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T-Mobile Allows Buyers to Trade iPhone 5 in for Lower Monthly Payments, No Upfront Cost

April 12, 2013 1:56 PM
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On Friday, T-Mobile will finally be adding the iPhone to shelves, with the iPhone 5 selling for $99 upfront and $20 monthly payments for the next 24 months. This is part of the carrier’s UNcarrier plans, which eschew contract subsidies in exchange for a smaller down payment and nominal fees for the phone added to one’s monthly bill. While that is already an attractive deal as it could potentially save some money as opposed to your average two-year carrier contract, T-Mobile has upped the ante in terms of helping subscribers save money and luring iPhone owners from other carriers.

The carrier announced that from April 12 to June 16, consumers would be able to trade their iPhone 4 or iPhone 4S in exchange for an iPhone 5, with no upfront payment and a credit to the monthly bill depending on the iPhone model and its condition upon trade-in. Trading in an iPhone 4S, for example,...

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