Can anyone clarify what will happen to “Day 1 iPhone X” (D1iX) purchasers on the upgrade program?
My biggest concern (which I hope someone can explain) is the fact that the Keynote falls on a Wednesday, Sept 12th and when all of D1iX purchasers realize they have to pay 2 additional months to Citizens One Bank so that they can upgrade, the payment will not process till Thursday, Sept 13th and not possibly update until pre-order day, Friday, Sept 14th, leaving thousands panicking and/or pissed.
Should we just go ahead and pay our 2 months advance now?
I have another hot topic that hopefully someone can write up or research more: iPhone 7 Upgrade Program paying 14 months of payments, just to turn in the iPhone 7 to upgrade the iPhone X, and now having to pay an additional 2 months and trading in the iPhone X just to upgrade to the iPhone XS. Does that sound right to you? The Day 1 customers on the upgrade program are paying way more overall because of Apple’s own manufacturing woes. Essentially, Apple could purposely delay production for a month and collect an extra month of payment (would equal to millions for Apple), just to get our iPhone trade-in to refurbish and resell themselves.
If you look at the iPhone Upgrade Program as the leasing program it is (like a car) they essentially are giving a contracted valuation of your phone at certain times of your lease. Technically, after 12 months of payment, your phone’s value equals to 50% of the purchased price—Apple will pay off the remainder of the balance upon receiving your device in an expected condition.
I.E. With the iPhone 7 (128gb) , I made payments of $36.58 for 14 months (Sept 2016 - Oct 2017) totalling $438.96, so technically the value of my iPhone 7 on Dec 2017 was approximately $211 ($649-monthly payments) aka the payoff.
Nov 2017 I turn in my iPhone 7 to get the iPhone X (128gb), and pay $56.16 for 10 months, totalling 561.60. I now have to pay an additional $112.32, in order to preorder the iPhone XS. The value of my iPhone X is technically $674.
So in actuality, I got screwed by Apple for 2 additional months of payment for the iPhone 7 and now I have to pay an additional 2 months just to order the iPhone XS.
Ok, I just went down a deep rabbit hole, but it’s late for me so I’m not going to reread what I wrote and hopefully it makes sense to someone. I’ll reread and edit tomorrow. Unless someone can put it into better words for me. Thanks.
My biggest concern (which I hope someone can explain) is the fact that the Keynote falls on a Wednesday, Sept 12th and when all of D1iX purchasers realize they have to pay 2 additional months to Citizens One Bank so that they can upgrade, the payment will not process till Thursday, Sept 13th and not possibly update until pre-order day, Friday, Sept 14th, leaving thousands panicking and/or pissed.
Should we just go ahead and pay our 2 months advance now?
I have another hot topic that hopefully someone can write up or research more: iPhone 7 Upgrade Program paying 14 months of payments, just to turn in the iPhone 7 to upgrade the iPhone X, and now having to pay an additional 2 months and trading in the iPhone X just to upgrade to the iPhone XS. Does that sound right to you? The Day 1 customers on the upgrade program are paying way more overall because of Apple’s own manufacturing woes. Essentially, Apple could purposely delay production for a month and collect an extra month of payment (would equal to millions for Apple), just to get our iPhone trade-in to refurbish and resell themselves.
If you look at the iPhone Upgrade Program as the leasing program it is (like a car) they essentially are giving a contracted valuation of your phone at certain times of your lease. Technically, after 12 months of payment, your phone’s value equals to 50% of the purchased price—Apple will pay off the remainder of the balance upon receiving your device in an expected condition.
I.E. With the iPhone 7 (128gb) , I made payments of $36.58 for 14 months (Sept 2016 - Oct 2017) totalling $438.96, so technically the value of my iPhone 7 on Dec 2017 was approximately $211 ($649-monthly payments) aka the payoff.
Nov 2017 I turn in my iPhone 7 to get the iPhone X (128gb), and pay $56.16 for 10 months, totalling 561.60. I now have to pay an additional $112.32, in order to preorder the iPhone XS. The value of my iPhone X is technically $674.
So in actuality, I got screwed by Apple for 2 additional months of payment for the iPhone 7 and now I have to pay an additional 2 months just to order the iPhone XS.
Ok, I just went down a deep rabbit hole, but it’s late for me so I’m not going to reread what I wrote and hopefully it makes sense to someone. I’ll reread and edit tomorrow. Unless someone can put it into better words for me. Thanks.