Apple’s new financing plan, Apple Upgrade, has launched, with consumers able to make a monthly lease payment for a higher-end iPhone, iPad, Mac, or Apple Watch.
Apple Upgrade is here as the iPhone Upgrade Program replacement
Previously leaked on July 21, Apple has now officially launched Apple Upgrade, its new leasing program. Replacing existing initiatives like the iPhone Upgrade Program, Apple Upgrade expands what U.S. consumers can lease to more than just iPhones.
Under Apple Upgrade, consumers can lease an iPhone or Apple Watch for either 12 or 24 months, and 24 to 36 months for Macs and iPads. At lease maturity, users can simply exit the program and return their device, return and upgrade to a new device, or buy out the device they have.