Best Buy extends Upgrade+ program to iMac and Mac Studio

Best Buy launched its Mac equivalent of Apple's iPhone upgrade program in October, in collaboration with Apple and with Citizens Pay handling financing. In a December update, Best Buy is now adding more models to the roster.

Under the expansion that starts from Tuesday, customers can use Upgrade+ to apply for financing to acquire select models of the iMac and Mac Studio. Under the program, customers have affordable payments spread across 36 months, with a final payment due in the 37th month.

Instead of the final payment after the three years, customers could instead choose to return the Mac and upgrade to a newer model. Alternatively, customers could return the Mac to avoid the final payment entirely. In such cases, Best Buy handles the final payment on the customer's behalf.

In an example offered by Best Buy, a customer wanting an iMac priced at $1,299 could pay $28.17 per month for 36 months, with a final month 37 payment of $286.

The amount per month varies based on the original un-discounted cost of the product and the creditworthiness of the customer.

"We're excited about the amount of customer interest we've seen in the Upgrade+ program over the past couple months," said Best Buy chief merchandising officer Jason Bonfig. "It's been great to partner with Apple to now bring this program to iMac and Mac Studio, especially during a time when customers are looking for value more than ever."

As well as the product itself, AppleCare+ is also available for the devices. Best Buy Totaltech members will also get AppleCare+ for 24 months at no additional charge while their membership is active.

When Best Buy launched the program, it was billed as a limited-time promotion without an end date. With the expansion, it seems the program will be around for a lot longer.

More details about the program are available on Best Buy's Upgrade page.