Apple Upgrade goes live as a new installment plan for iPhone, iPad, Mac, & Apple Watch | AppleInsider

Apple has launched Apple Upgrade, a new U.S. leasing program that lets consumers pay monthly for eligible higher-end iPhones, iPads, Macs and Apple Watches. The program replaces the iPhone Upgrade Program for new sign-ups and broadens the concept beyond phones. Lease terms vary by product: iPhones and Apple Watches can be leased for 12 or 24 months, while Macs and iPads are offered over 24 to 36 months. At the end of a lease, customers can return the device, trade it in toward a newer model, or purchase it by paying the remaining difference between its original retail price and the amount already paid before interest. Early upgrades are allowed, but customers must cover the unpaid balance first, making that option more practical later in the term.

Summary generated July 31, 2026. AI summaries can make mistakes.