In an effort to attract new customers, Sprint has announced a host of new plans to go along with the new iPhones that Apple announced yesterday. Prime among them is the iPhone for Life plan that will allow you to rent the smart phone for a fixed monthly payment, rather than own it outright.
Under the plan, you'll have to pay $20 a month (that's for the base model) for two years, after which you can trade-in your old iPhone for a new one. What's more, you don't have to pay sales tax on the full unsubsidized cost of the phone, as you are only renting it.
In addition to the new leasing plan, Sprint will also be offering a new option exclusively for the iPhone that includes unlimited talk, text, and data for $50 per month. So, if you club this option with the leasing plan, you get the new iPhone 6 starting at $70 per month. Of course, you'll will have to shell out more should you choose the iPhone 6 Plus or models with more memory.
Alternatively, you can still choose to pay full price for your iPhone or finance the device for $30 per month.
Sprint, which has lost millions of customers over last few years, has been announcing new plans ever since Marcelo Claure took over as CEO last month. The company recently announced a new shared data plan that offers customers double the data that they would normally receive on other carriers. A couple of days ago, the carrier also announced a new buyback offer under which it is offering up to $300 for trade-ins on eligible devices regardless of carrier.