GoKawiilApple has replaced its iPhone Upgrade Program with Apple Upgrade, a Klarna-backed U.S. leasing service covering most iPhones, iPads, Macs, and Apple Watches. MacRumors reports: Apple Upgrade has lower base prices than the iPhone Upgrade Program, with iPhones available starting at $17.99 per month and the Apple Watch available starting at $11.99 per month. Macs can be leased starting at $24.99 per month, and iPads start at $11.99 per month. AppleCare+ is optional and not included in the lease price, with customers also able to opt for AppleCare One. There are 12-month and 24-month leasing options for the iPhone and Apple Watch, along with 24-month and 36-month leasing options for the Mac and iPad. Lease cost varies based on device, and is lower with a device trade-in that's applied on a monthly basis. [...] When leasing an iPhone, customers are required to choose a plan from AT&T, Verizon, or T-Mobile, and prepaid plans are not eligible. iPhones need to be leased with a carrier plan, but the iPhones are unlocked so customers can switch carriers if desired. MVNOs like Mint Mobile or Visible are not supported. At the end of the leasing period, customers can choose to return the device and exit the program, pay off the remaining amount owed on the device with a one-time payment and keep it, or return it and upgrade to a new device with a new lease. The payoff amount is the difference between what was paid during the leasing period and the retail price of the device, minus any remaining trade-in credits. Klarna is not charging a fee for the leasing program, so an iPhone that's $1,099 can be leased and then purchased for $1,099 with no extra cost beyond taxes. As with trade-ins, Apple will send a pre-labeled and prepaid shipping box for device returns or upgrades. If you don't opt to pay the purchase fee at the end of the leasing program, you will not own the device and must return it. Last week, after Bloomberg reported on Apple's upcoming leasing program, 9to5Mac uncovered code in the iOS 27 beta suggesting the company was developing a system that could restrict leased iPhones when customers fall behind on payments. Apple has now told The Verge that the new "Restricted Mode" will not be activated in response to a missed lease payment. What the new system is actually meant for remains unclear.
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