Phone lease programs are all the rage in the US market nowadays, with every major carrier offering its own version of the leasing program. Now it looks like Samsung may get in on the action, too.
Samsung is prepping a leasing program for its Galaxy phones in the US, says an “industry executive with knowledge of Samsung’s plans” speaking to Forbes. Details on the program are scarce, but the program will reportedly be similar to Apple’s iPhone Upgrade Program, which offers unlocked versions of the iPhone 6s and iPhone 6s Plus that can be used with any US carrier. After one year, the customer can trade in their iPhone for a new model.
Samsung’s Galaxy leasing program is allegedly set to launch sometime in the coming months, though it’s said that Samsung could push its debut up.
While there are already Samsung Galaxy phones and leasing programs available on AT&T, Sprint, T-Mobile, and Verizon, Samsung’s own offering might be more attractive to some folks if it is indeed like Apple’s leasing program. For example, Apple’s iPhone Upgrade Program offers unlocked phones and insurance. What will be interesting is seeing what the phones included with Samsung’s program look like. Some of Samsung’s Galaxy phones have carrier-branded hardware, preinstalled carrier apps, or both, so it’s unclear how that’ll be handled in a leasing program.