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When you reach the end of your leasing term on Flex, you'll have the option of buying your device from Sprint via the Purchase Option Price. This amounts to about 25% of device purchase price or $200 or less basically, the difference between what you've already paid, and the full price of your leased phone.
At the end of the leasing period, Sprint will still own the device; if you want to keep it for yourself, you can pay an additional amount in order to purchase it (usually between $150 — $200 or 25% of the purchase price).
Customers who sign up for Sprint Lease, now known as Sprint Flex, will get to lease a new smartphone or tablet from Sprint. They will pay a low monthly fee to lease the device, and at the end of the leasing period, they will return it to Sprint or pay an additional amount to own it.
If you like to upgrade your cell phone every year, then leasing might be a good option. Sprint's Flex Lease lets you upgrade eligible phones (including iPhones and Samsung phones) after just 12 months, giving you the opportunity to have the latest and greatest model.
After 18 months, you can choose to swap your phone and keep leasing something newer, or buy the device either outright or with six more monthly installments. You can also just keep on paying the lease fee every month or return the phone to Sprint after 18 months and be done with it.
You will still be able to buy a phone from Sprint, but you'll need to pay the full price upfront. A separate Flex Deals option will cover some cheaper phones and also permit annual upgrades without the $5 monthly surcharge.
Get your phone ready to return. Please contact a care representative today at 855-279-3712 to order a return kit. The kit is all you need to quickly and easily return your leased device to Sprint. Please use the instructions below to back up, erase and unlock your phone before returning it.
Simply return your device in good, working condition to your original place of purchase and contact us to deactivate service within 30 days of activation, and Sprint will refund your service charges (including any monthly recurring charges, Activation Fee, and all associated taxes and fees).
Exchanges cannot be processed through the mail; you must go back to the original place of purchase. Customers who purchased via sprint.com or by phone must go into a Sprint-owned retail store to exchange devices. If you're unable to visit a Store call Sprint for more information.
you'll either give the phone back. If there are no cracks scratches or damages it will most likely settle the lease payments. If you don't turn it in or pay the lease and you switch carries your credit receives a negative inquiry for negligence.
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