Do any of you know know or understand the return policy for iPhones after exercising the upgrade. I upgraded my 6S Plus (on IUP) on Saturday to a BLACK 7 Plus (on IUP) but I would like to return it as i just got the e-mail from apple saying a Jet Black iPhone would be waiting for me at my preferred store on Oct. 3rd. This is the return policy on Apple's website: Return of New, Upgraded iPhone After Exercising Upgrade Option. Should you exercise the Upgrade Option and subsequently return your new, upgraded iPhone under the terms of Apple’s Returns and Refunds Policy, the Financed iPhone that you traded in will not be returned to you and the New Installment Loan associated with your new, upgraded iPhone will be terminated. You will, however, owe the difference, if any, between the prevailing Reuse and Recycling Program value at the time of exercising the Upgrade Option on your original Financed iPhone that you traded in, as determined solely by Apple or its Trade-In Service Provider, and the remaining balance of your original Installment Loan. If there is a surplus between the prevailing trade-in value of your original Financed iPhone that you traded in and the remaining balance of your original Installment Loan, you will be issued an Apple Gift Card for the amount of the surplus. BUT i do not understand the section that is in bold letters. Would anyone be kind enough to clarify this for me?