Samsung may join Apple with own smartphone leasing program

The way many of us buy smartphones is changing, and as carriers move away from subsidies and towards payments via installment plan, phone makers are looking to new ways to make it more attractive to go home with one of their handsets than a competitor’s. When Apple launched the iPhone 6S earlier this month, it also announced its iPhone Upgrade Program, a system that essentially amounts to a smartphone lease, giving users a new phone every year in exchange for ongoing monthly payments. Now Samsung may be about to follow Apple with a leasing program of its own, according to a new report.

Unfortunately, for now all we have is that general claim that Samsung’s interested in its own smartphone lease deal, and that the service could get started within the next few months.

That leaves out key details like what this program would cost, as well as which devices would be offered – while for Apple it’s easy to lease its two annual phones, Samsung’s got a far larger stable of devices, and it’s not clear if we’re just talking about the Galaxy S and Galaxy Note flagships, or if others might be included, as well. We also don’t know what sort of insurance coverage might be part of this arrangement (assuming any at all), in the way that Apple’s lease bundles AppleCare+ protection.

Assuming this ends up arriving with some attractive terms, would you be interested in signing-on for a new Galaxy S model, each and every spring?

Source: Forbes

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About The Author
Stephen Schenck
Stephen has been writing about electronics since 2008, which only serves to frustrate him that he waited so long to combine his love of gadgets and his degree in writing. In his spare time, he collects console and arcade game hardware, is a motorcycle enthusiast, and enjoys trapping blue crabs. Stephen's first mobile device was a 624 MHz Dell Axim X30, which he's convinced is still a viable platform. Stephen longs for a market where phones are sold independently of service, and bandwidth is cheap and plentiful; he's not holding his breath. In the meantime, he devours smartphone news and tries to sort out the juicy bits Read more about Stephen Schenck!