Macworld:

Apple really, really wants you to stop using that old iPhone and to upgrade to a new one. On Thursday, the company announced the Trade Up With Installments plan, the third purchase plan customers can opt into when buying a new iPhone.

The Trade Up With Installments plan is targeted at users of the iPhone 4, 4s, 5, 5c, 5s, 6, and 6 Plus and is only available at the Apple Store. You can bring in your old iPhone and Apple will give you credit for the device, and then you can pay off the new unlocked iPhone in monthly installments.

This sounds like a great plan to get newer iPhones in the hands of those who want the latest and greatest iPhones but just don’t have $600+ to put down upfront. I hope this program is available outside the US.