Is it cheaper to lease a phone than pay the full price?
I really want the new iPhone Xs Max but I can't afford to pay full price, on the sprint website it says an 18 month lease would be 45 a month plus 40 for service so 85 a month. Would that be cheaper than full price? I've never leased a phone before. I always get cheap phones but now I want an iPhone.
An iphone X max costs from around $1000. To lease would cost around $1530 for 18 months.
If you bought outright and paid the $40 per month service, at the end of 18 months, the service would cost around $720.
You would need to look into the benefits of renting and what happens if you break/lose the phone.
The iPhone X starts at $999 for the 64 GB version and the 256 GB model costs $1,149 in the US. At $85 a month you'll pay $1, 530.
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