T-Mobile CEO John Legere has announced on Twitter that it will offer the iPhone 6s for as low as $5 per month through JUMP! On Demand with an iPhone 6 trade in, or as low as $10 per month with an iPhone 5s trade in. The exact monthly payment will range between $5 and $15 per month depending on the iPhone 6s model you purchase and older iPhone model traded in.
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If you do not want to trade in your current iPhone, T-Mobile has a JUMP! On Demand promotion that offers the 16GB iPhone 6s for $20 per month for 18 months with zero dollars paid upfront, totaling $360 under the agreement the device is returned in good condition. To keep the iPhone, you must pay an additional $164, bringing the total cost to $524 -- a savings of $125 and the best deal for those willing to join T-Mobile.
6/ YES – you read it right! Trade-in an iPhone6 & get a new #iPhone6s for $5/mth or trade-in your iPhone5s & get a new one for $10/mth!
— John Legere (@JohnLegere) September 22, 2015
T-Mobile will honor this deal for customers who already pre-ordered an iPhone 6s or 6s Plus.
Top Rated Comments
I just tested a pre-paid sim for 3 days, and I have to tell you I am shocked that the data speeds blew ATT out of the water in SW florida. Even on Sanibel island today it was rock solid up and down. I was floored.
I am bouncing finally from ATT
Trade in 6: $5/month x 18months = $90
W/o trade in: $20/month x 18 = $360
Cost of iphone 6 = $360 - $90 = $270?
IF this is true, then not really a good deal no? Pretty sure you can get a little more for your iphone 6 on craigslist...
Wait a minute, if that is the case, you are saying it will cost $60/year to get the latest iphone every year? That would be insane...
Also, T-Mobile is breaking the payments in 18 months with a residential payoff amount after 18 months. So in my case I will be paying $23/month for the iPhone 6S+ 64GB. If I kept it for 18 months I would owe $264 lump sum payment. 18x$23=$414+$264=$678. The price of the iPhone 6S+ 64GB is $894. But I plan on upgrading after 12 months. 12x$23=$276 and turn it in and get the iPhone 7 for $23/month again.EDIT: The best part I don't have to go through the hassle of selling the phone at the end of the year.
I wonder how t-mobile re-coup cost?
They keep the phone once you return it therefore they resell it. Instead of a massive marketing campaign budget they rely on a simple tweet and people start to talk about it, they are increasing their user base and they make money with their services.something not adding up;