When your rental agreement expires, a fee will be charged for the remaining purchase price for your device, plus taxes on your bill. Consumers who do not wish to enter into their leases have the option of terminating them prematurely. To terminate a tenancy agreement, they must pay the rest of the rent, plus the purchase price. That`s when they own the device. Those who don`t want to keep the phone can return it to Sprint after paying the latest rents and paying the purchase price. These customers receive an account credit equal to the purchase price. Honestly, renting a phone is a terrible financial decision. I mean, there are weekly contributions here on r/ Sprint asking how to get a lease. Many people are led to think that this is a cost-effective financing agreement. It`s not a car or apartment, it`s a non-essential luxury item where you can lock yourself into a long-term contract (in the back, most apartments are only 12 months old, but Sprint goes 18 months remains).
You wouldn`t rent a toaster, so why rent a phone? I think his shameful sprint advances that pattern. iPhone and Samsung Forever ProgramIf you participated in one of our Forever programs, you can update on the latest iPhone or Samsung models after participating if you enter into a new rental agreement and return to Sprint your current authorized device or a licensed replacement in good condition. If the returned device is in good condition, Sprint will credit you with the remaining unbilled rental payments and the final purchase price that was charged to you at the time of the upgrade order. Visit www.sprint.com/iphoneforever or sprint.com/galaxyforever for more information. Yes! Most smartphones unlocked with a SIM card slot work with Sprint. If your phone is locked to a network operator, you should contact your existing network operator to unlock it. While some people want to upgrade early, others want to keep their devices beyond the end of the rental. Customers can renew the lease from month to month by continuing to pay monthly rents. Those who paid $0 down continue to make the same monthly payments. Those who have made a down payment pay more each month because the down payment will no longer compensate the monthly price.