Launch Phone Lease For Free

Leasing a smartphone offers the benefit of being able to upgrade to the latest models regularly without incurring contract fees. Keeping a smartphone at the end of a lease term may require paying a buyout fee to purchase it.

Your Cellular Carrier Every cellular carrier accepts trade-ins, usually from customers looking to upgrade to newer devices.

If you want to be part of this profitable industry, you need a retail location and authorized seller agreements with the major carriers. Register the Business. Register your business name with the state. ... Business Plan Development. ... Understand Carrier Contracts. ... Apply as an Authorized Reseller. ... Location Establishment.

The bottom line is, if you want to sell your financed iPhone or Android smartphone you are free to do so whenever you want to do so. Just remember to disclose the device payments upfront to ensure a smooth transaction.

If you no longer want to have a lease, you can either return the phone to your carrier or pay off the balance and take complete ownership of the device. Therefore, unless you pay off the balance, a leased phone is not yours to sell.

Instead of paying the phone's amount in full all at once, contracts allow you to pay a monthly fee over a fixed period, usually a year to two years. A phone under contract must be paid off before pawning or selling, as listed in the terms and conditions of your contract.

Mobile Carrier Freedom. Bring your eligible phone with you and we'll reimburse your remaining phone payment balance when you switch from select carriers (including Verizon and A&) to Mobile ? up to $800/line (up to 5 lines) via virtual prepaid card.