The Apple Upgrade lease model isn't even a replacement as you have to wait 24 months before upgrading.

The entire point of the iPhone Upgrade Program was to make it painless to swap to the newest iPhone every year. Without that, there's no value proposition.

▲

smith7018 3 hours ago | parent [-]

They have 12 month options for the Apple Upgrade program. I just checked how much it would cost to get an iPhone 17 PM + AppleCare+ with theft protection like I currently get from the IUP and it's $3 more a month.

▲

iscoelho 3 hours ago | parent [-]

I stand corrected! This doesn't look too bad then.

▲

smith7018 2 hours ago | parent [-]

I mean, it is $36 more a year but I guess that's not terrible. What will be interesting is the tax paid up front. IIRC, I paid tax on the entire device every time I renewed rather than just paying it during each month. So I always thought it wasn't the best deal because I paid tax on a device that I only ended up paying off half of before renewing and starting the process again. I could be wrong, though. I'm not the best with finances.

	▲	iscoelho 41 minutes ago \| parent [-]
		I don't think iPhone Upgrade Program was ever the best deal to be honest. It's just convenient.