Blimey, I didn't know the plans were so pricey in the US - the cheapest here on contract (UK) is £30 which is about $45.
No way I'd pay more than double that to get the iphone - and I'm in work.
I'd say dump the phone and save up for a car.
I actually have a car, it's just that I wanted to save up for a Mustang but idc really too much for it. As long as I can drive
That was just an example which is why I threw the whole car predicament in there