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That's how they get you they make you pay for the highest tier and when it is time for you to upgrade they make you think you getting $1000 back for your phone when it was included in your monthly plan.
 
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These are essentially rebranded contract periods. The problem is they gradually extended them to 3 years. If you change the plan within 3 years you pay what's remaining on the device instead of the old "ETF." At 3 years your device doesn't usually have max trade in value. Also, instead of the old $200 fee to get the device you have to surrender taxes + a device. In my case they are offering around $200-$300 more for my device than I could get for it selling locally. If you have multiple lines, get discounts on the plan (or don't want to do MVNO for whatever reason), and aren't going to change carriers, they can make sense. The three year period is making it less desirable though. Am I missing anything?
 
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No need to rush and jump in on these early offers. Black Friday/holidays is around the corner; You'll see better deals then. And if iPhone 15 sales disappoint, you'll see more attractive carrier deals down the road (early next year).

Waiting to see what Walmart offers for Black Friday, as well as Costco.
My phone is barely hanging in there. Don’t know if I want to wait that long tbh.
 
Watch out with AT&T, last year I traded in my 11 pro max and they never gave me any credits, basically stole the phone from me. Full on crooks.

I’d recommended switching to any other carrier or selling to a private party.
I take trade-ins to a corporate store to avoid this. It's worked so far.
 
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Thank you. I’ve personally moved away from financing these. I either want to pay for the device up front or not at all. Did that last year with my 14 pro and will do that next year with my 16 whatever they call it. But thanks for the clarification!

I do the same but I recommend you use Apple Card, you get an extra 3 % discount on the price, and you can simply pay the card right after. It is not a huge amount but it's saving anyway.
 
I know it's been said before but it bears repeating - the trade in rebates are usually statement credits spread out over two or three years, so if you think you'll be upgrading your device sooner than that you may want to reconsider (AT&T has been 3 years for a while, Verizon just went to three years earlier this year, T-Mobile is the lone holdout for two years). I bought my iPhone 13 Pro with a $1000 Verizon trade in credit two years ago and just received the final credit for the full $1000 this month, so for me it was worth it, but I also don't upgrade every year. I might go another year before upgrading so three years could work for me, but that's a decision each person would have to make.
 
I have an iPhone 12 PM (which I also got through the AT&T credit system, and I did receive them (swapped through store)). Going back through my records, the terms at the time was 30 months.

I intend on keeping my current UE AT&T plan (~$80/mo total) for three years (considering they're not likely to get any cheaper). Not happy about having to keep the device that long (though tbf, I've had mine roughly that long), but Apple is only offering $450 for the 12PM.

Am I one of the niche users where it actually makes sense to do a carrier trade-in, or where am I going wrong in my thinking?
 
Try selling it on eBay my cousin is selling her 13 Pro on eBay for $799 and she got multiple offers the highest so far was $650.
Problem with eBay is that its so consumer friendly that almost no matter what, they'll go with the buyer on any disputes. I sold a Moto X phone as broken because it had some chips in the wood on the back (remember that!) and the person wanted me to give them a new phone because of the issue I described. Disputed it with ebay, and they sided with the buyer despite it not being sold as working.

Most transactions will be totally fine, but the chance of it going sideways stops me from using it for expensive items.
 
If the big carriers did things like they did in the good old days with upfront subsidized discounts on a 2 year contract maybe I would go back to them.

You wouldn't want to go back to the good old days of the big carrier plan prices (adjusting for inflation), however. The cheapest AT&T plan for an iPhone in 2007 was $59.99/month (single line) which included unlimited data but was limited on talk (450 weekdays, 5,000 nights and weekends) and text (200). $59.99 is around $89 in today's dollars. That's even higher than AT&T's current top level "Unlimited Premium" plan.
 
