'Apple Upgrade' Pricing: You Can Lease an iPhone Starting at $18/Month - MacRumors
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'Apple Upgrade' Pricing: You Can Lease an iPhone Starting at $18/Month

As expected, the Apple Upgrade program launched today, allowing customers in the U.S. to lease most iPhone, Apple Watch, iPad, and Mac models. While the program is offered by Apple, the leasing is handled by financing company Klarna.

Apple Upgrade iPhone
The program essentially allows you to subscribe to an Apple device with monthly payments. At the end of the lease, you can return your device and either upgrade to a new one or move on. If you prefer to keep your device at the end of the lease, you can pay a fee through the Klarna app to own it outright instead of upgrading to something new.

Apple Upgrade allows you to lease an iPhone for as little as $17.99 per month, with the complete breakdown of starting prices listed below.

iPhone

  • iPhone 17e: From $17.99/month for 24 months
  • iPhone 17: From $22.99/month for 24 months
  • iPhone Air: From $28.99/month for 24 months
  • iPhone 17 Pro: From $31.99/month for 24 months
  • iPhone 17 Pro Max: From $34.99/month for 24 months

Apple Watch

  • Apple Watch Series 11: From $11.99/month for 24 months
  • Apple Watch Ultra 3: From $24.99/month for 24 months
  • Apple Watch Hermès Series 11: From $40.78/month for 24 months
  • Apple Watch Hermès Ultra 3: From $47.03/month for 24 months

iPad

  • iPad mini: From $11.99/month for 36 months
  • iPad Air: From $15.99/month for 36 months
  • iPad Pro: From $24.99/month for 36 months

Mac

  • MacBook Air: From $24.99/month for 36 months
  • iMac: From $28.99/month for 36 months
  • MacBook Pro: From $38.99/month for 36 months
  • Mac Studio: From $48.99/month for 36 months

If a device is not listed above, it is not eligible for the Apple Upgrade program at this time. Notable exclusions include the iPhone 16, the Apple Watch SE, the entry-level iPad, the MacBook Neo, and the Mac mini.

You can learn more about the Apple Upgrade program on Apple's website and by reading our coverage of Apple's announcement earlier today.

Apple Upgrade is currently available in the U.S. only.

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Top Rated Comments

26 minutes ago at 07:50 am
HERES A CRAZY IDEA...SAVE UP AND BUY IT OUTRIGHT...or better yet, trade in your old stuff to off set the cost. You lease a car, a house. Something you need to survive and most likely cant afford upfront. Something you plan on using 5 years or more. If your leasing a apple watch or an iphone, your a sucker. Im sorry. Save up the money and buy it outright then when your done using it trade it in towards the new one, that way you dont owe anyone anything the moment you walk out the door with it in the bag!

Common sense people.
Score: 5 Votes (Like | Disagree)
BeatsByTim Avatar
29 minutes ago at 07:47 am
Glad to see Apple is teaming up with the scummiest predatory lending company. Thanks, Tim!
Score: 4 Votes (Like | Disagree)
Mlrollin91 Avatar
25 minutes ago at 07:50 am

pay a fee through the Klarna? how much 😳 just to keep a device you were leasing.
The “fee” is the remaining MSRP balance of the device. Klarna is not actually charging you anything. You just have a balance to own the device at the end of the term.
Score: 3 Votes (Like | Disagree)
29 minutes ago at 07:46 am
Have had nothing but bad experiences with klarna. Stay away from this. Buy refurbished.
Score: 3 Votes (Like | Disagree)
jonnyb098 Avatar
17 minutes ago at 07:58 am

HERES A CRAZY IDEA...SAVE UP AND BUY IT OUTRIGHT...or better yet, trade in your old stuff to off set the cost. You lease a car, a house. Something you need to survive and most likely cant afford upfront. Something you plan on using 5 years or more. If your leasing a apple watch or an iphone, your a sucker. Im sorry. Save up the money and buy it outright then when your done using it trade it in towards the new one, that way you dont owe anyone anything the moment you walk out the door with it in the bag!

Common sense people.
You are talking to people who finance door dash. That's where we are as a society now. People will never give up their lifestyle they think they're entitled to. Sadly Klarna perpetuates this trashy mentality.
Score: 2 Votes (Like | Disagree)
21 minutes ago at 07:55 am

pay a fee through the Klarna? how much 😳 just to keep a device you were leasing.
This article is terribly worded and is really doing a mis-service to readers calling it a fee. It's not a fee, it's the balance of the principle left after your payments with not one penny extra. If anything, it's a balloon payment, not a fee.
Score: 2 Votes (Like | Disagree)