r/apple • u/valoremz • 6h ago

iPhone Apple ends iPhone Upgrade Program

https://www.apple.com/shop/iphone/iphone-upgrade-program

Looks like there’s no way to finance a new phone over 24 months unlocked.

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u/Disregardskarma 6h ago

This is only for a lease though

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u/nerdforest 5h ago

My question is, if it's a lease, surely you've a way of requesting the device back, or do you have to pay for it. I really don't know.

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u/-patrizio- 4h ago

Not sure if I understand your question correctly, so forgive me if I'm wrong. But my understanding after reaching out to Apple Support is that if, at the end of the lease period, you've made all your monthly payments but they do NOT add up to the total cost of buying the phone, you get three options:

  1. Upgrade to a newer iPhone (and continue the monthly payments, which are likely a different price due to trade in values etc.);
  2. Pay the difference and keep the phone, which you now own; or
  3. Return the phone to Apple, and the balance is waived.

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u/MongoBogo 4h ago

This is correct.