Quick Answer: What Happens When Your Lease Is Up With Sprint?

Is it worth switching to Sprint?

To be fair, Sprint’s service used to be notoriously terrible, but it’s gotten much better in the last few years.

Nowadays, if you live in a city or a big suburb, Sprint will probably work fine for you.

Still, for many people (especially those in rural areas), Verizon’s premium network will be worth the extra cost..

What happens when my lease is up on my Sprint phone?

When you reach the end of your leasing term on Flex, you’ll have the option of buying your device from Sprint via the Purchase Option Price. This amounts to about 25% of device purchase price or $200 or less—basically, the difference between what you’ve already paid, and the full price of your leased phone.

Can I turn in my Sprint lease early?

Lease (Sprint Flex): Monthly amount excludes tax. Early termination of lease/service: Remaining lease payments will be due immediately, and requires device return or payment of purchase option device price in lease. 24-Mo.

What happens if you don’t return a leased phone?

you’ll either give the phone back. If there are no cracks scratches or damages it will most likely settle the lease payments. If you don’t turn it in or pay the lease and you switch carries your credit receives a negative inquiry for negligence.

Is it better to buy or lease a phone from Sprint?

Leasing your phone costs less per month than buying on an installment plan, but it could cost you more in the long run. … One carrier even lets you swap phones up to three times per year. Both Sprint and T-Mobile offer leasing options alongside their pay-to-own equipment installment plans (EIP).

How much is it to cancel a lease from Sprint?

The early termination fee is prorated, which means that as more time passes, you will pay less to terminate the fee. The way Sprint figures out the fee is that it charges $20 per month for each month that’s left on your contract with a maximum fee of $350 and a minimum of $100 per device.

Can I get out of my Sprint contract for poor service?

The bottom line You can cancel your Sprint service at any time, but if you cancel it before your contract is done, you may have to pay early termination fees on top of the balance remaining on your cell phone bill.

What happens after 18 month lease with Sprint?

After 18 months, you can choose to swap your phone and keep leasing something newer, or buy the device either outright or with six more monthly installments. You can also just keep on paying the lease fee every month or return the phone to Sprint after 18 months and be done with it.

Can I buy my leased phone from Sprint?

If you want to buy your phone and keep it, simply visit a Sprint store and pay the Purchase Option amount listed on your lease. Continue leasing month-to-month. You can continue with a month-to-month lease. You can choose another option when you’re ready.

Is leasing an iPhone worth it?

Leasing a cell phone can be a good idea if you like to upgrade to a new phone every year (or thereabouts) and don’t necessarily need to own your phone. Leasing a phone can be cheaper than paying off a phone in full (whether outright or via monthly installments) and you’ll be able to get a new phone every 12-18 months.

Do you own your phone after lease?

No, you will not own the device at the end of your leasing term. However, you do have the option to buy your phone at the end of the term by paying the balance off. Cell phone leasing plans are payment plans where a carrier charges you each month to “rent” their phone.

Can you cancel one line of a Sprint family plan?

To cancel a line of service you would have to call in. As long as you have an active line of service you remain a customer. The early termination fee would depend on if you are in contract and for how long. Canceling one line of service may require you change the plan on the other line.

How do I terminate my Sprint account?

1-888-211-4727 is the number to call to cancel Sprint. You’ll be given a list of options and asked what you’re calling about. After you’ve made it clear that you’re calling to cancel Sprint, you and the call agent will need to go through the particulars.