Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.

phillavelle

macrumors regular
Original poster
Dec 18, 2012
137
72
Los Angeles
Hey all.

Figured I'd sign up for the IUP so I can prepare my order in advance. First time.

But there's no option (see attached).

I can pay in full or do monthly payments. But there isn't a third option to sign up for the upgrade program (I believe the monthly payments is just a general loan thing in addition to the iPhone upgrade program).

Am I being stupid? I'm in the US.

Thanks.
9B7FEE93-F237-4077-8B4E-768E562403F3.png
 

phillavelle

macrumors regular
Original poster
Dec 18, 2012
137
72
Los Angeles
I did try that but it started the credit check process and I didn't want to do a hard pull if it was going to not offer me the option so I stopped. Thanks.
 

phillavelle

macrumors regular
Original poster
Dec 18, 2012
137
72
Los Angeles
Sorry I should have phrased that better..

Yup, first time doing IUP. No problem with them doing a hard pull. I have good credit. Just wanted to make sure it wasn't wasted if they just did a pull for a bog standard finance plan which I'm not interested in.

I actually have the money saved up to buy outright. But am expecting carnage when the pre-orders open so want to have my basket ready to check out rather than risk delays in shipping 😬
 

ricktat

macrumors 68000
Feb 18, 2013
1,931
1,765
IUP doesn't work with a trade in. Take the trade out and you will see the option. But that might be your best option if you have a trade.
 
  • Like
Reactions: 4sallypat

Knowimagination

macrumors 68020
Apr 6, 2010
2,228
1,288
Sorry I should have phrased that better..

Yup, first time doing IUP. No problem with them doing a hard pull. I have good credit. Just wanted to make sure it wasn't wasted if they just did a pull for a bog standard finance plan which I'm not interested in.

I actually have the money saved up to buy outright. But am expecting carnage when the pre-orders open so want to have my basket ready to check out rather than risk delays in shipping 😬
IUP doesn’t give you any advantage for securing a phone over just paying with Apple Pay in the app.
 

Shadowbech

macrumors G3
Oct 18, 2011
9,038
5,894
Sorry I should have phrased that better..

Yup, first time doing IUP. No problem with them doing a hard pull. I have good credit. Just wanted to make sure it wasn't wasted if they just did a pull for a bog standard finance plan which I'm not interested in.

I actually have the money saved up to buy outright. But am expecting carnage when the pre-orders open so want to have my basket ready to check out rather than risk delays in shipping 😬
Seems like the iPhone 12 Pro might be a popular one. I'm not sure about the Pro Max but since I'll be getting the pro max, time will tell. Luckily pre-orders will start at 7 AM CST (5 AM PDT) so it's good for me as I wake up at 6 am and as soon as it opens I'll pre-order. I have it it my favorites so I'll just go immediately to "Favorites" and order there. I do plan on getting the Pacific Blue. so hopefully i can make it but I'm sure it won't be an issue tho. Apple store near me is closed temporarily due to COVID - 19 so they likely won't be receiving any shipments. So that will leave extras on the table. haha
 

phillavelle

macrumors regular
Original poster
Dec 18, 2012
137
72
Los Angeles
I'm guessing it gives you one advantage in that you can literally get everything in place and checkout in seconds compared to coming in cold when the pre-orders open?

Does anybody have experience of using the finance plan (not the iPhone upgrade program, just the regular monthly payment plan)?

I'm wondering if I can just do that then instantly pay it off so that I can secure my "quick checkout" place. Or do they make you stick to the plan?
 

Knowimagination

macrumors 68020
Apr 6, 2010
2,228
1,288
Unless something has changed last years iUP order was no easier or faster than previous years where I’ve purchased outright. Set a favorite in the store and then finish checkout shouldn’t be any slower than one of the monthly purchase programs.

technically you can buy through iUP and just pay it off right away as well, although with it being no interest I don’t really see why you would do that.
 

phillavelle

macrumors regular
Original poster
Dec 18, 2012
137
72
Los Angeles
Got it. I've set some favourites so hopefully it all goes smoothly.

I'm glad they moved pre-orders window to 5am PT. I'm up at 4am and was dreading staying up to midnight. Much better for folks on the east coast too!
 

duaneu

macrumors 6502a
Jun 19, 2010
721
292
Bellevue, WA
I'm guessing it gives you one advantage in that you can literally get everything in place and checkout in seconds compared to coming in cold when the pre-orders open?

Does anybody have experience of using the finance plan (not the iPhone upgrade program, just the regular monthly payment plan)?

I'm wondering if I can just do that then instantly pay it off so that I can secure my "quick checkout" place. Or do they make you stick to the plan?
You can pay off the loan anytime. It's a zero interest loan though if you want to just keep it and pay it off monthly.
 

phillavelle

macrumors regular
Original poster
Dec 18, 2012
137
72
Los Angeles
Thanks for all your help folks.

One final question. Please humour me:

So if I took out the IUP now which is 24 months, but this time next year, I decided to go for the iPhone 13 (dead cert), I'd have to make sure I had paid up to 12 months worth of payments to make myself able to upgrade. I get that. From what I understand, it doesn't have to be 12 calendar months that have passed.. after six months, I can just pay another six months upfront or whatever to put me in a position to be able to upgrade (on the basis that the iPhone 13 will be out in Sept next year if things improve, so it will be less than a year between models.)

Obviously, I'd enter into another 24 month contract then, but what happens to the remainder of the iPhone 12 IUP contract - does that effectively mean I am now in 36 months worth of agreement in total with the new and old agreement? Or when you upgrade at 12 months in, do you just end that 24 month period early and start a new one because you're shipping the last model back?

It works out cheaper for me to pay monthly if I replace every year and get a new one (I think) rather than buying it outright every year. I guess like a car lease..

I just want to clarify that in a years time if I upgrade again, I won't be stuck with a year left on one contract and a new one with two years on top of that.

Does that all make sense? I know what I'm trying to ask but unsure if I'm correctly articulating it :)
 
Register on MacRumors! This sidebar will go away, and you'll see fewer ads.