What’s the catch with the Apple Upgrade program?

<figure> <img alt="An image showing various Apple devices" data-caption="" data-portal-copyright="Image: Apple" data-has-syndication-rights="1" src="https://platform.theverge.com/wp-content/uploads/sites/2/2026/07/apple-upgrade.png?quality=90&#038;strip=all&#038;crop=0,0,100,60.988602528446" /> <figcaption> </figcaption> </figure> <p class="wp-block-paragraph">Apple's new Upgrade program is here, allowing you to lease select models of iPhones, iPads, Macs, and Watches with a relatively low monthly payment. The company promises you won't pay more than the full price of the device over the course of the one- to three-year lease, and in some cases, you'll pay hundreds of dollars less.</p> <p class="wp-block-paragraph">The basics of the program make it sound like an amazing deal… so surely there must be a catch, right?</p> <p class="wp-block-paragraph">The answer basically depends on how you use the Upgrade Program. At least with current pricing, a diligent user really should be able to make a monthly payment, swap in their phone a year or more later, and move along …</p> <p><a href="https://www.theverge.com/tech/972583/apple-upgrade-program-deal">Read the full story at The Verge.</a></p>