Should You Buy an iPhone on Apple’s New Installment Plan?

Should You Buy an iPhone on Apple's New Installment Plan? 1With price tags of $1,000—or more!—it’s hard to imagine buying a new iPhone outright. You could set up a payment plan with your phone company, but then you’re usually stuck with that carrier for two years. In some cases, you don’t even own the phone you pay for every month; it’s more like a lease.

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