Unfortunately, the provide is barely stocked in shops, however it seems to interrupt down equally to Rogers’ $1 iPhone 12 trade-in deal. With Bell, prospects who trade-in “select devices” get a credit score they’ll apply to the iPhone 12. When mixed with the ‘Device Return Option,’ which reduces the month-to-month gadget financing value if prospects comply with return the telephone after 24 months, the month-to-month gadget financing charge drops to lower than $1.
Bell doesn’t specify which gadgets customers can trade-in for the deal. The service possible gives totally different credit score values based mostly on the gadget, it’s situation and different elements. Rogers’ deal specified buying and selling in an iPhone XS or XR for a $360 credit score — the mathematics seems to work equally with Bell’s provide.
Bell at present gives the 64GB iPhone 12 for $0 down and $38.33 per thirty days for twenty-four months (a complete of $919.92, which is lower than Bell’s listed outright value of $1,164 and cheaper than the $1,129 Apple expenses for the iPhone 12). If you apply the Device Return Option, Bell reduces the financing by $540 (about $22.50 per thirty days), which suggests you’ll pay $15.83 per thirty days in financing. Again, the catch right here is you’ll must return the iPhone 12 after 24 months or pay Bell the 540 distinction.
Here’s the place the trade-in credit score is available in. Customers who trade-in a telephone can apply the credit score to the financing value. A tool valued at $360 would lower the financing value by one other $15 per thirty days ($360 / 24 = 15), leaving prospects with lower than $1 per thirty days in financing prices. Of course, the financing value will fluctuate relying on the worth of your trade-in — for instance, a trade-in price $240 would go away you with a $5.83 per thirty days financing value.
Although neither Bell nor Rogers’ offers are significantly nice, I’d say the mathematics works out in Bell’s favour on this one because it gives the iPhone 12 for a decrease complete value than Rogers does proper now. It’s additionally price noting that Telus expenses the identical quantity as Bell does for the iPhone 12. Although Telus hasn’t marketed a trade-in deal like Bell or Rogers, presumably you can do a trade-in and cut back the month-to-month financing value with Telus as effectively.
If you’re curious how a lot you can get to your outdated telephone in trade-in, Bell permits you to get an internet estimate right here, and Telus permits you to get an internet estimate right here (each carriers record the iPhone XS as eligible for as much as $360 in trade-in credit score). It’s price retaining in thoughts that the net software provides an estimate and as soon as in-store, it’s possible you’ll get a unique worth for the gadget if it’s in poor situation.
You can take a look at the Bell provide on the service’s promotions web page.