Extend Phone Lease For Free

Keeping a smartphone at the end of a lease term may require paying a buyout fee to purchase it. Leasing could save money over buying new phones, but it doesn't convey ownership, similar to leasing a car or an apartment.

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).

You'll need to pay any remaining lease charges and then decide if you want to return the phone to Sprint or buy it. Paying for the phone(s) or returning them to Sprint will complete your commitment and end any future charges.

Once the leasing term is up, you can either swap the old phone for a newer one (at likely a more expensive leasing cost), pay off the remaining cost of the phone immediately to own it outright, or switch to an installment plan to pay off the remaining cost that way.

Leasing company owns the phone That means that you can decide what to do with it, including whether to keep it or sell it to someone else.

Purchase Option Some consumers want to buy their Android or Apple devices after the lease period is over. Each Sprint Lease agreement includes a Purchase Option Price. Consumers should locate the price on their lease. It is typically around $200 or less.

Your mobile provider could cut your phone off so you're unable to make or receive calls. If you don't take steps to deal with the debt, your account will default and the contract will be cancelled. The mobile provider can then take action to recover the outstanding bill, following the normal debt collection process.

Once your 24 month Installment Agreement has been paid in full, you are eligible to upgrade to a new device. In stores and on customer service calls, a $35 assisted or upgrade support charge may be required. To learn more, visit sprint.com/easypay.

After 18 Months After 18 monthly payments, your Sprint Flex Lease is technically over, though you can decide to lease it as long as you want. However, if you want to buy the phone, you will pay the Fair Market Value price (different than the Purchase Option Price above).

You'll need to pay any remaining lease charges and then decide if you want to return the phone to Sprint or buy it. Paying for the phone(s) or returning them to Sprint will complete your commitment and end any future charges.