Now, users can lease an iPhone 17e starting at $17.99 USD per month, an Apple Watch Series 11 or iPad Air for $11.99 USD per month and a MacBook Air for $24.99 USD per month. Developed in partnership with financial provider Klarna, the service requires a soft credit check for approval and operates much like a standard vehicle lease. Customers commit to 12- or 24-month terms for iPhones and Apple Watches, while Mac and iPad plans extend to 24 or 36 months. To lower monthly costs, participants can integrate their existing hardware through Apple Trade In or earn three percent Daily Cash back by paying with an Apple Card. The new initiative effectively phases out the decade-old iPhone Upgrade Program, which is no longer accepting new enrollments.