Edit Us Phone Lease For Free

If you're signed up to a 18-month Sprint Lease plan with iPhone Forever or Galaxy Forever, you'll receive an automatic early upgrade option after your first year. After 12 months of payments, you'll be able to upgrade your leased device to a newer model (but again, you'll need to hand back your phone to do so).

Buying your leased device This amounts to about 25% of device purchase price or $200 or less?basically, the difference between what you've already paid, and the full price of your leased phone. This remaining balance can either be paid off in one lump sum or divided over nine more monthly payments.

Dial 2 on your Sprint phone and talk to customer service. Speak to a service representative and tell them you want to cancel your account due to material changes to the contract.

1 reply. On a lease, even paying it off. The device has to be returned at the end of the lease or purchased at an additional cost. An EIP however, means you own the device after all of the payments are made or the device is fully paid for.

If the entire bill is not paid, first service is suspended and then ultimately cancelled.

After your lease ends, a charge will appear on your bill for the remaining purchase-option price of your device, plus taxes.

Leasing company owns the phone On the other hand, when you purchase a smartphone, it's yours. That means that you can decide what to do with it, including whether to keep it or sell it to someone else. You don't have that option with leasing, unless you decide to buy the phone later.

When you rent-to-own a phone, the phone company will agree on a contract where you agree to lease the phone for a set contracted period before owning the phone. During this period, a set amount from your monthly rental fee goes toward your equity in the phone.

Sprint Lease If the leased device or authorized replacement is returned to Sprint in good condition within 30 days of the new upgrade device shipping, Sprint will credit your account in the amount of the final purchase option price that Sprint charged to your account at the time the lease was cancelled.

Sprint Flex Lease Explained After the lease is up you will NOT own your phone unless you pay a buyout fee after the lease is up. All together you have three options at or after your 18-month lease is up: You can buy the phone.