Can I buy out my leased phone?
Here's the message I got from Telstra:
Hi, there are lease phones on your account that need to be returned once the lease contract has ended to avoid a non-return fee (per phone). Get each lease phone return-ready and in good working order and come into a Telstra store to find out next steps.
If a lease phone is damaged, fees may apply; our team will assess it when you bring it into store and provide you with further advice.
I really would like to keep my phone - I have a Huawei P30.
What would the "non-return fee" be?
To make things simpler, any lease phones that are out of contract can be returned at the same time.
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Re: Can I buy out my leased phone?
The Fair Market Value that is used when wanting to buy out a leased handset is around the 28-30% of the original price of the phone. You would need to contact Telstra and ask them for the exact figure.
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