How does a mid-contract upgrade affect current contract?

Discussion in 'iPhone' started by wlow3, Oct 6, 2011.

  1. wlow3 macrumors regular

    Joined:
    Sep 9, 2008
    #1
    I'm on AT&T a few months past the one year of my current contract with an iPhone 4. If I upgrade to the 4s, I understand that AT&T will charge me an additional $250 above the cost of the discounted price.

    My question is, what happens to my current contract? I guess this may be a dumb question but is that fee in essence to buy out my current contract and then I start fresh with the 4s with two years starting at the day of purchase?
     
  2. rockyroad55 macrumors 601

    rockyroad55

    Joined:
    Jul 14, 2010
    Location:
    Phila, PA
    #2
    Yes, your contract will reset to two years from when you purchase it.
     
  3. james92se macrumors 6502a

    Joined:
    Jun 21, 2010
    Location:
    Dallas, TX
    #3
    AT&T extends your contract another two years. That's what sucks - you end up paying nearly full retail price yet the phone is carrier locked AND it extends your contract.
     
  4. bpeeps macrumors 68020

    bpeeps

    Joined:
    May 6, 2011
    #4
    Just buy it on Ebay for full price and swap the Sims, no contract mumbo jumbo necessary.
     
  5. james92se macrumors 6502a

    Joined:
    Jun 21, 2010
    Location:
    Dallas, TX
    #5
    If by "buy it on eBay for full price" you mean "buy it on eBay for a grand or so from wanna be iPhone flippers" then you're right..
     

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