If I am reading this right, it’s like the iPhone upgrade program except it applies to other Apple products. Plus you’re leasing the product(s) with the option to buy(after a certain period), turn it back in and stop paying or trade it in on a new product lease. I assume that is unlike the upgrade program?
For someone like me, my wishlist would be a lease on an Apple eco bundle offering. iPhone, iPad, MacBook Air, watch, AirPods Pro(though unlikely they can lease AIrpods). That’s around 3000$ bought individually (for my specific models which are typically base models). Over 3 years that’s around 85 a month. Add AppleOne and it’s 100$. Bundle pricing with a lease should brings it down a bit. Add in decent trade in options/terms and It’d be a buy for me(or I should say lease).