If you have signed up for a Sprint Flex Lease, you can return your phone if you don’t like it for any reason. The terms and conditions of this type of contract will be discussed in this article. Read on to learn more about the fees and the expiration date of your Sprint Flex Lease. You will also learn about the Restocking Fee, the Return Policy, and the expiration date.

Cost of a Sprint Flex Lease

The cost of a Sprint Flex Lease depends on the type of phone you choose, the monthly lease payment, and the length of the contract. Sprint has two different types of flexible lease contracts, one with an 18-month term and the other with a shorter term. Flex Leases allow you to upgrade your phone after 18 months, and after six months, you can cancel your lease and return your phone. After that, you will be required to pay the remaining balance on your lease or pay the Purchase Option Price. In both cases, you will be required to return the phone in good working condition.

Sprint’s lease program isn’t without its downsides. For one, Sprint is publicly traded and a large percentage of its customers end up paying more than their contract allows. It’s not uncommon to pay more than the RRP for a Sprint phone, although Sprint emphasizes that only a small number of customers have to pay more. The company emphasizes that this is an isolated incident, and that most customers aren’t affected by the lease.

Charges for returning a leased phone

If you’re looking to return your Sprint lease phone, you’ll have a few options. You can choose to return the phone in good condition and pay the remaining leasing payment, or you can choose to upgrade to a new device and continue making monthly lease payments. In either case, you should contact Sprint customer service to deactivate the phone and return it for a refund. This will include service charges, monthly recurring charges, and the Activation Fee. You can also choose to pay off the phone in nine monthly payments, or you can pay off the device at once. Either way, you should consider this option carefully before returning a lease phone.

Most Sprint lease agreements come with a 30-day trial period. If you decide you don’t like the phone, you can return it for a full refund within 30 days. Otherwise, you’ll be charged a restocking fee and any other costs associated with returning a leased phone. Also, if you decide to return the phone before the term ends, you can’t sell it. Sprint leases don’t allow you to sell the phone you’re leased. This makes them different than financing contracts, which typically allow you to sell your phone after the lease term ends.

Restocking fee

If you’re not satisfied with your new smartphone, you can opt to cancel your contract or return it for a full refund. However, if you choose to return the phone, you will have to pay the restocking fee for Sprint phones. You can expect to pay anything between $25 and $75, depending on the service provider. In addition, you may be subjected to additional charges such as the early cancellation fee.

In the event that you need to return your device for any reason, you should know that a restocking fee applies to your lease device. This fee is based on the full retail price of the device. You can also expect to be charged for services you have not used. In addition, if you’ve purchased an iPhone, you won’t be able to return the device without paying an additional fee.

Expiration date of a Sprint Flex Lease

If you’re wondering when your Sprint Flex Lease will expire, there are several factors you should know. While the program is essentially an 18-month lease, it’s not an installment purchase plan. You can choose to upgrade your phone after 12 months, hand back the device at the end of the contract, or make six more monthly payments and purchase the phone for its full value. While Sprint will not apply out-of-term payments to the lease, you will need to make sure you have sufficient funds to pay for the phone until the end of the program.

One of the biggest disadvantages of Sprint Flex Lease phones is that you don’t own them once the lease period is up. If you decide you want to upgrade, you’ll need to contact Sprint and pay the Purchase Option Price, which was set at the beginning of the contract. The previous 18 payments will go towards the final purchase price option. You can either pay off your phone in nine monthly installments or pay off your entire lease balance all at once. If you’re unable to do so, you’ll have to continue paying the lease.