Now, a $1,999 MacBook Pro can have a monthly payment of $38.99 over 36 months.
$38.99 * 36 = $1403.64. That doesn’t seem right.
Macrumors has a more detailed analysis (different device in their example):
If you return the iPhone 17 Pro and simply move on from the Apple Upgrade program, then your total cost to own the device would be $551.88 after 12 months, plus sales tax if applicable. While that is less than paying $1,099 upfront, the catch is that you are no longer in possession of the device after your lease ends and cannot resell it or trade it in.
Seems like it’s just designed to keep people buying new hardware regularly.
MacRumorsApple's New Upgrade Program: Is It Worth It?With the new Apple Upgrade program in the U.S., you can now lease an iPhone, but is it worth it? The answer is more complicated than a simple yes or no. Subscribe to the MacRumors YouTube channel for more videos. We'll use the iPhone 17 Pro with 256GB of storage on a one-year lease as an example. In the U.S., the device costs $1,099 upfront, but through Apple Upgrade you can lease it for $45.99/month for 12 months.
