Question: Can I Return My Leased Phone To Sprint?

How much does it cost to get out of Sprint lease?

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..

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.

Will Verizon buy out my Sprint lease?

“Verizon will buy out your contract and cover early termination fees and device or lease buyouts from your old wireless provider,” the company said in a blog post. That $650 figure is per line, so Verizon notes that a family of four can receive up to $2,600.

How long do you have to return a leased phone to Sprint?

within 30 daysIf the leased device or authorized replacement is returned to Sprint in good condition within 30 days of the new upgrade device shipping, Sprint will credit your account in the amount of the final purchase option price that Sprint charged to your account at the time the lease was cancelled.

How do I get out of my Sprint contract?

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 if you sell a leased phone?

Selling a Leased Phone You may be wondering if you can sell a leased phone the same way that you can sell a phone on an equipment installment plan. Unfortunately, the answer is no. A leased phone must be paid off and bought out before you can sell it. Otherwise, you must return it to your carrier.

What happens when my Sprint lease is up?

Some consumers want to buy their Android or Apple devices after the lease period is over. Each Sprint Lease agreement includes a Purchase Option Price. … Once their lease agreement is over, they can make the Purchase Option Price payment at a Sprint Store. At that point, they will own the device.

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.

Can I return my leased phone to Sprint store?

But you can’t return a phone to just any Sprint store, it has to an official corporate store.

Can you cancel Sprint lease?

Canceling your Sprint Flex lease If you decide to cancel your lease before the 18 month lease term is up, Sprint will require you to pay the remaining lease payments—as well as the Purchase Option Price. After this, you are free to leave and take your device with you.

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.