How is this process going to work for T-Mobile customers? Will we be allowed to reserve a phone for in store pickup since it will have to be activated in store? Can someone please let me know. Thank you!
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Apple Allowing iPhone Upgrade Program Customers to Get a 'Head Start' on iPhone X Upgrade
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Paying for the phone up front for me costs me a line fee on Verizon of $40 per month. With a DPP that is interest free, my line fee is $25 so I'm saving money on my bill and not paying interest on the phone. Costs me more to just buy the phone outright even though I could.
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Amen I second that and have leased now for 12 years and I love it! Why not get a new whip every 3 years zero down etc? I even get credit since I’m so under my mileage each lease gets cheaper and with cars these days Plus appreciation lease is the way to go! Same with my IPhones they loose allot of value in a year why not have a 0% loan and get the new model each year?
yes, it was locked in. Said something like ships in 2-4 weeks.
Im actually not sure what time i ordered it Stateside as I was traveling overseas in Germany at the time LOL
But the approval was right away for me.
I’m not sure why there is a question mark. There is no dispute. It’s a loan. Which sounds ridiculous to buy a phone but for many it’s the other benefits that make it’s a solid program.
Don’t assume only broke people get loans. Even corporations like Apple with billions in the bank use loans to make purchases. At 0% they are giving you free money. And the credit hit is marginal at best. That said, if you are concerned about the minor hit to your credit then that is the real worry not whether broke people are borrowing to buy a iPhone.
Certainly people who can not afford a $1000 phone outright are purchasing the phone using a financing option. But again. Not our business. If they can afford the payments and meet the credit requirements good for them. This is their priority.
Mr D-
You can’t win with that guy. He’s obviously not done his homework it’s all good I appreciate your response to him that’s what I was going to ask. Lol
Your interpretation of the T+C’s is incorrect. Taxes and fees do not include the full purchase price of AppleCare+.
I am currently on the iPhone upgrade program and the monthly charge corresponds with the price of the phone + price of AppleCare+ divided by 24.
Even if you can pay for the phone outright you always take the no interest loan. Economics 101
I mean, I could afford to buy a bunch of these all at once, but I don’t feel like having to sell my device every year. So I do what any sensible person would do in that position, get a 0% loan to pay it off monthly and simply swap out last year’s device for the new one.
Might be good to speak for yourself and not assume everyone on the IUP can’t afford to buy the phone up front. If anything, we’re spending more. If you want to deal with the hassle of selling your phone every year, you can get more than 50% back, so it actually costs less to buy a new one every year.
You actually shop at Walmart and have the opportunity to walk by the layaway line and you’re trying to educate people on 0% financing? That’s rich.
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When your score is over 800... the “hit” amounts to nothing at all. People don’t maintain good credit to not use it. You have a very poor mentality. Good luck
The bottom line is the taxes + AppleCare+ + one year of IUP payments was still less than what the difference was between the price of a new phone (and taxes and AppleCare+, which I would get anyway) and the average selling price of a one year-old version of that model on the used market.
In short, if I am upgrading annually the IUP costs me less than owning the phone outright would, which is why I do it.
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Moreover I actually had my score drop a few times and when I contacted credit bureaus about it I was told my score dropped because I didn't have any recent revolving loans outstanding - so IUP actually helps maintain my score.
In short, if I am upgrading annually the IUP costs me less than owning the phone outright would, which is why I do it.
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Moreover I actually had my score drop a few times and when I contacted credit bureaus about it I was told my score dropped because I didn't have any recent revolving loans outstanding - so IUP actually helps maintain my score.
There's no additional cost in this. 0% financing. You would have to be stupid not to take it, especially those who upgrade yearly. You end up saving money, and you get Applecare+ built in. The fact that Apple increased the cost of Applecare+ standalone means the IUP is an even better deal.
Seriously, if you are in the US, the IUP is a no-brainer.
So, only good for those still in the program.
Those of us who supported the program on 6s launch day are left in the cold...
Those of us who supported the program on 6s launch day are left in the cold...
I assume that there'll be no "in the order received" for the pre-check starting the 23rd, right? (I'd rather not get myself up at midnight both Sunday and Thursday. 
)
)I assume that there'll be no "in the order received" for the pre-check starting the 23rd, right? (I'd rather not get myself up at midnight both Sunday and Thursday.
Haha no I don't think so but i'm sure first come first served until the server crashes.
-Mike
Nice. Thanks. I’m glad to know once you order via upgrade it locks you in. As long as you approved. I just kept fearing that if approval took an hour my order would slip.
Thanks.
IDK that most people NEED it. They are taking advantage of being able to buy a new phone every year by paying off only half of the previous model. I take advantage of TMO's installment plans because they always offer a discount over the new device. This year I am trading in a 15gb iphone 6 for $300 in credit towards the X so long as I pay via loan.
How does sales tax make Apple richer? And I use AppleCare since I prefer to be caseless. It eases my mind in terms of potential breakage. So either way I’d be spending that money.
Also, the credit check is a small hit and it’s gone after a certain period. Not likely to have any imapact on a loan since I have great credit anyway.
You said then: ""Paying only half the price." And you said now: "So either way I'd be spending that money."
I said then, and repeat: "Not really"
Why?
First, not debating your financial standing. Or the use of money which, of curse, is entirely yours to dispense as you see fit. But you were leading the unaware by simplification:
- actual loss of 50% of the sales tax payment: If you live in a sales tax state (other than Alaska, Delaware, Montana, New Hampshire, Oregon, in alpha order) then half the taxes, accrued to Apple in month one, are lost.
- actual loss of one year of AC+ protection: You paid for a two-year accidental protection to cover two hardware incidents, which if not used in year one the protection will be lost since it does not accrue to your new device.
- potential credit downgrade as lenders do not grade kindly the excessive use of borrowing (10% of your credit balance) and/or the number of hard pulls on your credit history (within two year window).
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Sorry dude. Can only speak off the Terms and Conditions as published.
- First Installment Payment. Your first installment payment under your Installment Loan will be authorized on your credit card at the time of purchase, pick-up, or shipment and will be processed within three days. For purchases made at an Apple Retail Store, all applicable taxes and fees due on the purchase of the Financed iPhone and AppleCare+ are included in your first installment payment to Bank. For purchases made on apple.com, your credit card will be charged with two separate transactions: (1) applicable taxes and fees on the full retail price of the Financed iPhone and AppleCare+ will be paid to Apple; and (2) the first payment of your Installment Loan will be paid to Bank.
With respect to iPhone upgrade program, I found I was just buying phones and being too lazy to sell them when I upgraded so the program makes perfect sense to me. I get a new phone every year for exactly the same price as if I paid cash up front (except I can keep most of my money in the bank and only pay 1/24th of the cost each month and, best yet, I don’t ever have to hassle with selling the phone.
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