Leasing A Phone Vs Buying -

Once paid off, you can keep the phone for years, sell it on the secondhand market, or trade it in for a huge discount on a new one.

If you decide you want to keep the phone at the end of the lease, you must often pay a large "residual value" payment. Buying: The "Value-Seeker’s" Choice leasing a phone vs buying

Once the warranty ends, you are fully responsible for all repair costs. Which is right for you? Once paid off, you can keep the phone

You upgrade every 12 months, want the simplicity of a "subscription" that includes insurance, and don't want the hassle of reselling old tech. Which is right for you

Programs like T-Mobile's JUMP! On Demand allow users to swap for the newest model up to three times a year. Cons:

With modern flagships now receiving 6–7 years of software support from Google and Samsung , keeping a purchased phone for 4+ years is the cheapest way to own a device.