What is everyone's thought on the "next" plan? I didn't see a thread on this, so I guess I will start one.
Here are my thoughts...
I did the next plan on my 32GB phone. When you do the next plan the phone is valued at $640, instead of $749. So I already got a $109 discount on the retail price, I'll make 12 payments of $32 over the next year, totaling $384, leaving me with $256 left on the phone when the new iPhone drops. I'll then sell this phone for about $500 a week or so before I'm due for my new phone and be ahead $244 to pay for the new one.
Best of all is no contract.
What is everyone's thought on the "next" plan? I didn't see a thread on this, so I guess I will start one.
Here are my thoughts...
I did the next plan on my 32GB phone. When you do the next plan the phone is valued at $640, instead of $749. So I already got a $109 discount on the retail price, I'll make 12 payments of $32 over the next year, totaling $384, leaving me with $256 left on the phone when the new iPhone drops. I'll then sell this phone for about $500 a week or so before I'm due for my new phone and be ahead $244 to pay for the new one.
Best of all is no contract.
Here are my thoughts...
I did the next plan on my 32GB phone. When you do the next plan the phone is valued at $640, instead of $749. So I already got a $109 discount on the retail price, I'll make 12 payments of $32 over the next year, totaling $384, leaving me with $256 left on the phone when the new iPhone drops. I'll then sell this phone for about $500 a week or so before I'm due for my new phone and be ahead $244 to pay for the new one.
Best of all is no contract.
don't you have to turn the phone in to get good pricing on the next phone? i thought next and egde both required this
Here are my thoughts...
I did the next plan on my 32GB phone. When you do the next plan the phone is valued at $640, instead of $749. So I already got a $109 discount on the retail price, I'll make 12 payments of $32 over the next year, totaling $384, leaving me with $256 left on the phone when the new iPhone drops. I'll then sell this phone for about $500 a week or so before I'm due for my new phone and be ahead $244 to pay for the new one.
Best of all is no contract.
Here are my thoughts...
I did the next plan on my 32GB phone. When you do the next plan the phone is valued at $640, instead of $749. So I already got a $109 discount on the retail price, I'll make 12 payments of $32 over the next year, totaling $384, leaving me with $256 left on the phone when the new iPhone drops. I'll then sell this phone for about $500 a week or so before I'm due for my new phone and be ahead $244 to pay for the new one.
Best of all is no contract.
Incorrect.
After 12 months, you will be out $384 and without a phone if you want to upgrade.
You only get too keep the phone after making 20 payments. By then, you have paid $640 for a phone everyone else got for $199 on the same exact contract. Congratulations.
Never. It is such a bad deal it should be considered theft. You pay the same contract plan rate even though not getting a subsidy, pay your payments, give phone back for nothing in return, and repeat.
You skipped the part where I sell the phone on the used market to pay off the installment plan.
You can pay it off and sell the phone but your total cost is astronomical. You could have bought one subsidized, then next year bought full price and sold the subsidized one, repeat. Your total cost is around $100-125 a year. Not $32 a month. Having a contract doesn't matter if you're going to stay anyhow in order to keep buying.
Do the math, its economically a horrible decision. Even adding an unused line for like $10 a month and using its upgrade in off years would be cheaper.
This is true, but you are technically saving money if you want to upgrade each year...
If I buy it for $640 and sell it for $500, then my total cost to use it over the year is $140.
If I buy it for $640 and sell it for $500, then my total cost to use it over the year is $140.
If I buy it for $640 and sell it for $500, then my total cost to use it over the year is $140.
I see what you are saying. Sell phone for $500 and use money to pay off the remainder of the phone with the Sale price. Then The excess can be used to help pay for a new phone?
Sounds like a plan, I think if you pay the whole phone off you dont have to turn it in.
However, you are still paying them an extra $20 month in the phone subsidy you aren't using anymore.
False. The earliest you can sell it is at month 20 or later. At that point, the amount/month you have paid from month 13 through month 20 would have more than ballooned past that $500 you keep saying.
There is absolutely no way you can save money using AT&T's next plan compared to the traditional 2-year contract. The Verge article is very extensive in explaining this.
Read. Educate yourself. Don't be ripped off.
Here are my thoughts...
I did the next plan on my 32GB phone. When you do the next plan the phone is valued at $640, instead of $749. So I already got a $109 discount on the retail price, I'll make 12 payments of $32 over the next year, totaling $384, leaving me with $256 left on the phone when the new iPhone drops. I'll then sell this phone for about $500 a week or so before I'm due for my new phone and be ahead $244 to pay for the new one.
Best of all is no contract.
Good news is that you can still go return it and buy another one without the Next plan.
Bad news is that the only way to keep the carry cost on an new iPhone to $100-150/yr is by paying full price for them to start with.