How do you figure Next is a few hundred more than a contract? The quotes I've got for the Next, assume we switch all 3 phones to the plan, is $140 plus taxes monthly.
We're paying about $140 monthly for our present 3 phones with contracts.
Every year I've been able to sell my old phone for $100-$150 more than I paid for it. With Next, I lose this profit because I have to return the old phone. So, by my math, Next actually would cost me $100-$150. Am I missing something here?
The BIG draw for me to do the Next deal is the 10GB shared data that I might occasionally use tethering while traveling.
I said a 2 year contract is a few hundred more expensive than the NEXT plan, not vice-versa. You don't have to return the old phone, you can just sell the phone, pay off your NEXT contract, and get a new phone every year.
In your case, you can sell your old phone for $100-$150 more than the
subsidized price you paid, but you still have an ETF to worry about paying off. I think you may be forgetting about the ETF, but that is assuming you are wanting to upgrade every year.
Here is an example (what I plan on doing):
Buy new phone via NEXT plan @ $63 (taxes required up-front) - $649 balance
Pay $27 a month on the phone for 11 months (total $297) - $352 balance
Sell phone at end of August / beginning of September and pay off balance (before keynote) - $0 balance
Start over again with the new model
I can purchase a new iPhone every year and enjoy the "discounted" pricing of ATT (I have 3 lines @ $136/mo w/ 10GB due to 23% FAN, but this will jump up $27 a month when I purchase the iPhone 6 with NEXT)