The iPhone Upgrade Program is being replaced by Apple Upgrade

Post by ChrisMarshallNY » Wed, Jul 29, 2026, 12:29 AM UTC

edoceo wrote: post #114

Aurornis wrote: post #100

Earlier quoted context omitted.

You know those financially irresponsible people don’t need this program, right? They would have used a credit card to buy it with much worse terms You seem tilted at Apple for offering a financing option, but your real gripe is apparently with some people who have poor financial decision making skills. Those people could (and probably would) do a lot worse with traditional options like a credit card. Can we at least…

From that lens this is a better option for the "buyer" (renter). Cause revolving credit is >10%, sometimes even more than 15%!

Post by Danox » Wed, Jul 29, 2026, 12:41 AM UTC

quickthrowman wrote: post #93

paxys wrote: post #65

Earlier quoted context omitted.

> 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…

> A lot of people aren’t going to have that $433 at the end of the lease to purchase the device outright If someone can’t plan ahead 2 years for a $433 expense, they definitely should not have a top of the line iPhone. When my income was low I had an iPhone SE that cost $329.

Post by olyjohn » Wed, Jul 29, 2026, 12:50 AM UTC

ZekeSulastin wrote: post #226

horsawlarway wrote: post #215

Earlier quoted context omitted.

I don't understand this mindset. I get that people who are going to upgrade to the latest flagship phone every 18-24 months will probably do better with this, but realistically... those people are fucking insanely financially irresponsible (and if you can afford it - no shade, I guess, its your money - lord knows I burn lots of cash on hobby projects of my own, although I tend to buy things that are actually projects…

So how much annually do you spend on your hobbies, anyways, if you're going to declare getting a new phone every two years "fucking insanely financially irresponsible" :p Glass houses and all that, right?

Post by p1necone » Wed, Jul 29, 2026, 12:53 AM UTC

horsawlarway wrote: post #215

0x457 wrote: post #180

Earlier quoted context omitted.

Well, lets do math: - from this thread: 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 If you upgrade your phone every 1-2 years then what you pay for the phone is something like "full cost - optimistic trade-in value". I see no reason not to do if you know you going to upgrade.

I don't understand this mindset. I get that people who are going to upgrade to the latest flagship phone every 18-24 months will probably do better with this, but realistically... those people are fucking insanely financially irresponsible (and if you can afford it - no shade, I guess, its your money - lord knows I burn lots of cash on hobby projects of my own, although I tend to buy things that are actually projects…

Post by olyjohn » Wed, Jul 29, 2026, 1:01 AM UTC

esikich wrote: post #241

Zambyte wrote: post #159

Earlier quoted context omitted.

Selling my car that I fully owned in favor of a nice bicycle and an e-scooter was one of my best financial decisions in the last few years. I don't have to deal with insurance, parking (if parking is free by you, it shouldn't be), maintenance (I work on them myself, I just pay for cheap parts), and fuel is effectively free. That's all on top of the car payment for people who haven't paid off their car.

You do understand that unless you live in a relatively warm metropolis this is literally not an option right?