Here's how to avoid being trapped in never-ending Apple Upgrade leases

Apple today officially announced its Apple Upgrade leasing program, and it works in the way we expected. While it does make products more affordable on a monthly basis, it leaves people at risk of being trapped into a never-ending lease cycle.

That’s because, unlike the iPhone Upgrade Program it partly replaces, you don’t own the device outright at the end of the term …

With Apple product prices higher than ever, there’s no arguing with the fact that there’s an appeal to making devices more affordable. The Apple Upgrade program certainly achieves this when looking solely at the monthly payments.

For example, you can lease a MacBook Pro with 16GB memory and 1TB storage for as little as $38.99 per month. This approach brings more Apple devices within reach of more consumers, and this aspect of it is for sure a good thing.

The danger with the Apple Upgrade program