Published: Sat, July 15, 2017
Science | By Hubert Green

Sprint Tips New Flex, Deals Plans for Phone Upgrades

Sprint Tips New Flex, Deals Plans for Phone Upgrades

The new Sprint Flex and Sprint Deals programs, which were unveiled July 14, allow customers to lease and use a smartphone for 12 months and then switch to another device. The two new plans - Sprint Flex and Sprint Deal, are focused on providing more options to smartphone buyers.

"Sprint Flex is the ultimate option for consumers who want the latest smartphone at our most competitive prices with maximum flexibility", said Marcelo Claure, Sprint President and CEO.

So, here's how it works: A customer picks up a new phone on a monthly leasing option, starting with the low minimum down payment towards it. Unlike other carriers, which require the customer to decide to buy up front, Sprint lets customers make the final decision later, so they don't get stuck with their old phone.

Customers can also choose to keep their device after 18 months by paying any remaining balance on the phone in one payment or they can extend their lease and pay the balance off in six additional payments. So what if you chose the latter but start hating your phone months down the line? The annual upgrade programs Galaxy Forever (and iPhone Forever) are included in the program. From there, you get to decide when to upgrade. Choose to own the device by paying it off in one payment. All lease payments already made will count toward the purchase price. For any other new device, you'll pay $5 extra a month to trade it in for a newer model every 12 months.

That's still a tad complicated for what Sprint is billing as the "industry's simplest and most flexible device financing program", but thankfully, the new Sprint Deals providing savings on a "value menu" of smartphones are straightforward and wickedly advantageous. For premium smartphones, customers pay 25 percent off the suggested retail price. Customers of the iPhone Forever and Galaxy Forever programs do not pay $5 monthly fees to participate in those programs.

For higher-end devices, customers pay 25 percent off the suggested retail price.

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