I was trying to compare what would be better, Apple Trade-In for an iPhone 11 or the ATT $800 credit for 30months. Here are my assumptions:
1. Trading in a paid off iPhone 11
2. I do not plan on keeping new phone for more than 1, we usually upgrade every year.
The Apple Trade-in is $350 off purchase if I trade in the iPhone 11
if I go through ATT, It looks like I get 26.66/mo off. So essentially over 12months it's $320.
The question is, If I decide to buy iPhone 13 next Oct, will I continue getting $26.66 credit or will I loose my ATT monthly credit? If so than from the surface the option to trade with Apple would be a better deal?
It seems for yearly upgraders the ATT $800 promo is not exactly the best deal?
What am I missing?
UPDATE: -
Another question, If I get the ATT $800 promo, than next year when iPhone 13 comes out, could I use the Apple trade in program even though I'm still financing it via ATT for 18 more months? if so this might work since I won't be able to get into another contract with ATT for another 30months.