Jul 30th 2026
Hands-On Apple 242
Understanding Apple Upgrade
What You Need to Know Before a New Lease
Apple just replaced its iPhone Upgrade Program with a device leasing model run by Klarna, and you might end up paying more for devices you never actually own. Find out what happens when your monthly payments end in this episode covering Apple Upgrade!
- Apple launches Apple Upgrade device lease, replacing iPhone Upgrade Program
- Klarna partnership explained: application, credit check, and payment limitations
- Lease requirements: activation, payments, trade-ins, and pickup rules
- Device condition, damage, and loss policies under Apple Upgrade
- Canceling early, returns, and keeping financed accessories
- End-of-term options: upgrade, return, or buy device outright
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