In Canada all the major carriers are pushing leasing for the newest phones.
You can still finance the phone at a subsidized rate but the deals are with leasing.
Telus has "bring it back".
You pay 0$ upfront for the phone, but do pay an additional recurring monthly fee for the phone.
After 2 years you bring the phone back. If u want to keep it you have to pay for the remaining cost of the device.
If I just financed it, lower end or older phones would be $0 upfront, but high end phones be paying $500 as an example upfront on top of the financed recurring fees.
Rogers has "upfront edge" where you pay 0$ upfront for a top end device.
You have to return at 2 years.
Bell does the same thing with "device return options
Lower upfront costs.
The choice is yours: at the end of the 2-year term, you have the option to return your smartphone in good working condition, upgrade if you wish, or keep it and pay back the Device Return Option deferral amount.
