For Most People, Contract Upgrade is Bad, Next is good, Buy it: Why? (AT&T)

Discussion in 'iPhone' started by nostresshere, Sep 3, 2014.

  1. nostresshere, Sep 3, 2014
    Last edited: Sep 3, 2014

    nostresshere macrumors 68030

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    Dec 30, 2010
    #1
    Okay, so here is the pricing over 24 months if I want to add an Iphone 5S, 32 gb today on my plan. Numbers are from the ATT site - seems to be same price for upgrade or add a new line. We are on 10gb data plan.


    Buy it now unlocked : $1,110 ($750 + $15 Month Service)
    Next Plan 24 month : $1,110 (24 x 31.25 per month = $750 + $15 Month Service)
    Contract or Upgrade: $1,260 ($300 now + $40 a month service)

    If you need unlocked and/or intl - then the choice is obvious. Other than that, why buy it outright and why do people say NEXT is a ripoff? One could expect pricing may be similar when the 6 comes out.

    HELP ME UNDERSTAND WHY I SHOULD NOT GO WITH NEXT?
     
  2. Newtons Apple macrumors P6

    Newtons Apple

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    Jacksonville, Florida
    #2
    The biggest problem with Next is it takes two years to pay off the phone/contact. Most here want a new phone every year.

    I guess I am lucky as I have the resources to pay outright for my phones and do not wish to be under any contract with AT&T!
     
  3. STEVEN P. JOBS macrumors newbie

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    #3
    Next is no longer a ripoff. It was when it was first announced because AT&T tried to offer it without discounting plans.
     
  4. nostresshere thread starter macrumors 68030

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    #4
    You can pay off the phone anytime you want 5 months, 12 months, whenever. Once it is paid off, you are no longer under any obligation with ATT - yes? At that point it is the same as if you paid it in full on day one. The price does not change. The "contract" is only a perception.
     
  5. saving107 macrumors 603

    saving107

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    #5
    It takes 20 months if you make the minimum payment. You are welcomed to pay it off I believe after 2 months of service.

    AT&T Next 12 lets you upgrade every 12 months if you trade in your own device (if it is not paid off) or pay off your device before 12 months and upgrade while keeping your old device. AT&T also offers Next 18 which lets you upgrade every 18 months with lower monthly payments and 26 months to fully pay it off (or pay it off as soon as you can).

    AT&T Next is not a contract. Also, you pay $31 a month for your device and AT&T gives you a discount of $15 a month if you're on the Mobile Share data plan of less than 10GB, more than 10GB you get $25 off a month. So essentially your bill goes up by $6 or $11 than what you pay now.
     
  6. pooleman Suspended

    pooleman

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    #6
    So does AT&T now offer lower plan costs if your device is paid off?
     
  7. saving107 macrumors 603

    saving107

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    #7
    Depending on which Mobile Share plan you have.

    Less than 10GB - $15 off
    More than 10GB - $25 off
     
  8. Newtons Apple macrumors P6

    Newtons Apple

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    #8
    I realise that but I feel that people who could not afford to buy their phone outright will likely not be paying it off early.
     
  9. mnsportsgeek, Sep 3, 2014
    Last edited: Sep 3, 2014

    mnsportsgeek macrumors 65816

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    #9
    For Most People, Contract Upgrade is BAD, Next is good, Buy it: Why? (ATT)


    Why would you want to pay it off early? Same out pocket cost today or two years from now.

    ----------

    By the way, I entirely agree with the original post. Contract prices are not better if you have a data package greater than 10GB. And Next is the exact same cost as buying outright, so I see no reason not to buy next unless you need to use it in another country.

    If you have less than 10GB then a contract is cheaper than buying outright.

    However, you'll actually notice that a 10GB plan on Next is almost the exact same out of pocket cost as a 6GB plan on contract or full price. So you would be foolish to choose a 6GB plan over a 10GB plan. Just a heads up.
     
  10. ricktat macrumors 65816

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    Feb 18, 2013
    #10

    Yes and at month 12 you can see if the phones are selling for more than your final payments... Most likely they will be... You can decide what you want to do. Hand it back or keep and sell.
     
  11. Newtons Apple macrumors P6

    Newtons Apple

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    #11
    I AM NOT SUGGESTING YOU PAY IT OFF EARLY!!!:mad:
     
  12. barkomatic macrumors 68040

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    Manhattan
    #12
    The reason I'm not doing it is because I have unlimited data and AT&T won't allow me to keep that plan and be on NEXT. I'm not sure if I'll get an old fashioned contract or buy the phone outright.
     
