Sprint on Friday announced that it will lease the LG G3 and Samsung Galaxy Note 4 effective today. Both new and existing customers can take advantage of the program; the iPhone and Samsung Galaxy S5 are already offered.
The LG G3 can be leased for $15 per month over 24 months whereas the Galaxy Note 4 will be $25 per month over the same period. Upon arriving at the end of the lease customers will have a number of options to choose from:
- Turn in the currently leased LG G3 or Galaxy Note 4 and lease another phone with zero down at signing
- Purchase the leased device
- Continue leasing on a month-to-month basis
- Return the device in good working condition and terminate service when the lease ends
Note that the Sprint Lease program is for “well-qualified” customers and that not all will be eligible.