Apple launches US device leasing program with Klarna
Klarna will run the plan, and monthly payments start at $17.99 for iPhones as Apple ends its in-house financing options.
- On Tuesday, Apple launched its new 'Apple Upgrade' leasing program in partnership with digital payment provider Klarna, offering monthly installments for iPhones, Apple Watches, iPads, and Macs in the United States.
- Apple discontinued its previous in-house financing programs as the manufacturer faces rising hardware costs and recently increased prices for Mac and iPad lineups by up to $300.
- Monthly lease terms range from 12 to 36 months, with payments starting at $11.99 for Apple Watches and iPads, $17.99 for iPhones, and $24.99 for Mac computers.
- Unlike previous offerings, AppleCare+ is not included in the new plan; customers must purchase it separately while managing their lease directly through the Klarna app.
- At the end of the lease term, customers can return the device, purchase it with a one-time payment, or upgrade to a newer model; if no action is taken, the lease converts to month-to-month for up to six months.
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Has Apple just given us the best clue yet that iPhone prices are about to increase?
Apple has debuted a new leasing scheme in partnership with Klarna, so you can pay for its gadgets with a small monthly fee. Dubbed Apple Upgrade, the leasing programme covers a slew of devices, including iPhone, Apple Watch, Mac, and iPad. You can unlock a discount on your monthly repayments by trading in your current gadgets.This isn't the first time the Californian firm has offered flexible payment schemes. The iPhone Upgrade Programme launche…
Apple Upgrade now lets you lease iPhones, iPads, Macs, and Watches, starting at $18/month
Apple Upgrade is being launched in partnership with digital financial services provider Klarna, known for its "buy now, pay later" interest-free credit. The new program replaces the iPhone Upgrade Program - a 0% APR financing plan that allowed consumers to buy a new iPhone every year, bundled with AppleCare+.Read Entire Article
Apple launches new 'Apple Upgrade' Leasing Program for iPhone, iPad, Mac and Apple Watch
Apple Upgrade leasing program is live in the US, replacing its existing iPhone Upgrade Program. The service enables the customers to lease iPhones, iPads, Macs, and Apple Watches for monthly payments, with options to upgrade, purchase, or return the device at the end of the lease period.
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