Excluding any taxes and fees on the customer’s part, you can expect to pay $15 a month for the G3, while $25 a month will net you the Galaxy Note 4. You’ll need to sign up for a qualifying plan, too of course. As the name implies, Sprint Lease doesn’t give you outright ownership of the devices — It’s more akin to Sprint letting you borrow the handsets for two years. At the end of the two years, you have four options:
- Turn in the G3 or Galaxy Note 4 and lease another phone
- Purchase the device outright
- Continue leasing, but on a month-to-month basis
- Return the device and terminate service when the lease ends
Sprint Lease began in earnest in October 2014 with the Samsung Galaxy S5 and Galaxy S5 Sport, which, itself, was based on the carrier’s iPhone for Life program. Unlike the iPhone for Life leasing program, there is no one year option for Sprint Lease customers, though that could change in the future.
Sprint’s been on a roll lately with tons of promotions, regardless of whether they’ve been hit or miss. Sprint reported adding almost one million new subscribers, likely in large part due to its revamped plans.