Tag

Leasing

All articles tagged with #leasing

technology1 month ago•10 min saved

Apple's Lease-First Future: The Hardware-as-a-Service Shift

Apple unveils Apple Upgrade, a true hardware-as-a-service leasing program for iPhones, iPads, Macs, and Apple Watches with monthly payments and trade-in credits, offering unlocked devices and flexible upgrades while insurance remains optional and early termination fees apply. The model prioritizes liquidity and predictable costs over outright ownership, hinting at a broader shift Android OEMs like Google and Samsung should consider to combat high resale depreciation and avoid ecosystem lock-in.

via Android Authority|

#android-oems #apple-upgrade #hardware-as-a-service

technology1 month ago•36 min saved

Apple Upgrade Program: A Cheap Lease or Hidden Long-Term Cost?

Apple’s Upgrade program lets you lease select iPhones, iPads, Macs, and Watches with fixed monthly payments and three end-of-lease choices, but it’s effectively a Klarna-powered loan: no interest is charged, yet missed payments can terminate the lease and potentially trigger debt collection; additional costs like AppleCare and damage fees can raise the total, and upgrading early can wipe out resale value you could otherwise recoup—so it’s worth considering mainly if you want lower monthly costs and can stay current.

via The Verge|

#apple #bnpl #klarna

technology1 month ago•7 min saved

Apple Introduces iPhone Leasing With Klarna to Lower Monthly Costs

Apple launches Apple Upgrade, a Klarna-backed leasing plan that lets customers lease iPhones (and other devices) for lower monthly payments instead of buying. Base iPhone 17e starts at $17.99/month (vs $24.95/month to own); iPhones and Watches can be leased for 1–2 years, Macs and iPads for 2–3 years, with top models like a 17 Pro Max 2TB around $58.43/month. At lease end you can return the device or pay to keep it; Apple will recycle or resell based on condition. The program replaces the US $42/month upgrade plan, uses soft credit checks, and does not include AppleCare in base prices. It’s appealing for frequent upgraders but may not suit long-term owners, and prices may rise with new models in September.

via Business Insider|

#apple #financing #iphone

technology1 month ago•5 min saved

Apple Rolls Out All-Device Leasing With Klarna

Apple expands its Upgrade program into a multi-device lease backed by Klarna, letting customers pay monthly to use iPhone, iPad, Mac, or Apple Watch for 12–36 months with options to own at the end, return, or upgrade. Prices vary by model (examples include iPhone entries from around $17.99/mo and Macs from about $25/mo), and AppleCare+ isn’t included by default. Missed payments can roll over, and three consecutive missed payments may terminate the lease or lead to collections, though hardship options exist.

via PCMag|

#apple-upgrade #ipad #iphone

technology1 month ago•3 min saved

Apple Rolls Out a Monthly Lease Plan for iPhone, iPad, Mac and Watch

Apple has launched the Apple Upgrade Program in the US, letting customers lease iPhone, iPad, Mac, and Apple Watch through Klarna with monthly payments starting at $18 for iPhone and $12 for Apple Watch; 12- and 24-month terms for iPhone/Watch and 24- or 36-month terms for iPad/Mac; trade-ins can lower costs; signup is quick with a soft credit check, and at term end you can return, buy out for a small fee, or upgrade, as Apple looks to ease sticker shock amid rising component costs and price hikes.

via CNET|

#apple-upgrade-program #iphone #klarna

technology1 month ago•12 min saved

Apple Launches Klarna-backed Apple Upgrade Leasing, Phasing Out the iPhone Upgrade Program

Apple has introduced Apple Upgrade, a Klarna-backed leasing program for iPhone, iPad, Mac, and Apple Watch that replaces the iPhone Upgrade Program and iPhone Payments. Leases run 12–24 months for iPhone/Watch and 24–36 months for Mac/iPad, with starter monthly prices from $17.99 (iPhone) and $11.99 (Watch). End-of-lease options include returning, paying off, or upgrading; trade-ins/credits affect monthly costs, and Klarna handles the financing. Apple Card users can opt for Apple Card Monthly Installments or Apple Upgrade with 3% Daily Cash on lease payments. Current iPhone Upgrade Program sign-ups end, but existing participants may continue payments until paid off. Availability starts today in-store and online, with model and eligibility restrictions.

