We recently covered the new Sprint iPhone X deal, and now T-Mobile is joining the crowd. It’s pretty much the same deal as the Sprint one, but here’s the catch: you must trade in your current “qualifying” iPhone. For trading in a qualified iPhone, T-Mobile will give you up to $300 off the iPhone X.
You will be able to purchase your new iPhone X on one of T-Mobile’s installment plans. You get to choose either the regular “Equipment Installment Plan” or the “Jump! on Demand” leasing program.
So how is the $300 calculated exactly? Well, it depends on the trade-in value of your iPhone. T-Mobile has stated that any phone that’s iPhone 6 or newer (SE excluded) qualifies as a trade-in, but here’s the catch. The value of your iPhone will be calculated by the carrier.
Anything above the trade-in credit value comes in form of 24 monthly bill credits. For example, if your phone’s value is $200, you will get that up front, and the extra $100 will come split into 24 monthly credits to your bill.
Here’s a breakdown of T-Mobile’s iPhone X pricing, through respective installment plans:
Through the Equipment Installment Plan (spacing out cost of phone through 24 months)
- 64GB: $279.99 down, with $30 per month payments for 24 months (for a total retail value of $999.99)
- 256GB: $429.99 down, with $30 per month payments for 24 months (for a total retail value of $1,149.99)
Jump! On Demand (Rental program)
- 64GB: $41.56 a month
- 256GB: $429.99 down, $24 a month