Will Sprint happen to take less for my leased phone purchase?
So I have a 128gb iPhone 6 I leased from Sprint 2 years ago and its about time to pay it off or give it up and pay for another lease month to month. I have had friends say that through their carriers they were able to keep their leased phone after they pay off 70 percent of the phone. Does sprint work like that or will I have to pay $200 to keep my iphone after the contract ends as stated in the contract
The only people who can tell you that for sure are Sprint. It may help if you have a look around at other carriers so you can try to use that as a bargaining chip. But if they want to be awkward and have you pay off the remaining on your phone they are perfectly within their rights to. Once your current contract ends though the phone is yours, and once unlocked (you can probably get it unlocked by sprint already) you can take it to any compatible network!
What your contract says is what you pay, unless Sprint made changes to YOUR particular contract to say different. So if you want to find out, you need to contact Sprint customer service and ask that question.
Did your friends mention that they had to sign another 2 year contract. AT&T lets you keep the phone after 18 months but the catch is that you have to sign up again for another 2 years to get another phone.
The term lease is just another way of saying subsidized. The difference is that when it's subsidized you pay off the remaining balance at once while lease lets you spread it out over 2 years. Anyway you look at it you still end up paying the same amount.
Mobile companies are just trying to make the wording as complicated as possible so that you don't bother dissecting it while making it look like you're getting a great deal and also bind you to the carrier for 2 years.
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