The iUP is a special sort of set up. If you’ve just got the Barclays finance, that’s essentially just a loan between you and Barclays, so “handing it back to Apple” isn’t really a thing like it is on the iUP. It’s up to you to settle the loan any way you wish.No...!
I'm not on the iUP - I'm on Barclays Finance.
I think the reason for my confusion is that on iUP, when you hand back your old phone, it automatically pays off the existing balance of it and then when you select the new phone, a new iUP starts again.
This does not appear to happen with Barclays Finance - you hand back the phone to Apple and they just credit you with a sum of money which then goes towards paying off the current loan. If it does not cover the balance of the outstanding loan amount (as in my case) then that cost goes on to the new phone, hence why it says I'll be charged this at the checkout.
I think for this reason and due to the similarities of the 12 vs the 13, I will skip upgrading this year which will mean this time next year, my 12 will have been paid off in full with Barclays so will be in a better position to upgrade.
i think the options you’re seeing are just what Apple would give you for trade in, which you could then put towards your loan balance.