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2021-10-06
Convert On Phone Lease Feature Description
The Convert On Phone Lease feature allows you to easily transition from a traditional leasing model to full ownership directly through your mobile device. This service simplifies the process, making it convenient for you to gain ownership of your leased device.
Key Features
Seamless transition from lease to ownership
User-friendly mobile interface
Immediate access to payment options
Flexible payment plans
Real-time updates on your lease status
Potential Use Cases and Benefits
Individuals looking to retain their mobile devices after the lease ends
Businesses wanting to streamline their asset management
Customers seeking flexibility in payment schedules
Mobile users eager to avoid penalties from early lease termination
This feature effectively addresses the common challenges of managing leased devices. By offering a straightforward path to ownership, you can eliminate confusion and gain full control over your device on your terms. Embrace a hassle-free experience with Convert On Phone Lease, and take the next step toward ownership today.
For pdfFiller’s FAQs
Below is a list of the most common customer questions. If you can’t find an answer to your question, please don’t hesitate to reach out to us.
What if I have more questions?
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Do I own my phone after lease?
No, you will not own the device at the end of your leasing term. However, you do have the option to buy your phone at the end of the term by paying the balance off. Cell phone leasing plans are payment plans where a carrier charges you each month to “rent” their phone.
What happens when your phone lease is up?
Some consumers want to buy their Android or Apple devices after the lease period is over. Each Sprint Lease agreement includes a Purchase Option Price. Once their lease agreement is over, they can make the Purchase Option Price payment at a Sprint Store. At that point, they will own the device.
What happens after phone lease is up?
Some consumers want to buy their Android or Apple devices after the lease period is over. Once their lease agreement is over, they can make the Purchase Option Price payment at a Sprint Store. At that point, they will own the device.
What happens after 18 month lease with Sprint?
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.
Is it better to buy or lease a phone?
Leasing a phone can be cheaper than paying off a phone in full (whether outright or via monthly installments) and you'll be able to get a new phone every 12-18 months. It may seem like leasing your cell phone isn't a good idea, but for some, leasing could actually save you money in the long run.
What happens when Sprint lease is over?
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.
What happens when my Sprint lease ends?
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.
Is leasing a phone from Sprint a good idea?
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.
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