iPhone 6S Trade-in Program 2015 news: Sprint offering $1 deal for iPhone 6S

iPhone 6s and 6s PlusApple

The iPhone 6S wars have started and two retailers have fired the opening shots with crazy but sweet deals that should get customers trooping to their respective stores soon.

T-Mobile was the first to fire the opening salvo, initially offering the iPhone 6S at $20 a month. Thereafter, Sprint announced its own package, a lower $15 per month for the same handset.

Not to be outdone, T-Mobile counters with a sweet option involving trade-ins of an iPhone 6. For folks who trade in their iPhone 6, they can get the latest iPhone 6S at $5 per month. Additionally, for folks who are still using the iPhone 5S, you can also avail of the deal only that you will be paying a slightly higher fee of $10 per month.

The offer is also valid for folks who may have pre-ordered the iPhone 6S. Aside from that, the deal also includes T-Mobile's Lifetime Coverage Guarantee and a full refund in case folks decide to return the iPhone 6S within 30 days of purchase. If returned over the 30-day period, folks get a one-month reimbursement and the device will be unlocked for use with another cellular network.

Over at Sprint, the retailer offers its own deal, which would see customers get a new 16 GB iPhone 6S for $1 a month or an iPhone 6S Plus for $5 monthly if they trade in their old iPhone 6. The deal is for a limited time only.

For the ones who may be interested in the deal from Sprint, take note that prices may vary depending on the type of iPhone 6S/6S Plus model that would be purchased as well as the quality of the iPhone 6 being traded in.

In this case, customers could end up paying $5.77/month (64 GB) or $10.53 (128GB) when purchasing an iPhone 6s, and $9.77/month (64GB) or $14.53 (128GB) when buying an iPhone 6s Plus. Another thing that should be placed in consideration is that monthly subscription charges could vary as well.