You wouldn't want to go back to the good old days of the big carrier plan prices (adjusting for inflation), however. The cheapest AT&T plan for an iPhone in 2007 was $59.99/month (single line) which included unlimited data but was limited on talk (450 weekdays, 5,000 nights and weekends) and text (200). $59.99 is around $89 in today's dollars. That's even higher than AT&T's current top level "Unlimited Premium" plan.
Yeah but the iPhone was cutting edge back then and was exclusive to AT&T so they got away with that. But then again they are still trying…. What I mean by good old days is the straight forward upfront subsidized phone with no trade in required. That’s how most of the carriers operated until about circa 2015.

The convulted BS of needing to trade in and then finance the phone with bill credits strung out over 2-3 years is just a no go for me.
 
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The Apple video this week mentioned up to $1,000 trade in towards the new mode. My 14 Pro would only get about $650.... how do they come up with the $1000?
 
if going through Apple card monthly installments all phones are unlocked. You just need to select a carrier at purchase but you can change carriers at any time.

I think the phone carriers were getting ticked off that people were buying unlocked phones through Apple and reselling them with no intention of having phone service so now they want someone to already have service to purchase through Apple
 
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Unless you’re on a family plan, I still think that paying for the phone outright and doing T-Mobile prepaid is the best way to go. No activation fees, taxes included, mobile hotspot included, data not prioritized below their postpaid plans. I pay $45/month for 10 GB for one line and have never reached that data limit. I’m ultimately paying less than I would for any carrier postpaid deal, AND I’m not stuck with it for 3 years.
 
That $1000 figure is probably if you trade in a 14 Pro MAX with 1TB of storage.
Nah, it's any phone that meets a minimum threshold of a $230 trade-in value. My 12 Pro Max with 256 is eligible for the $1K. AT&T doesn't seem to publish a list of which ones are eligible, although I'm wondering if they just go off of Apple's list
 

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According to the Apple website, the following plans work for the full Verizon deal: “On an Unlimited Ultimate, Unlimited Plus, One Unlimited, 5G Get More, 5G Do More, or 5G Play More plan.” So, based on that, it appears we can stay on the Play More / Do More plans.
Yeah, go figure Verizon would have the wrong terms and conditions on their website lol
 
pure insanity to not use an MVNO like USMobile for $25 flat Unlimited now with priority data and coverage, literally the same Verizon.
 
So let me get this straight…

You get $800 discount spread out over 36 months.

$22 off your bill monthly. IF you trade in your phone in 2 years, then you lose the remaining $22 a month credit over the next 12 months.

So basically you traded in your phone for $800-$264=$536.
 
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In my case, Apple trade in is $250 for an iPhone 11 Pro. Verizon is $800 = $235 immediate credit and then the remaining $565 applied over the 36 months. So basically $15.69 additional credit per month. So even if I left Verizon after 1 month, I will have matched the Apple trade-in value. Each additional month that I stay with Verizon is just adding to the benefit. (Of course, in reality it can take up to 2 months for Verizon to start applying the monthly credits - so leaving Verizon after 1 month may not actually work out great).
That’s exactly how I see it too with ATT.

You get $800 discount spread out over 36 months.

$22 off your bill monthly. IF you trade in your phone in 2 years, then you lose the remaining $22 a month credit over the next 12 months.

So basically you traded in your phone for $800-$264=$536.
 
Anyone looked at Boost Infinite’s brand new program that lets you update to a new iPhone every year for just $60 a month with the unlimited plan included? Seems like a great deal on paper. I currently pay $50 on TMO just for the plan so for $10 a month more I could get a brand new iPhone every year. It doesn’t even require a trade in to start.

https://www.boostinfinite.com/newsroom/infinite-access-for-iphone
 
Where is this T-Mobile BOGO deal mentioned in the article? I don't see it anywhere on T-Mobile's website and it's the first I've heard of it. Details??
 
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So let me get this straight…

You get $800 discount spread out over 36 months.

$22 off your bill monthly. IF you trade in your phone in 2 years, then you lose the remaining $22 a month credit over the next 12 months.

So basically you traded in your phone for $800-$264=$536.
Yeah it only really makes sense if you know you’ll keep the same phone AND carrier for 3 years. But even then it’s no better deal than other options that don’t tie you to long term commitments.
 
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