Hey guys, so currently I'm looking into the Apple Upgrade Program. I used to think it's the worst option to buy an iPhone judging from Apple's pricing scheme. But it turns out this is a decent deal to get a new iPhone. I need help to understand what the catch of this is. So the only phone I'm interested is the 7 Plus 128gb. Monthly payment for 24 months is $41.58. Over 24 months I'll pay a total $997.92. And this includes Applecare+. Now if I pay the phone upfront, total cost is $938.52 including tax. So the total cost under Apple Upgrade Program is $59.4 more. That's not expensive at all considering it also has Applecare+ and I don't have to deal with reselling next year. I heard there's an enroll fee of $50 or something. But still it's not too bad of a deal. What's the downside of this??