Apple Launches $17.99 Device Leasing Plan With Klarna for iPhones, iPads and Macs
Updated
Updated · Engadget · Aug 16
Apple Launches $17.99 Device Leasing Plan With Klarna for iPhones, iPads and Macs
3 articles · Updated · Engadget · Aug 16
Summary
Apple’s new Upgrade Program lets customers lease iPhones, iPads, Apple Watches and Macs through Klarna, replacing the older iPhone-only upgrade plan.
Monthly pricing now starts at $17.99 for iPhones and $11.99 for some watches and iPads, a cheaper entry point after recent Apple price increases.
Klarna handles applications with a soft credit check, and iPhone leases require activation on AT&T, T-Mobile or Verizon; users can also trade in devices to cut payments.
Lease terms run 12 to 24 months for iPhones and watches and 24 to 36 months for iPads and Macs, after which users can upgrade, return or buy out the device.
The shift lowers monthly costs but drops automatic ownership and no longer bundles AppleCare, unlike the previous iPhone Upgrade Program.