The iUP allows you to give back your phone and start a new plan after just 11 monthly payments of a 20-month plan. This means your phone has a guaranteed trade in value of 9x monthly payments provided it isn't completely smashed. If the private resale market were to crash for the iPhone X, or your phone has lots of scratches and scuffs, you could get less than that value.Been following this thread for the last 8 pages and all I read about is something to do with an iPhone Upgrade Program, and a Payment Plan. I have looked online but struggle to see what benefits they have, especially if one could afford to buy a phone or two completely outright?
I assume the Payment Plan is just you buy an iPhone and then pay it off over 20 months with 0% interest, so say you bought 8 Plus 64GB at £799. You'd pay £39.95 over 20 months (Plus additional for apple care if its required), but can't see how Apple would allow this, there must be some sort of catch?
I am not even sure about the iUP....
That said, the iUP is only worth it if you would be getting AppleCare+ regardless.