Does Sprint Take Back Leased Phones?

How can I get out of my Sprint lease?

You can cancel your lease if you decide to part ways with your Sprint Flex plan before the term is up.

However, this will come at a cost: You’ll have to pay the remaining balance left on your lease.

You’ll also need to return the phone to Sprint (be sure to contact them and get a return kit)..

Can you sell a leased Sprint phone?

Selling a Leased Phone Some carriers like Sprint allow you to lease a phone to save money on your monthly payments. … A leased phone must be paid off and bought out before you can sell it. Otherwise, you must return it to your carrier.

How can I get out of Sprint contract without paying?

Here are some ways to get out of your cell phone contract without paying the Early Termination Fee.Transfer to a Cell Carrier That Will Pay Your ETF. … The Cell Provider Changes the Terms of the Contract. … Transfer Your Contract to Someone Else. … Complain Often, but do it the Right Way.More items…•

Can you pay off a sprint lease early?

If you have your device in Installment billing, then yes, you can payoff your device any time. Customer must pay Purchase Price Option (PPO) and remaining Lease monthly charges. Remaining Lease monthly charges must be paid to become eligible for upgrade.

Can you switch carriers with a leased phone?

If you are, you will need to buy out the phone to take it to another carrier. This shouldn’t apply if you leased your phone through another store or the manufacturer. To be sure, you can contact your current carrier to see if you own your device or if you have any outstanding fees that need to be settled.

Can Sprint ruin your credit?

Having a Sprint account does not affect your credit score (positively or negatively). If your account is sent to a collections agency due to NOT paying for your service, your account will be reported to the bureaus by that collection agency. As long as you pay in a timely fashion, you have nothing to worry about.

What happens if you don’t return a leased phone?

you’ll either give the phone back. If there are no cracks scratches or damages it will most likely settle the lease payments. If you don’t turn it in or pay the lease and you switch carries your credit receives a negative inquiry for negligence.

How much does it cost to cancel a Sprint lease?

The early termination fee is prorated, which means that as more time passes, you will pay less to terminate the fee. The way Sprint figures out the fee is that it charges $20 per month for each month that’s left on your contract with a maximum fee of $350 and a minimum of $100 per device.

What happens when Sprint lease is over?

At the end of your lease, you can hand the phone back to Sprint in good condition and upgrade to a brand-new handset, which you can choose to lease via a new Flex lease plan or pay for in full upfront.

How do I end my sprint Flex Lease?

With Flex Lease, Sprint owns the phone. You lease it with affordable monthly payments and at the end of your agreement your options are to: Upgrade it. Own it by paying the remaining balance, either in one payment (contacting the online chat agent may be required for this) or in nine monthly installment payments.

Can you trade in a phone that isn’t paid off?

No, you cannot trade in a phone that you have not completed payments. You would have to pay off the $339 and then trade in and get up to $300 (it may be less).

Will Verizon buy out my Sprint lease?

Verizon will buy out your contract and cover early termination fees and device or lease buyouts from your old wireless provider. … Visit a Verizon store when switching to have your trade-in appraisal performed and value applied immediately in-store.

How long do you have to return a leased phone to Sprint?

within 30 daysIf the leased device or authorized replacement is returned to Sprint in good condition within 30 days of the new upgrade device shipping, Sprint will credit your account in the amount of the final purchase option price that Sprint charged to your account at the time the lease was cancelled.