via MacRumors|

#apple-card #apple-upgrade #iphone-upgrade-program

technology1 month ago•29 min saved

Apple Unveils Apple Upgrade: A Lease-to-Upgrade Plan for Its Latest Devices

Apple announced Apple Upgrade, a US leasing program backed by Klarna that lets you lease iPhone, Mac, iPad, and Apple Watch with 24‑month (iPhone/Apple Watch) or 36‑month (Mac/iPad) terms, offering end‑of‑lease upgrades, upfront purchase, or returns. It replaces the older iPhone Upgrade Program and arrives after recent price hikes to Macs and iPads; soft credit checks apply, and you can upgrade to the latest model over time. Some reports hint Apple could lock financed iPhones from apps if payments lapse, and the iPhone 18 price may be higher when it launches later this year.

via The Verge|

#apple #iphone #klarna

business1 month ago•3 min saved

Apple kicks off iPhone leasing with Klarna, starting at $17.99/month

Apple will launch 'Upgrade' leasing via Klarna in the U.S., offering iPhones on 1- or 2-year leases starting at $17.99/month (no security deposit) after a soft credit check, with similar options for Apple Watch and longer leases for Macs and iPads; at 24 months customers can buy, upgrade, or return the device, while missed payments terminate the lease after three months; the program shifts focus to monthly payments and competes with carrier financing, and Apple has replaced its previous iPhone Upgrade Program.

via CNBC|

#apple #business #financing

technology1 month ago•8 min saved

Apple Unveils Klarna-Powered Leasing Plan to Replace Upgrade Program

Apple is launching an 'Apple Upgrade' leasing program in the U.S. on July 28, in partnership with Klarna; it will lease iPhone, iPad, Mac, and Apple Watch models with 24-month terms for iPhones and Apple Watches and 36 months for iPads and Macs, with options to return, upgrade, or keep by paying a fee. Some lower-priced devices—Apple Watch SE, entry-level iPad, iPhone 16, and MacBook Neo—aren't eligible, AppleCare+ won't be bundled, and this program will replace the iPhone Upgrade Program for new purchases. Sign-ups for the old program will end the same day, though current enrollees may remain for now.

via MacRumors|

#apple-upgrade-program #ipad #iphone

tech1 month ago•17 min saved

Apple to test lease-to-own upgrades across iPhone, iPad, Mac lineup

Apple is reportedly launching an 'Apple Upgrade' lease‑to‑own program, backed by Klarna, that will replace the current iPhone Upgrade Program and cover iPhone, iPad, Mac, and Apple Watch purchases with 24‑month leases for iPhones and Watches and 36‑month leases for iPads and Macs, launching July 28; budget devices and AppleCare are excluded, and sign‑ups use soft credit checks for early upgrade options.

via The Verge|

#apple #ipad #iphone

business11 months ago•2 min saved

GM adjusts EV incentives as U.S. electric vehicle market faces challenges

GM has decided not to extend the $7,500 federal EV tax credit through leasing beyond September 30, instead offering about $6,000 from its own funds to support EV leases until the end of October, as part of a move to close a loophole exploited by automakers to pass on the tax credit via leasing. This change comes amid GM's record EV sales and plans to introduce more affordable EVs in the future.

via Electrek|

#automotive-industry #business #electric-vehicles

business11 months ago•3 min saved

Automakers' Strategies and Market Impact as EV Tax Credits End

Ford and GM are buying their own EVs and leasing them to customers with a $7,500 discount to preserve the federal EV tax credit beyond its September 30th expiration, using creative financing strategies approved by the IRS, though the legality and long-term implications remain uncertain.

via The Verge|

#business #electric-vehicles #ev-tax-credit

business11 months ago•1 min saved

First Brands Bankruptcy Sparks Concerns for Auto Owners and Credit Markets

A Utah-based leasing company is challenging a rescue loan provided to First Brands, highlighting ongoing financial disputes and corporate struggles.

via Financial Times|

#business #financial #first-brands

business11 months ago•2 min saved

Ford and GM Extend EV Lease Credits Amid Slowing U.S. EV Market

Ford and General Motors are extending the $7,500 EV lease credit through their leasing programs by purchasing vehicles upfront and offering leases with the subsidy factored in, despite the federal EV tax credit ending today. This move aims to keep EV sales strong and affordable for consumers until the program concludes at the end of the year.

via InsideEVs|

#business #ev #ford

business1 year ago•5 min saved

High Car Prices Push Buyers Toward Seven-Year Loans and $1,000+ Payments

Surging car prices have led buyers to opt for longer auto loans, such as seven or even eight years, to manage monthly payments, despite the increased total interest paid and potential financial downsides. Shorter loans are now mostly used by wealthier buyers, while leasing remains an alternative. Lenders are also pushing for even longer terms, risking repeat of past financial pitfalls.

via Bloomberg.com|

#auto-financing #business #car-loans