{"id":2587,"date":"2023-08-22T09:17:07","date_gmt":"2023-08-22T09:17:07","guid":{"rendered":"https:\/\/businessyield.com\/tech\/?p=2587"},"modified":"2023-08-22T09:17:10","modified_gmt":"2023-08-22T09:17:10","slug":"apple-upgrade-program","status":"publish","type":"post","link":"https:\/\/businessyield.com\/tech\/apple\/apple-upgrade-program\/","title":{"rendered":"APPLE UPGRADE PROGRAM: How Does It Work?","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"\n

People only buy a new iPhone a few times a year because it’s so expensive. The iPhone 14 is reported to cost \u00a3779 or $799, which is \u00a3100 more than the iPhone 13. If you want to try out the newest phone the same year it comes out, it can be costly. This may be why Apple established the iPhone Upgrade Program, which makes it easier for customers to purchase the latest models without breaking the bank. In this article, we will discuss the Apple upgrade program for the iPhone, explain how it will work, and explain its worth.<\/p>\n\n\n\n

Apple Upgrade Program<\/span><\/h2>\n\n\n\n

Apple’s iPhone 13 launch day means millions of consumers are upgrading. If that applies to you, you have a few options, like the iPhone upgrade program, that start at less than $40 per month.<\/p>\n\n\n\n

The upgrade program, which was first announced in 2015, enables users to buy iPhones over the course of 24 monthly payments. For this year’s iPhone lineup, this means that Apple Care coverage for the $699 iPhone 13 Mini starts at $35.33 per month, while coverage for the bigger $799 iPhone 13 starts at $39.50 per month. The price of the premium iPhone 13 Pro starts at $49.91 a month, while the price of the larger iPhone 13 Pro Max is $54.08.<\/p>\n\n\n\n

Customers can keep paying until they purchase the phone or trade in their “old” phone for the current model after 12 payments. Once they do that, they have to pay for another 24 months.<\/p>\n\n\n\n

Apple started the program in part because it had a lot of customers who were happy to keep their iPhones for several years. This meant that not as many people would buy a new phone each year. Apple hoped that the upgrade plan, which lowers the cost of getting the latest phone by a lot, would make it easier for people to buy it.<\/p>\n\n\n\n

Read Also: <\/strong>HOW TO BACKUP APPLE WATCH: Simple and Effective Steps<\/a><\/p>\n\n\n\n

iPhone Apple Upgrade Program<\/span><\/h2>\n\n\n\n

Customers can buy a new iPhone straight from Apple and pay it off over the course of a year using Apple’s iPhone Upgrade Programme; the monthly cost will vary depending on the device you choose.<\/p>\n\n\n\n

This “buy now, pay later” model is becoming more popular, and it makes it easier for people to buy new products because they don’t have to pay over \u00a31000 all at once.<\/p>\n\n\n\n

Another benefit of the plan is that you can choose your own carrier and any tariff you want. This gives customers more freedom. Plus, since you can change your iPhone after 11 payments, you can choose a new carrier and plan before upgrading to the newest model.<\/p>\n\n\n\n

This plan also comes with AppleCare+ for two years, which covers hardware repairs, software support, and accidental damage up to two times per year. It’s important to know that this deal doesn’t cover your iPhone if it gets stolen or lost. However, buyers can pay extra to get this level of protection.<\/p>\n\n\n\n

What Are the Pros of Apple\u2019s iPhone Upgrade Program?<\/span><\/h3>\n\n\n\n

Apple’s installment plan offers an affordable iPhone every year. Though you’re still paying out the phone’s entire cost over the contract, there’s no triple-digit charge.<\/p>\n\n\n\n

The program also gives you a lot of convenience. Apple makes it easy to send back your old iPhone by giving you a box and a shipping label. At an Apple Store, the store can also take it from you.<\/p>\n\n\n\n

Apple will accept an iPhone with normal wear and tear as long as it is still in working order. Given that a phone’s condition has a significant impact on its resale value, Apple’s proposal may appeal to consumers who are prone to dropping their devices or who do not want to keep their phones in cases.<\/p>\n\n\n\n

And since Apple Care+ insurance covers hardware and accidents and is included in the price as a smaller monthly payment instead of a one-time payment that could be as much as $199, you can pay much less money at once and still be covered.<\/p>\n\n\n\n

Read Also:<\/strong> HOW TO Optimize YOUR MAC: EASY Methods<\/a> <\/p>\n\n\n\n

How Does Apple Upgrade Program Work<\/span><\/h2>\n\n\n\n

The Apple upgrade program works on Apple phones that are currently on sale and enrollment must be done either at an Apple Store or online. Because you are legally financing the phone, Citizens Bank, which is the company lending you the money and not Apple, will do a small credit check.<\/p>\n\n\n\n

If your credit check goes well, all you have to do is make your first payment in-store, and you’re good to go.<\/p>\n\n\n\n

When Am I Eligible for an iPhone Upgrade?<\/span><\/h3>\n\n\n\n

You can get a new phone once a year or when you’ve paid off half of the one you have. Apple has released a new iPhone every 12 months, which has been great because the timing has always been right. But if Apple released a new iPhone a month or two early, you could make an extra payment to increase your amount to 50% and qualify.<\/p>\n\n\n\n

The other thing you need for an upgrade is for your iPhone to look like it just came out of the box. This means that if your phone is broken or cracked, you have to use your AppleCare+ service to fix it before you can upgrade.<\/p>\n\n\n\n

Where Can I Upgrade My iPhone?<\/span><\/h3>\n\n\n\n

In addition to signing up for the upgrade plan, you can upgrade your iPhone online or at an Apple Store. If you choose to upgrade your iPhone online, Apple will send you a box, a label, and instructions on how to return your old iPhone.<\/p>\n\n\n\n

Does the Apple Upgrade Program Have Payment Plans?<\/span><\/h3>\n\n\n\n

As we already said, the monthly payments for the upgrade plan are just the cost of the phone plus AppleCare+, spread out over 24 months. That said, the price you pay each month will depend on which model you buy and how much space you get. This is how Apple’s upgrade program works.<\/p>\n\n\n\n

The following are the monthly payments for the iPhone 11, iPhone 11 Pro, and iPhone 11 Pro Max:<\/p>\n\n\n\n