Compile Us Phone Lease For Free

Verizon unlimited plan: How it compares on price Monthly price comparison1 line4 linesVerizon$80$180U.S. Cellular$70$180Boost$50$140Metro by T-Mobile$50$1404 more rows

What happens when my lease ends? At the end of the 18-month Flex lease agreement, customers in good standing can choose to: Upgrade to a new phone. The phone you were leasing must be returned in good working condition and undamaged.

Leasing a phone is similar in concept to monthly installments, as you pay a specified amount per monththe main difference between the two is that you won't keep the phone at the end of a lease, whereas the phone is yours when paid for through monthly installments.

With a financing contract, you buy the phone, and if you sell it, you can use the money to pay it off immediately. With a lease, however, the phone is not yours to sell. If you choose to buy the phone after the lease term, you are free to sell it.

IPhone Forever essentially replaces a contract with another program that keeps customers loyal. The company collects slightly less money each month for every iPhone it leases, but it still owns those phones and can recoup any losses by selling them when the customers turn them in.

At the end of the leasing period, Sprint will still own the device; if you want to keep it for yourself, you can pay an additional amount in order to purchase it (usually between $150 - $200 or 25% of the purchase price).

Today, Sprint responded by announcing that its prepaid brand Boost Mobile will offer customers 5 lines of unlimited data for $100/month. Both offers include taxes and fees in the price. Besides including unlimited data, Boost Mobile's plan also includes unlimited talk and text as well as 50 domestic roaming minutes.