this post was submitted on 07 Aug 2026
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38
Apple Introduces Leasing Program for iPhones and Other Devices (www.nytimes.com)
submitted 2 weeks ago by dwazou@jlai.lu to c/technology@lemmy.world
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[–] NotMyOldRedditName@lemmy.world 1 points 2 weeks ago* (last edited 2 weeks ago)

If you buy a phone and sell it after a year, you have 'nothing'

If you buy it outright you spend $1000 and resell it for $500 you have $500

You lease it for $500 you still have $500

But that has to be your original plan to get a new phone.

Sometimes, the lease deals work in your favor and you'll end up with more than the resell value. Sometimes you can get a really good outright deal too.

Edit: and without a lease deal, outright usually wins.