Apple Offering Trade Services: Own an iPhone for as Low as $15

Everyone is dreaming of having an iPhone, but its luxurious price is the reason why not one and all possess the Apple smartphone. Now, worry no more as the multinational technology company is now giving a good deal with their trade-in program, called "Trade Up With Installments" that offers the handheld device for as low as $15 per month.

"Give us your eligible smartphone and we'll use its value to lower the monthly payments on a new iPhone of your choice," the official Apple website said in a statement. "Once your iPhone is activated, it remains unlocked so you can choose the carrier and rate plan that work for you."

The company headquartered in Cupertino, California is giving their supporters the privilege to own their latest flagship by swapping their old model iPhones in a low cost. In fact, they are also accepting other phone brands, like Android or Windows, but the offer is just available in U.S. Apple stores only.

Digital Trends added that an iPhone 4, 4S, 5, 5C, 5S, 6 or 6 Plus can be traded for a newer model. One only has to pay for the remainder left after their phone's value is already deducted to the higher unit chosen.

And the good news is, the new holder doesn't have to pay for the remaining balance instantly, but they will be given a chance to pay it for 24 months without interest. In fact, they can even give anyone who will bring an older iPhone model or even the damaged ones a proper credit.

Meanwhile, USA Today reported Apple CEO Tim Cook recently said that their move is to aid the 60% current iPhone owners the chance to have an upgraded an iPhone 6, 6 Plus, 6S or 6S Plus. And even if there are no concrete details if they are going to release the much-awaited iPhone 7 until the fall, there are swirling rumors that a new smaller-screen iPhone will be out next month.