Let's say you bought an iPhone 6 at launch and pay $27 a month.
You owe 1 year @ $27 x 12 months = $324.
With this promotion you pay $5 a month.
You save $22 a month on your bill by switching to this promotion.
$22 x 12 = $264 is saved this year by switching.
Since it's an 18 month lease, add another six months of paying $5 instead of $27(assuming you finance a phone of the same value).
$22 x 6 months = $132.
So in an 18 month period you'll be saving $264 + 132 = $396 and, of course, you'll be using an updated phone.
Not to mention, you can buyout the phone at the end of your lease for a heavily discounted price. It's really not a bad deal.
You owe 1 year @ $27 x 12 months = $324.
With this promotion you pay $5 a month.
You save $22 a month on your bill by switching to this promotion.
$22 x 12 = $264 is saved this year by switching.
Since it's an 18 month lease, add another six months of paying $5 instead of $27(assuming you finance a phone of the same value).
$22 x 6 months = $132.
So in an 18 month period you'll be saving $264 + 132 = $396 and, of course, you'll be using an updated phone.
Not to mention, you can buyout the phone at the end of your lease for a heavily discounted price. It's really not a bad deal.