After having to make an extra payment in order to hit 12 payments to get trade om my iPhone X for the iPhone 11 Pro Max, and now facing the prospect of trading in my iPhone 11 Pro Max after 14 payments, I am considering paying off my iPhone 11 Pro Max and selling it elsewhere (ideally for cash in person via Craigslist or FB Marketplace).
If I send it to Apple via the program, the value that I would receive is $520 (i.e. the amount remaining on my loan), less a $99 charge to fix a crack on the back of my phone (screen/everything else is fine.
I understand that the program doesn't guarantee a new phone after 12 payments, and that's fine, but these extra payments add up, and it's frustrating to get dinged for extra payments each year. I also feel that there is a high likelihood that the iPhone 13 will be released on the "regular" schedule in October, meaning I'll have to make an extra payment upfront before I can send this one back.
Before all the "then don't do the program" and the "there's no guarantee to upgrade after 12 payments" people flood this topic, I'm curious if anyone else is considering paying off/selling their 11 this year (but still getting the 12).
If I send it to Apple via the program, the value that I would receive is $520 (i.e. the amount remaining on my loan), less a $99 charge to fix a crack on the back of my phone (screen/everything else is fine.
I understand that the program doesn't guarantee a new phone after 12 payments, and that's fine, but these extra payments add up, and it's frustrating to get dinged for extra payments each year. I also feel that there is a high likelihood that the iPhone 13 will be released on the "regular" schedule in October, meaning I'll have to make an extra payment upfront before I can send this one back.
Before all the "then don't do the program" and the "there's no guarantee to upgrade after 12 payments" people flood this topic, I'm curious if anyone else is considering paying off/selling their 11 this year (but still getting the 12).