alt Hacker NewsOwn nothing and be happy. Hope people don't fall for this BS. The only thing you can control is to decide where to spend your own money and time.
Replies
rob • today at 1:11 PM
Oh no, I get to pay $11/month (after trading in my 15 Pro Max) with 0% interest for a new iPhone 17 and return it for another new one in a couple of years, or buy it outright at the end (and own it.) I'm such a sucker.
RivieraKid • today at 12:19 PM
What about it is BS? I don't see any issue with leasing things if it does make me happier.
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If anything, I think the terms for this are almost too good. You never end up paying more than the cost of purchasing the device outright if you decide to keep the device. And considering it can have a term of up to 30 months (24 month lease, with 6 months more before you're charged the remaining cost of the device), you've just gotten a zero percent interest loan for 30 months. That's actually cheaper than buying it outright at the start of the term due to inflation. I seriously cannot see a downside to this program on the consumer's end if they end up keeping the device.
If the customer is the sort of person that upgrades yearly then it reduces hassle: no extra effort for valuing a trade-in or selling to a third party. It affects these customers the most because they might be able to recoup more in a third party sale in exchange for effort on their part.