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On my bill there is a "purchase option price", a "lease amount" and lease balance. Which amount do I pay if I want to pay off my 2 phones?

  • 19 August 2016
  • 3 replies
  • 8563 views

I'm a little confused about the amounts on my bill. There is the "lease balance" amount and when I click the lease details it has listed under both phones a "purchase option price" and "lease amount". All 3 are different amounts. I'm just trying to figure out which amount I would need to pay if I want to pay both of my phones off. Thanks

Both.

The lease amount is what you pay up to 18 months. If you want to keep the phone you have to pay the 6 months that is not equated in the price.


Lease amount + option purchase price = keep the phone

Lease amount  = return the phone and lease is closed.


This definition:
Lease amount  = return the phone and lease is closed.

 

Should it really be:

Lease amount  = return the phone at the end of the lease and then the lease is closed.


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