Sprint Lease Vs Buy Official

: At 18 months, you had to choose to pay the balance (lump sum or 6 monthly payments) or trade it in.

: Once the 24 or 36 months are up, your bill drops significantly. sprint lease vs buy

: T-Mobile (formerly Sprint) uses Equipment Installment Plans (EIP) for purchases. Comparison at a Glance Buying (Financing) Leasing (Legacy Sprint Flex You own it after the final payment. You must pay a "Purchase Option" at the end. Monthly Cost Usually higher (covers full retail price). Monthly Cost Usually lower (covers depreciation only). Upgrade after the device is 50–100% paid off. Upgrade after 12–18 months (return old phone). Commitment 24–36 month installments. Commitment 18-month lease term. Flexibility Keep, sell, or trade in the phone. Flexibility Must return it or pay extra to keep it. 🔍 Key Considerations Buying (Equipment Installment Plan) : At 18 months, you had to choose