AppleInsider is supported by its audience and you may earn commission as an Amazon Partner and Affiliate Partner on eligible purchases. These affiliate partnerships do not affect our editorial content.
There are several ways to buy Iphone Beyond paying the full retail value up front. Here’s how Apple’s iPhone Upgrade Program compares to carriers’ programs.
The iPhone Upgrade Program allows customers to get a new iPhone every year after making at least 12 payments. The payment plan includes AppleCare+ insurance by default, and customers can choose AppleCare+ with Theft and Loss for an additional price.
Monthly amounts depend on the iPhone model. For example, file iPhone 14 With 128GB of storage, it’s $39.50 per month in the program. The cost is spread over 24 months or 12 months if the customer upgrades.
The software drawback for some customers is to return the iPhone to Apple instead of getting some of the cost back by selling the old model. On the other hand, one of the advantages of the program is that the iPhone is not tied to a multi-year service contract.
The program works with AT&T, T-Mobile, and Verizon. Apple is connecting the new iPhone to the carrier, so customers don’t have to do anything.
Carrier pricing for iPhone 14
Each carrier offers their version of the iPhone Upgrade Program by splitting payments, usually over 24 months, but some carriers spread the cost further. These prices are for the iPhone 14 128GB model as an example.
AT&T says customers must sign up for a 36-month installment plan to qualify for the iPhone 14 promotion. Existing customers may find other installment options in their accounts. AT&T has a file support page More information.
T-Mobile Payment Plan
T-Mobile has an old installment plan called Forever Upgrade for customers who are currently registered. Unfortunately, it is no longer available for new recordings.
Customers have to wait 24 months to upgrade to maintain their iPhone’s replacement value. They can upgrade to an eligible iPhone before that and lose the installed value.
Customers can lose upgrade benefits forever if they switch to a ineligible plan, trade in a ineligible iPhone, or trade in their iPhone through a non-eligible channel, such as a rental.
Currently, T-Mobile offers upgrade options through its Magenta MAX plan. For example, customers can get 24 monthly invoice credits for iPhone 14 Pro By trading in an eligible device or switching to Magenta MAX.
Depending on the barter device, the carrier offers different amounts from a new purchase. For example, it offers a discount of up to $1,000 by trading iPhone 11 Pro, iPhone 11 Pro Max, iPhone 12 Pro, iPhone 12 Pro Max, iPhone 13 Pro, or iPhone 13 Pro Max.
The lowest bid of up to $400 occurs when a customer trades the second generation iPhone 7, iPhone 7 Plus, iPhone 8, iPhone 8 Plus or iPhone SE.
Without Magenta MAX, T-Mobile offers up to $500 through 24 monthly bill credits when customers trade in an eligible device.
There’s also a $700 Buy One Get One iPhone 14 or iPhone 13 Series device to get up to $700 per second across 24 monthly bill credits when customers activate two or more new lines or add one for existing customers.
The downside to T-Mobile is iPhone 14 pre-orders that happened On September 9, the carrier encountered technical difficulties due to high demand, and many customers were unable to place a pre-order.
AT&T Payment Plan
AT&T is offering the iPhone 14 128GB for $22.23 per month and they have an early upgrade plan called AT&T Next Up. Signing up costs $6.00 per month, and customers earn monthly bill credits for the device through a qualified trade-in process.
If customers are trading for an AT&T device offer, credits usually start in 2-3 billing cycles once the old device is received and verified by the carrier. For no-show exchanges, customers receive a promotional card from AT&T for the value of their device.
Like T-Mobile, AT&T offers different amounts of money depending on the value of the trade. For example, 256 GB trading iPhone 13 Pro For the iPhone 14 128GB, it has an estimated value of $1,000.
That’s better than Apple’s $600 offer to trade in the iPhone 13 Pro for the same iPhone 14 model.
Verizon Payment Plan
Verizon is offering 128GB iPhone 14 for $22.22 per month over 36 months. Saves up to $800 when clients trade in an eligible device with unlimited plans selected.
For example, iPhone 13 Pro trading gives customers up to $800 for new lines or $800 for an upgrade. New customers can get a $200 Verizon gift card when they switch to the carrier.
Add a smartphone with retail value over $699.99 with monthly device payments to your cart, then activate a new smartphone service line with select Verizon Unlimited plans. Customers will receive a $200 Verizon gift card for each line switched.
Verizon charges a one-time fee of $35 to activate a new service device on its network.
The iPhone Upgrade Plan includes AppleCare+ coverage in the monthly payments, so Apple is the exception under the Pre-Insurance scheme. The monthly price will increase if the customer chooses to add AppleCare+ with Theft and Loss instead, from an additional $4.16 per month.
For example, an insured iPhone 14 with 128GB storage costs $17 per month for a single device, with a $229 discount.
T-Mobile has a protection plan called 360 . protection. It costs $7.00 per month for one device under Level 1. Costs may change depending on the level or level of accidental damage.
AT&T Device protection It is $14 or $17.00 per month per registered mobile number, depending on the device model. It submits various claims for loss, theft and physical damage.