Sprint Offering Free iPhone 8 Lease With iPhone 7 Trade In

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Sprint today announced that well-qualified customers can lease an iPhone 8 with 64GB of storage for $0 per month after bill credits with the trade in of an eligible smartphone, including the iPhone 7, iPhone 7 Plus, and Galaxy S8.


With the trade in, Sprint will waive the regular $29.17 charge for 18 months. After at least 12 lease payments, all of which are covered by the promotion, customers can trade in the iPhone 8 and upgrade to a new iPhone.

The limited time offer appears to be available to both new and existing customers who activate at least one new line of service.

Sprint is also offering 50 percent off the 18-month lease of an iPhone 8 to customers who trade in an older smartphone, such as an iPhone 6, iPhone 6 Plus, iPhone 6s, iPhone 6s Plus, Galaxy S7, or Google Pixel.

Until October 31, 2018, Sprint's unlimited talk, text, and data plan costs $50 per month for the first line, and $40 per month for the second line, with up to three additional lines for free with AutoPay and paperless billing.

"Unlimited" has some caveats, including a max of 1080p for streaming video, 1.5 Mbps for streaming music, and 8 Mbps for games. After 23GB of usage in a billing cycle, data deprioritization applies during times of congestion.

Sprint will waive its $30 activation fee for customers who order online or by phone. There may be additional taxes and fees.

Tag: Sprint

Top Rated Comments

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38 months ago
Not a deal, give them your iPhone 7 that you own to LEASE an iPhone 8? On the worst carrier in America?!?
Score: 12 Votes (Like | Disagree)
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38 months ago
That's because you're not upgrading. You're more or less handing them your phone, getting the battery replaced, and then ending up with a lease on a phone you had previously owned outright.
Score: 5 Votes (Like | Disagree)
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38 months ago
This isn’t good enough, Sprint. We’ve talked about this! You have to pay me to use your network. Remember??
Score: 4 Votes (Like | Disagree)
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38 months ago
This is why I take the sticker price of these phones with a grain of salt. Carriers will find ways to get them into the hands of customers. Verizon and Tmobil and AT&T will be doing very similar promotions.
Score: 3 Votes (Like | Disagree)
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38 months ago
I switched last year and got my 7 for free (via monthly credits). Might think about this, but previously wasn't even interested in the 8. I came over from AT&T. There is definitely a difference in the network - while I've not really had issues with getting a connection anywhere, it is definitely slower. But I'm paying half of what I was with ATT. So far, it is worth it - have saved almost $1,000 in a year.
Score: 2 Votes (Like | Disagree)
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38 months ago

You basically you're selling your iPhone 7 for $350. Then you're jumping into a worst network in the US. I just joined them and so far that's my experience slow network almost unusable. They got me into joining the free for 12 months and I'm glad it's free or else it would be a much worse experience.

No. You're giving Sprint your iPhone 7, and paying $175 for an iPhone 8, which is yours to keep if you stay with Sprint for 18 months. You're basically getting a $525 value trade-in.

The way they're getting you to stay in leu of a contract is that your lease payments are $29.17 each for 18 months. Sprint will give you a credit of $29.17 each month for 18 months.

If you quit Sprint, the credits end but you still owe those $29.17 payments.

At the end of the lease, the amount 'paid' is 18 months x $29.17 = $525. For an additional $175, you can keep the iPhone 8 and do with it what you want. If you DON'T pay the $175, then you need to give the phone back to Sprint.
Score: 2 Votes (Like | Disagree)

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