Apple Upgrade Program Lease an iPhone for just $17.99/Month via Klarna
Apple has launched a program called Apple Upgrade Program. It is a device leasing program. Under this program, customers can use iPhone, Mac, iPad and Apple Watch by paying a fixed amount every month. Know how this plan works and who will benefit from it. Apple has launched a new device leasing program for its customers called Apple Upgrade.
Under this program, customers can use iPhone, Mac, Apple Watch and iPad by paying a fixed amount every month instead of paying a lump sum price. This service has been started in collaboration with the financial company Klarna. The special thing is that after the completion of the lease, customers can upgrade to a new model. They can also buy the existing device and then return it.
What is Apple Upgrade program?
The Apple Upgrade program is a leasing program. Instead of purchasing their chosen device, customers can use it by paying a fixed monthly installment. While this isn’t traditional, it’s a leasing model that offers customers various options after a set period of time.
Which devices are eligible for the Apple Upgrade Program?
This program currently includes four product categories: iPhone, Apple Watch, Mac, and iPad. Each device has a different warranty period. According to the company, the warranty period is 12 or 24 months for iPhone and Apple Watch, and 24 or more (up to 36) months for Mac and iPad.
How much money needs to be paid every month?
Apple has fixed the starting monthly fee for different devices. It is $17.99 per month for iPhone, $11.99 per month for Apple Watch, $24.99 per month for Mac and $11.99 per month for iPad. If the customer exchanges his old Apple device under Apple Trade In, then its value can be used to reduce the monthly payment.Customers who will pay with Apple Card will get 3 percent daily cashback on every lease payment. This new program of Apple is currently available in America on Apple Store website, Apple Store app and offline stores.
What will happen when the lease expires?
When the lease ends, you’ll have three options: upgrade to a new Apple device, keep your existing device for a one-time payment, or return the device and exit the program. Choose the option that best suits you.
What will happen to the old iPhone upgrade program?
Apple has decided to discontinue the iPhone upgrade program and iPhone payment option in the US with the new Apple Upgrade Program. Customers already using the iPhone upgrade program can switch to the Apple Upgrade if eligible. They will also have the option of using Apple Card monthly installments, purchasing directly, or carrier financing.