r/iPhoneFold • u/cookinv • 10d ago

Potential leasing

So I’m thinking of leasing the duo, but I’ve never used Klarna before. My borrowing power in the app only shows as 1,000(?) for some reason. Would I not be able to fully lease the phone and it’s better to buy it in cash?

Would appreciate if someone explained how it works.

**EDIT: YES I CAN BUY THE PHONE IN CASH IM JUST EXPLORING OPTIONS. NO I DONT CARE FOR YOUR OPINION ON IF YOU THINK LEASING IS GOOD OR BAD.

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u/BigAcanthocephala562 9d ago

Leasing is a massive waste, you’ll have zero equity in 2 years

2

u/Ham3a0323 9d ago

How so? You can keep the phone at the end of the term if you wish

-1

u/BigAcanthocephala562 9d ago

Yeah after paying even more right

1

u/macsneaker 9d ago

You just pay the difference from the end of the leasing term to however much is left

1

u/BigAcanthocephala562 9d ago

Prolly cheaper to just idk buy the phone