Carrier T-Mobile on Demand New Program - no brainer?

anewfoundsin

macrumors member
Original poster
Jun 20, 2009
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0
I wanted to see if this sounds like a good deal. T-mobile just started a new Jump On-Demand where you can lease an iPhone 6 for only $15 a month & No money down for those with good credit. Just pay $15 a month and you can simply turn in the phone at any time and upgrade (with a new lease plan obviously) up to 3x a year. Sounds like a good plan for those that like to have the latest device at all times?
 

driceman

macrumors 6502
Mar 13, 2012
313
183
It's a great plan if you want the latest phone at all times. You'd save a ton of money by buying your phones outright and only buying a new one every two-three years, however.
 

Andres Cantu

macrumors 68030
May 31, 2015
2,903
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Rio Grande Valley in South Texas
I sold my unlocked iPhone 5s for $250 (I know, I could have sold it for a bit more, but it didn't take me long to find a buyer), which is more or less what I'm gonna pay for leasing the iPhone 6 for 15 months ($15 + tax x 15 months) and then jumping to the iPhone 7.

I don't mind paying a bit more to have the latest phone every year after that because I don't have to deal with the hassle of finding a good buyer willing to pay a good price for a two year old phone.
 
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Flow39

macrumors 68000
Sep 7, 2014
1,667
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At the Apple Store
I prefer buying my phones outright and actually own them, so this wouldn't be good for me. Plus, if you can't get a 64/128 GB phone, then I'm definitely out. I'll stick to my T-Mobile Prepaid $30 plan.
 

JuryDuty

macrumors 6502
Sep 22, 2014
320
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Texas
I think it's a heck of a deal. Even if you don't jump to a new phone, $15/month is supercheap for an iPhone lease. AND the small print states that you're actually paying the phone down so if you decide you want to own it, you just pay the difference and it's yours. Seems a win-win to me.
 

bhayes444

macrumors 6502a
Jul 13, 2013
772
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barkomatic

macrumors 601
Aug 8, 2008
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Manhattan
I don't usually like the lease plans but at $15 a month--that's actually cheaper than buying it. Unless I'm missing some pertinent detail.
 

bhayes444

macrumors 6502a
Jul 13, 2013
772
287
I don't usually like the lease plans but at $15 a month--that's actually cheaper than buying it. Unless I'm missing some pertinent detail.
The only detail is that after 2 years you have to lay the difference between what the phone actually costs and what you've paid. So, the iPhone 6 would cost an additional $160 or something like that. T-Mobile isn't going to lease it for less than it's worth.
 
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slippery-pete

macrumors 68000
Jun 23, 2007
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I wanted to see if this sounds like a good deal. T-mobile just started a new Jump On-Demand where you can lease an iPhone 6 for only $15 a month & No money down for those with good credit. Just pay $15 a month and you can simply turn in the phone at any time and upgrade (with a new lease plan obviously) up to 3x a year. Sounds like a good plan for those that like to have the latest device at all times?
Only issue I can see is that you are stuck to T-Mobile service
 
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geoff5093

macrumors 68020
Sep 16, 2014
2,221
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Dover, NH
You guys seem to forget that this is just a promo pricing, and requires a smartphone to be traded in to get the $15 monthly lease. It's unlikely this will be a permanent promotion, so the price in the future will likely be ~$30 like the S6 and other high end phones are.