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

Discussion in 'iPhone' started by anewfoundsin, Jun 29, 2015.

  1. anewfoundsin macrumors member

    Joined:
    Jun 20, 2009
    #1
    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?
     
  2. driceman macrumors 6502

    driceman

    Joined:
    Mar 13, 2012
    #2
    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.
     
  3. Andres Cantu, Jun 29, 2015
    Last edited: Jun 29, 2015

    Andres Cantu macrumors 68030

    Andres Cantu

    Joined:
    May 31, 2015
    Location:
    Rio Grande Valley in South Texas
    #3
    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.
     
  4. bhayes444, Jun 29, 2015
    Last edited: Jun 29, 2015

    bhayes444 macrumors 6502a

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    #4
  5. techiegirl macrumors 6502a

    techiegirl

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    Sep 7, 2007
    #5
    So if I want to get a 64 or 128gb iPhone, I can't do Jump on Demand?
     
  6. Andres Cantu macrumors 68030

    Andres Cantu

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    May 31, 2015
    Location:
    Rio Grande Valley in South Texas
    #6
    You can, but I believe only the 16GB iPhones qualify for the $15 and $19 per month promotion.
     
  7. Truefan31 macrumors 68040

    Truefan31

    Joined:
    Aug 25, 2012
    #7
    So this new program requires paying for jump every month?
     
  8. Flow39 macrumors 68000

    Flow39

    Joined:
    Sep 7, 2014
    Location:
    At the Apple Store
    #8
    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.
     
  9. JuryDuty macrumors 6502

    JuryDuty

    Joined:
    Sep 22, 2014
    Location:
    Texas
    #9
    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.
     
  10. bhayes444 macrumors 6502a

    Joined:
    Jul 13, 2013
    #10
    http://newsroom.t-mobile.com/content/1020/files/NewJumpOnDemandFactSheet.pdf

    It doesn't look like the larger capacities are available for the promotion yet.
     
  11. bhayes444 macrumors 6502a

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    Jul 13, 2013
    #11
    From my understanding you only pay when you JUMP. I haven't read much into it though...
     
  12. JuryDuty macrumors 6502

    JuryDuty

    Joined:
    Sep 22, 2014
    Location:
    Texas
    #12
    No, it's a $15/month plan to be able to jump up to 3x/year.
     
  13. bhayes444 macrumors 6502a

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    Jul 13, 2013
    #13
    Okay, cool deal
     
  14. Truefan31 macrumors 68040

    Truefan31

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    Aug 25, 2012
    #14
    So it's 15/month for the jump service every month on top of the lease payment?
     
  15. Akack macrumors 6502a

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    Mar 5, 2011
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    USA
    #15
  16. techiegirl macrumors 6502a

    techiegirl

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    Sep 7, 2007
  17. barkomatic macrumors 68040

    Joined:
    Aug 8, 2008
    Location:
    Manhattan
    #17
    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.
     
  18. bhayes444 macrumors 6502a

    Joined:
    Jul 13, 2013
    #18
    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.
     
  19. slippery-pete macrumors 65816

    slippery-pete

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    Jun 23, 2007
    #19
    Only issue I can see is that you are stuck to T-Mobile service
     
  20. geoff5093 macrumors 68000

    geoff5093

    Joined:
    Sep 16, 2014
    Location:
    Dover, NH
    #20
    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.
     

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