Last year, Apple debuted their iPhone Upgrade program in which you pay a flat monthly fee and get a new iPhone every year and all the carriers followed suit. It was my understanding that you would only pay a monthly fee, and wouldn't have any extra payments, namely down payments. So my questions are as follows: Does Apple's iPhone Upgrade program require you to pay a down payment on a new phone or do they just keep charging you the same monthly fee (for your tier) when you trade-in? Do carriers have the same type of program? (No-large down payments nor paying off old phone) I bought into T-Mobile's iPhone every year program and now I'm expected to pay a down-payment on the new phone, while trading in my currently leased phone, on top of monthly fees. Am I being bamboozled? What should I do next? I just want to pay a monthly subscription for my iPhone, with no large payments whenever a new phone is released.