  13. Newtons Apple macrumors P6

    Newtons Apple

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    #13
    ^^^THIS^^^

    Best reason NOT to use Next!

    Not giving up my Unlimited Data Plan so I could pay my phone off with installments! Talk about not making any sense!
     
  14. IndoX macrumors 6502

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    Oct 12, 2011
    #14
    I don't like these programs for a variety of reasons:

    1. The phone is not yours until you pay it off.
    2. When you decide to turn in your phone for these programs, they must be in good condition. At that point it is carriers (not apple, who are known to be more lenient) who decide what exactly is good condition.
    3. You cannot reuse+recycle these devices until you pay carriers the remaining balance.
    4. You cannot sell these devices to another person until you pay carriers the remaining balance.
    5. If you lose the phone, you must pay off the remaining balance to get a new phone.
    6. If you break your phone, you must get it repaired/replaced before wanting to get a new phone with an early upgrade.

    The contract + sell your phone every year sounds like a better deal. Life happens... people drop, break and lose their phones at times and these programs are very unforgiving for it.

    All the scenarios above are concerning wanting to get a early upgrade prior to paying off the full balance of the phone - which is the whole reason for doing it.
     
  15. mnsportsgeek macrumors 65816

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    #15
    For Most People, Contract Upgrade is BAD, Next is good, Buy it: Why? (ATT)


    If you lose your contract device, you are out of a bundle of money as well. You'll be paying an extra $25/line (essentially a full Next payment) for the remainder of the contract and you'll have to find about $500-$600 for a new iPhone in addition to the increased rate. Losing your phone is a huge no no regardless if you buy outright, Next, or contract.

    If you damage it, at least Apple will give you a new one for about $300
     
  16. FrankySavvy macrumors 65816

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    Long Island, NY
    #16
    I think I am going to pay for the iPhone 6 in full, I will be getting $270 from my iPhone 5S so that will offset the costs. This will not effect my contract upgrade eligibility which is 9/21/2015 so next year I can get a full upgrade!
     
  17. IndoX macrumors 6502

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    Oct 12, 2011
    #17
    Losing the contract device is different. You can easily purchase a cheap phone on craigslist and activate it or do a cross upgrade from someone else on your account.

    On Next, you MUST pay off the remaining balance of the device before considering ever going on the program again for an early upgrade.
     
  18. pooleman Suspended

    pooleman

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    #18
    What if I am still on the unlimited plan?
     
  19. mnsportsgeek macrumors 65816

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    #19
    For Most People, Contract Upgrade is BAD, Next is good, Buy it: Why? (ATT)


    So what, you're still paying $25/month plus taxes and fees because you're on a contract versus about $31 (no taxes or fees) on Next. It's a virtual wash in my opinion given that Next didn't have you put any money down.
     
  20. saving107 macrumors 603

    saving107

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    #20
    No discount then.
     
  21. IndoX macrumors 6502

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    #21
    All of the programs have a possibility of money down depending on your credit worthiness. Same as contracts.
     
  22. mnsportsgeek macrumors 65816

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    #22
    For Most People, Contract Upgrade is BAD, Next is good, Buy it: Why? (ATT)


    Irrelevant. We're assuming terms as advertised by AT&T, which most people can get.

    The $200 down on contract is $8.33/month for 24 months. Plus the $25 contract line price is $33.33.

    Next is $27/month for the same phone. Next wins.
     
  23. ricktat macrumors 65816

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    Feb 18, 2013
    #23
    Wait until they announce the contract upgrade is $299 for a 16GB.:cool:

    If you are on a 10GB plus plan then NEXT or Cash is the bet way to go.. If you aren't... then you will need to look at your situation.
     
  24. yg17 macrumors G5

    yg17

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    Aug 1, 2004
    Location:
    St. Louis, MO
    #24
    If your credit is so ****** that you can't get a phone on Next/Edge/Jump or whatever programs other carriers have, you probably shouldn't be buying a $700 phone.
     
  25. NikeTalk macrumors 6502a

    Joined:
    Apr 5, 2010
    #25
    Can I get the $25 off per line on the 10GB plan and still use my 25% off FAN? If someone is nice enough to do the numbers for me lol. I plan on buying outright (32GB) so no need to add NEXT payments. All this is making my head spin.
     

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