If you don't "trade in" you can switch to Apple's CIT-backed financing that then Apple runs a single financing with an annual device refresh+trade-in tied to an

If you don't "trade in" you can switch to Apple's CIT-backed financing that then Apple runs a single financing with an annual device refresh+trade-in tied to an annual financing refresh at the same monthly rate. (If you trade in, starting this is not among their offers. Perhaps the deal term or finance amount is too low to make the economics work, or more likely, would confuse consumers at the one year mark when the payments needed to go up.)