It’s all about the AppleCare. I’ve used the upgrade program from the beginning. The issue with it from Apple is if I have an iPhone, iPad, MacBook I’m not gonna buy the $20/mo AppleCare.
They are also dumping a weird risk premium on the end user. I literally get a new phone every year with the upgrade program, there’s no way I’ll be doing that going forward, at least through the lease. I’ll just buy it with cash and wait for a deal.
AppleCare is even more important with the lease. If you lose the phone you have to pay Klarna to replace it. There might also be lease cancellation fees on top of that.
That is my big problem with leasing portable things. I never get AppleCare because I can self insure. But if I lose the phone 8 months into the lease I am deep in a hole.
They want their $19.99 so you cover your other stuff.
Over the years, I’ve never bought AppleCare why? Intel iMac 27 inch computer lasted 9 1/2 years. Everything else iPad, iPhone 7 years and more easy…