Well if you do the deal right now, the device with Sprint's plan is only $15 a month. Then if you upgrade (for free) to the 6s before the end of the year, you lock in the $15 a month pricing for another year. The $15 pricing is for the 16GB 6 and goes up 5 more dollars per model and GB size. So 6 Plus 16GB is $20, regular 6 64GB is 20, etc.
I spoke with Sprint today and these are some of the "Facts" they gave me about iPhone Forever:
$15/mo (before Dec31) promo is only until you upgrade.
- So if you buy a 6 now and upgrade to a 6S in Jan you now pay $22/mo
iPhone Forever plan is a lease so you don't actually own anything after 24mo
- IF you want to buy the phone you simply pay the balance
- Due to very low Promo pricing then paying off phone is very expensive ($15 x 24mo = $360 meaning after 24mo of payments you still owe $290)
Easy Pay users can switch to iPhone Forever Promo
- iPhone Forever $15 promo requires turning in a phone. Even though you don't actually own an Easy Pay device you didn't pay off yet, you can still turn it in and get discount
$15 and $22 monthly rate is not guaranteed after first year
- Both of these rates are very competitive. So its entirely possible for Sprint to say "iPhone 7 for $30/mo" leaving you with no option but to pay off your leased device.
$5 more per Feature Tier
- $15 is for a 16GB 6S. 6S+ is $5 more ($20/mo), 6S+ 65GB is $5 more ($25/mo) etc
- 16GB is base model which is ridiculous on a 4k capable phone that does Harry Potter videopictures
Taxes. Fees. Activations.
- Just as before, taxes are taken off the entire product even though its just a lease and you'll never own it
- Activation Fee of $36 is required even though activation nowadays is automated and done online
For me, I have two Easy Pay iPhone 6+ which I pay $35/mo for (my balance is $460/ea). My Framily Plan gives me 3 options:
1) Upgrade phone for free and continue $35/mo
2) Keep 6+ and keep paying until I own it (just in time for iPhone 7)
3) Pay off phone ($460 balance) and sell. But with payment plans everywhere the used market may dry up
4) Switch to Easy Pay $15/mo and worry about how Sprint will screw this up later
To be honest, I don't know what I'll do yet because in the end I'm working hard for a fairly minor upgrade. But it does seem like what we thought was a good deal last year is no longer a good deal now.