• cm0002@lemmy.world
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    2 months ago

    Nah, here in the US the majority of people buy through their carrier and typically put them on a 0% interest Equipment Installment Plan (EIP) that break the cost to a monthly payment typically spanning 2 years.

    The carriers also have an upgrade path, for me on T-Mobile when the phone is 50% paid (so once a year) I can turn in this phone and upgrade. The remaining balance gets wiped and replaced by the new phone. Other US carriers should be similar.

    I typically upgrade once a year

      • cm0002@lemmy.world
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        2 months ago

        Depends on how you look at it, T-Mobile requires that all phones that are Jumped remain in good condition so that they can be resold at a good discount to others or shipped off to their phone insurance company to be issued out to people whose similar phone broke and they make a claim

        So it’s not like they get shipped back and thrown away, and I do always have the option to just not return the phone and continue to make the payments on it and then I can pass it down to a family member or just keep it as a backup. Which I have done in the past.