It must be fall. The air is getting crisper, leaves are changing and new Apples are appearing–that is the new Apple iPhone 6s and iPhone 6s Plus. Apple introduced the two smartphones last week. They have 3D Touch, live photos and 12 MP iSight camera–all powered by their A9 chip, the most advanced smartphone chip ever. Best of all, Apple is offering their own monthly leasing program that includes AppleCare+ insurance.
Anyone who wants to buy one of the new iPhones can do so without agreeing to a carrier contract (if they have good credit). Apple is offering this program to compete with carriers. The initiative, called the iPhone Upgrade Program, allows customers to finance the iPhone 6s and the iPhone 6s Plus in monthly installments starting at $32 per month. It also allows them to upgrade to the newest iPhone for no extra charge each year. The phones will be unlocked, meaning customers can choose a wireless carrier at will. The phones come with AppleCare+, Apple’s extended warranty and technical support program.
Essentially, the program does away with the traditional two-year contract where customers buy carrier-subsidized phones in exchange for locking in a two-year contract. This has been the model for selling cell phones for a number of years, but wireless operators are moving away from these plans.
This upgrade program allows customers to pay Apple from $32.41 to $44.91 a month, depending on the model. The protection plan offers up to two years of hardware repairs and coverage for up to two incidents of accidental damage. Incidents are subject to a service fee ($99 for iPhone 6 or earlier models and $149 for iPhone 6s or 6s Plus).
Apple is making their program available to “qualified customers only with a valid U.S. personal credit card.” The program requires a 24-month installment loan with Citizens Bank and iPhone activation with AT&T, Sprint, T-Mobile or Verizon.
T-Mobile was the first major US carrier to abandon contracts more than two years ago. You can buy on a monthly plan but once you cancel the service the entire amount is immediately due. They also base their financing plan on what type of credit you have–good, building it or no credit.
Verizon recently announced it is doing away with the two-year contract for new customers. AT&T and Sprint still offer the option to subscribe to a two-year contract, but they also offer device financing and leasing programs.
Apple will still offer iPhones for customers who want traditional two-year contracts. The pricing for new iPhone 6S and iPhone 6S Plus will be the same as last year’s model, starting at $650.
Also of note, the introduction of the new devices lowered the prices of older models. The iPhone 5s will be a free device with a 2 year contract and the iPhone 6 will start at $99 with a 2 year contract.
If you have any questions please call us at WynWay at 765-692-3100. Don’t forget to look for our WynShops which are hour long sessions on how to use your devices and different types of apps. At WynWay, we provide technology services to clients across the country while being locally owned and operated. Feel free to stop into our office between 2:30 and 7:00 p.m. Monday through Friday.
Our services include, but are not limited to:
Smart phone repair
Personal Monthly Tech Support
Business Monthly Tech Support
Are we missing something that you need? Contact us and we can work together to find a solution.