JUMP! & JUMP! On Demand comparison

Learn about the differences between JUMP! and JUMP! On Demand.

 

ItemJUMP! JUMP! On Demand
Device Finance TypeLoanLease
Finance Term24 months18 months
TaxesTaxes for the total financed amount are added to the down payment and collected at the time of purchase.Taxes are not charged at the time of lease initiation but are charged on down payments and future installments on plans that have included taxes and fees.
Upgrade to a different deviceOnce 50% of the device is paid off, upgrade anytime.Upgrade up to once every 30 days
Cancellation

Pay off remaining EIP balance on final bill and then you keep the device.

Pay off remaining lease payments; purchase option price and applicable tax on final bill.

 

OR

 

Return device to Retail within 30 days of cancel and pay any remaining lease payments, damage fees (if applicable) and taxes

Damage feesN/A

$40 or $250 per damage type, depending on the device type

Premium Device ProtectionIncludedNot included
End of payment period (loan or lease)At the end of the 24 payments on a loaned JUMP! device with EIP, you own the device outright.

At the end of the 18 payments on a leased JUMP! On Demand device, you do not own the device and must choose one of these options:

 

  • Turn in the device at Retail and pay any damage fees (if applicable).
  • Complete a JUMP! On Demand upgrade to another device and turn in the original device at Retail.
  • Open a POIP (Purchase Option Installment Plan) to finance the purchase option price to own the device.
  • Pay the POP (Purchase Option Price) plus applicable taxes to own the device.