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Sprint builds out hardware leasing with 'iPad for Life' plans, iPad Air 2 starts at $20 per month

Sprint on Thursday expanded its hardware leasing options beyond Apple's iPhone to include the new iPad Air 2 and iPad mini 3, with pricing for 16GB models pegged at a respective $20 and $17 per month for 24 months.

With Sprint's iPad for Life, customers effectively lease a new iPad Air 2 or iPad mini 3, paying set monthly installments for a period of two years. Once the 24-month term is up, they can either swap the device out for a next-generation model, purchase the leased tablet or continue to use it on a month-to-month basis. Alternatively, customers can simply return the iPad if it is in good condition.

Pricing for a 16GB iPad Air 2 starts at $20 per month for 24 months, while a similarly equipped iPad mini 3 goes for $17 per month. Monthly dues step up in $4 increments for 64GB and 128GB variants.

Sprint launched its first lease plan with iPhone for Life on the day Apple unveiled the iPhone 6 and iPhone 6 Plus in September. That plan also starts at $20 per month for base model iPhones.

Finally, to promote the deal, Sprint is waiving the usual $10 monthly access fee charged when adding an iPad to an existing plan as a new line of service. The promo applies to Family Share Pack plans 20GB or higher and runs through December 2015.

Those interested in iPad for Life can take advantage of the lease program starting Nov. 14.



26 Comments

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quanster 10 Years · 34 comments

Please explain to me how is this a deal at all? 20 dollars x 24 months = 480 dollars which is only 19 dollars off full price and you don't even own the device. I bet you if you want to purchase the device after your two year lease, it won't be cheap.

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benjamin frost 11 Years · 7198 comments

If you want to pay far more for an iPad than Apple sells it for, then this is the way to do it. Not only that, but you can't sell it or hand it on to someone else. In other words, you'd have to be an idiot to take up this offer.

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tallest skil 14 Years · 43086 comments

Originally Posted by AppleInsider 
With Sprint's iPad for Life, customers effectively lease a new iPad Air 2 or iPad mini 3, paying set monthly installments for a period of two years. Once the 24-month term is up, they can either swap the device out for a next-generation model, purchase the leased tablet, or continue to use it on a month-to-month basis.


“Pay for the rest of your life and never really own anything.”

 

How are there human beings who think this is a good idea? I thought we were supposed to be sapient. This is why Zune failed.

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foggyhill 10 Years · 4767 comments

Quote:
Originally Posted by Tallest Skil 
 


“Pay for the rest of your life and never really own anything.”

 

How are there human beings who think this is a good idea? I thought we were supposed to be sapient. This is why Zune failed.

 

There are advantage to renting if you can't spare the rest of the cash right away. Need it for your car, or whatever. You can also change easily for one tablet to another tablet, another tech random device to suit your needs, etc. Its only bad if you can't rent month to month and have to sign for say 2 years. Then, you might as well buy or finance it yourself.

 

There is a reason renting and buying exist. They both have their use.

tyler82 18 Years · 1107 comments

Quote:
Originally Posted by Tallest Skil 
 


“Pay for the rest of your life and never really own anything.”

 

How are there human beings who think this is a good idea? I thought we were supposed to be sapient. This is why Zune failed.


Ever hear of car leases and Rent-To-Own? They're very successful business schemes. So are check cashing centers and credit cards with 30% interest. They all typically pray on the destitute and impoverished, who are usually not too good with financial decisions, which is why they are in their situations in the first place. *cough* Android users *cough*