How much does Apple’s Upgrade plan cost to lease devices and is it worth it?

Apple has launched its Upgrade program in the US, letting customers lease iPhones, iPads, Macs, and Apple Watches through Klarna instead of paying upfront.

The plan uses soft credit checks, requires eligible customers, and for iPhones also requires carrier service through AT&T, T-Mobile, or Verizon.

Lease terms vary by product, and at the end users can return the device, pay a buyout fee to keep it, or upgrade to a new one.

The program mainly helps spread out the cost of Apple devices, though it offers more value for higher-priced models than for cheaper ones.