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Lease and save, with Apple Financial Services*
Financing your devices is a great way to ensure that you have the latest technology to transform learning, with the ability to fast-track projects and an exit strategy for your old kit. Typically, schools look to lease for a period of 36 months – however, we are excited to bring you further savings from Apple Financial Services (AFS) when you lease your Macbook Air and iPads over a 24-month period.
This is a great incentive, as 24-month contracts keep a much higher residual value on the device, allowing AFS to take this cost off the repayment value. You can also change your payments from monthly to annually to save even more money.
Case study: AFS iPad lease over a 24 month period
A standard 36-month contract with AFS will save you 9% of a full invoice price. This is because Apple covers the 9% in the residual value. By shortening the term to 24-months, the saving is now 23%, as the residual value is higher. Furthermore, by changing your payments from monthly to annually, you can save an additional 5% – bringing your total savings on repayment down to just 72% of the invoice value. The additional 5% is a result of lower admin costs due to having to manage fewer payments.
Value for money
Apple Financial Services unlocks the value
iPad 9th Gen 64GB
- Apple covers 28% of the invoice value
- School makes two annual payments
- After 2 years, school can renew with new equipment
To find out more about AFS leasing, talk to your local TWGB Account Manager.
*Offer valid until the 31st March 2022
