Sprint to Offer Early Upgrade Buyout Program
Recently Sprint has ran a battery of internal offers to promote customer morale and it appears that the Now Network is at it again. We’ve received a recent memo discussing plans for an upcoming trial promotion, known as “Upgrade Now.” Set to run from 2/12/12 – 4/14/12, this offer will give select Sprint customers the opportunity to buy their way out of their contract in exchange for an early upgrade. In addition to the applicable Upgrade Now fee, the customer will also need to commit to a new two year service agreement. Details and eligibility requirements coming up after the break.
- Customers that have upgraded less than 8 months ago
- Corporate accounts
- Customers in collections
- Airave and tablet accounts
- iDEN devices
The Upgrade Now fee will be based off of the remaining term of the account holder’s contract, as demonstrated in the chart below.
Customers that have upgraded devices between 9-11 months ago would have an early upgrade fee of $165. Customers that have upgraded between 12-14 months ago will have an early upgrade fee of $125. Customers that have upgraded between 15-17 months ago will have an early upgrade fee of $95. Customers that have upgraded between 18-21 months ago will have an early upgrade fee of $55, with anything beyond that period simply incurring the standard $36 upgrade fee.
Again, we’re being told that this offer only applies to targeted customers and is only running at corporate store locations. Considering that most top-shelf smartphones carry a full retail price of around $500 and with an upgrade are marked down to around $200, an additional $165 worst case scenario is still a reasonable amount of cash saved. If you’re in need of an upgrade and don’t mind ponying up a few extra bucks for an early discount, this just might be the ticket. However at a bare minimum, you’ll need to meet the aforementioned criteria and have your account reviewed by a corporate store rep.