How long is a Sprint phone lease?

Apple’s iPhone Upgrade Program has a lease period of 24 months (you can get a new phone after 12 payments), while Sprint’s iPhone Forever agreement runs 18 months (you can upgrade after 12 payments) and leasing an Android device from Sprint requires a 24-month agreement.Click to see full answer. Considering this, what happens after 18…

Apple’s iPhone Upgrade Program has a lease period of 24 months (you can get a new phone after 12 payments), while Sprint’s iPhone Forever agreement runs 18 months (you can upgrade after 12 payments) and leasing an Android device from Sprint requires a 24-month agreement.Click to see full answer. Considering this, what happens after 18 month lease with Sprint?After 18 months, you can choose to swap your phone and keep leasing something newer, or buy the device either outright or with six more monthly installments. You can also just keep on paying the lease fee every month or return the phone to Sprint after 18 months and be done with it.Additionally, how long are Sprint contracts? Sprint (S) announced that it will phase out two-year contracts for its customers by the end of the year. That will leave AT&T (T) as the only nationwide U.S. carrier to offer two-year contracts. Verizon (VZ) abandoned its contract program this week. T-Mobile (TMUS) stopped more than two years ago. Secondly, what happens at end of Sprint phone lease? Purchase Option Some consumers want to buy their Android or Apple devices after the lease period is over. Each Sprint Lease agreement includes a Purchase Option Price. Once their lease agreement is over, they can make the Purchase Option Price payment at a Sprint Store. At that point, they will own the device.Is Sprint lease a good deal? Sprint Flex Details For example, Sprint is currently offering iPhone X on Sprint Flex for “half off” – or $20/month for 18 months. This is a good deal if you want to lease and upgrade on a continual basis. Lease on Flex, upgrade at 12 months to a new lease agreement, total paid out in 12 months: $240.

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