iPhone update program Question

I have read and reread the statement from Apple about its upgrade policy, but I have a few questions for clarification.

(1) Let's say I buy an iPhone 7 on the upgrade plan.  Whenever I've upgraded to iPhone 8, would that cancel my contract for iPhone 7?  The way he puts it in the explanation seems that you pay only $36,58 per month (128 GB model) for 12 months, for a total of $438,96 in the year and then terminate this contract to adopt a new for iPhone 8.  Is this correct?  This would technically less expensive than payment of time a $749.00 for the same model.

(2) after you upgrade, you must return the first phone?  Or do you want to keep both?  (Would you be able to sell the first phone to get a deal even better?)

(3) if I just understand, this upgrade program applies only with the iPhone 7 and 7 more, correct?  Even if you can buy an iPhone 6s on a monthly payment plan, you would be not eligible thereafter to update?

Thank you very much.

(1) you must have the iPhone for 12 months-value payments or at least 6 months of ownership before you can trade it. If you trade from 6 to 11 months, you will pay the difference to the total payments for 12 months (if you're in 6 months, then would you still 6 months-value of payments).

When you trade your current iPhone, she essentially finished that payment of 1 process/loan with citizen Bank and creates a new one for your new iPhone.

The total cost is the iPhone and AppleCare + divided by 24 months with 0 of interest, so it is the same as for iPhone and AppleCare +. No gain in price, no additional cost.

(2) Yes, you trade the original iPhone. The only situation where you can keep it if you paid 24 months of payments. Then the iPhone is for you.

(3) Yes, it applies only to the latest models of iPhone.

For details on what I said and for more information, visit the official site: http://www.apple.com/shop/iphone/iphone-upgrade-program

Tags: iPhone

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