Spread Out Phone Lease For Free

Leasing a phone is similar in concept to monthly installments, as you pay a specified amount per month?the main difference between the two is that you won't keep the phone at the end of a lease, whereas the phone is yours when paid for through monthly installments.

If you don't have the financial means to buy a cell phone outright, your options are making monthly payments, or leasing, which can result in ownership at the end of the lease period, which is renting to own.

End of Lease turn-in If you decide not to keep the phone, you must turn it in at a T-Mobile store. You can then decide to start a new lease on a new phone, or talk with our team about other upgrade options, such as an Equipment Installment Plan (EIP).

Overall, the ?rent a cell phone instead of buying? model offers a high degree of flexibility and cost efficiency, especially when compared with installment plan and leasing options. It allows easy access to up-to-date devices without long-term commitments or high costs.

If you decide not to keep the phone, you must turn it in at a T-Mobile store. You can then decide to start a new lease on a new phone, or talk with our team about other upgrade options, such as an Equipment Installment Plan (EIP). When you return a leased phone, it must be in good working condition.

What Are Your Options for Getting a Cell Phone with Bad Credit? Republic Wireless. Visible. Metro (by T-Mobile) Boost Mobile Unlimited Plan. Google Fi Unlimited Plan. Consumer Cellular. Mint Mobile. Cricket Wireless.

Keeping a smartphone at the end of a lease term may require paying a buyout fee to purchase it. Leasing could save money over buying new phones, but it doesn't convey ownership, similar to leasing a car or an apartment.