Enter Phone Lease For Free

You must return any devices bought from Rogers in complete and original condition (on financing or with a 2-year fixed term). Rogers will cancel any outstanding financing agreement for the returned devices. Returning your device doesn't automatically cancel your services. Learn more about return conditions.

End of Lease turn-in If you decide not to keep the phone, you must turn it in at a T-Mobile store. You can then decide to start a new lease on a new phone, or talk with our team about other upgrade options, such as an Equipment Installment Plan (EIP).

Leasing a smartphone offers the benefit of being able to upgrade to the latest models regularly without incurring contract fees. Keeping a smartphone at the end of a lease term may require paying a buyout fee to purchase it.

Leasing a phone is similar in concept to monthly installments, as you pay a specified amount per month?the 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.

Key Takeaways. Premium smartphone models can easily sell for $1,000 or more on average. Leasing a smartphone offers the benefit of being able to upgrade to the latest models regularly without incurring contract fees. Keeping a smartphone at the end of a lease term may require paying a buyout fee to purchase it.

No, you will not own the device at the end of your leasing term. However, you do have the option to buy your phone at the end of the term by paying the balance off. Cell phone leasing plans are payment plans where a carrier charges you each month to "rent" their phone.

You can call Rogers at 1 888 764-3771 and follow the prompts to make a credit card, Visa Debit, or Debit Mastercard payment using the interactive phone system or dial *611 from your Rogers wireless device.

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.

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.

If your budget is tight, a payment plan can be a great option, but if you don't want to manage another monthly payment, paying for the phone outright will better fit your needs.