Sprint opens Essential Phone preorders with a $260 discount
Sprint is now taking preorders for the Essential Phone, and it’s offering subscribers a pretty good perk to jump on it early: a discount of about $260.
Naturally, Sprint being a phone carrier, all kinds of confusing terms and conditions apply here. Sprint is advertising the deal as “50 percent off the Essential Phone,” but that’s not true. What it’s actually doing is giving 50 percent off its standard payment plan, the “Sprint Flex 18-month lease.”
The catch is, at the end of that lease, you don’t actually own the phone. You’ll have only paid off $525 of the phone’s $700 price (though you’ll have paid half that, because of the discount).
At that point, you’ll have the option of trading the…
