upgrade Program is being replaced by Apple Upgrade

#103
post #83
post #28

Earlier quoted context omitted.

The fact that we need to use the financing models of cars for basic consumer electronics is the dystopian part.

Then I guess we’ve been in the dystopia for almost a century now. When I was a kid in the 70s and 80s we leased our TV and VCR. It was hugely common in the UK, the company was on many high streets and literally called Radio Rentals, founded 1930: https://en.wikipedia.org/wiki/Radio_Rentals > Radio Rentals was the largest television rental group in the UK and claimed that at its peak it had more than two million custo…

We still have this in the US, it’s called Rent-A-Center and it’s a way to extract extra money from poor people for luxuries they can’t afford.

Re: The iPhone Upgrade Program is being replaced by Apple Upgrade

#104
This is probably just a personal lifestyle thing, but I'd rather have a cheaper, not as good thing that I own outright rather than lease (not own) a nicer, better thing. Cars, phones, computers, whatever it is. I don't like the idea of not owning the stuff I use every day, if I could just own something not as good instead.

Re: The iPhone Upgrade Program is being replaced by Apple Upgrade

#106
post #102

"If you’re leasing an iPhone, you’ll need to connect to AT&T, T-Mobile, or Verizon when you enroll." Damn, this is the dealbreaker for me. Leasing an unlocked iPhone and being able to use my current $25/mo MVNO of choice (US Mobile) may have actually tempted me (I currently buy outright and then tell myself I'll sell my current phone when I upgrade, but in reality I just have iPhone graveyard at home.)

[deleted]

Re: The iPhone Upgrade Program is being replaced by Apple Upgrade

#107
post #65
post #23

The math for the new program is kinda perplexing, my guess is that they are hoping that most people just will send in the device and upgrade. If I am reading the FAQ here properly: https://www.apple.com/shop/apple-upgrade . > If you decide to buy the device, the purchase option fee is the list price minus any lease payments you’ve made minus any remaining discounts or trade-in credit. (excluding tax and any damage fe…

> iPhone 17 pro max would be $1199 to buy (~1273 with tax) or $34.99 for 24 months totaling $839.76. So would cost 433.33 at the end of the lease to keep it A lot of people aren’t going to have that $433 at the end of the lease to purchase the device outright, and so will have to roll it into another 2-year monthly payment, and another one after that. So the goal of the program is the same as every other similar one…

its not that they wont have $433, it is that people will be unwilling to shell out $433 for two year old device, if they have an option to renew it for a shiny new model and roll forward into another BNPL loan

Re: The iPhone Upgrade Program is being replaced by Apple Upgrade

#109
post #16

Seems like a good place to also mourn the canonical best iPhone financing method - the blissfully simple Apple Card payment plan. They got rid of it[1] (except if you're engaging in the postpaid carrier contract foolishness) in 2023, which coincidentally was the last time I felt the need to get a new iPhone. I know a lot of people use postpaid, but I can't understand why. I'd challenge anyone to justify that decision…

Apple card installment isn't allowed on EPP stores, right? And you lose credit card extended warranty coverage, which is worth 5% of purchase price easily.
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