Funny, just went down to the Apple Store and asked about paying off the Citizen loan now. The guy looked at me like I was crazy. "You can just upgrade" he says. I told him that I can't upgrade and explained why. He called over his boss and his boss is also on the upgrade program and almost seemed to understand what the problem was but didn't quite grasp why I have better things to do than to check every day whether or not the exact iPhone configuration I want has arrived at a store near me and hope I can beat out every other chucklehead trying to buy the same phone.
There is 100% no way I will do the IUP going forward. I'm buying out the contract and selling the phone.
If it was what they said it was when they came out with the IUP, great, but let's assume that it takes an extra month or two to get an appointment to pick up the exact phone you want in store. You're paying your normal $40 a month while you wait. So, by the time you get your phone, it's going to be at least October if not November. Then you restart a new 2 year contract which you can upgrade in 12 months.
Then next year when they release the iPhone 8 in September you have to either wait until October or November or pony up $40 - $80 extra to get one at launch. Plus, they won't have enough phones for IUP anyway so you'll be in the same boat hitting the Apple site every day for a month or two waiting to get your phone. It's not just about wasting my time once to get the phone. They're going to waste your time every year.
Seriously, unless you need the phone financed, just paying the $1,000 or so up front is a clear winner. Apple sold this as "the easiest" way to upgrade but it's clearly not. For me, I was simply looking to avoid getting lowballed by Apple and trade-in houses on my old phone or the hassle of selling it online. That's what made it attractive but if Apple is going to screw you over every year and make you check back every day, well, it's not worth the hassle.
I agree but what is IUP stand for anyway? I have a pretty good guess but I don't want to look any more foolish than I have to.
Apple Customer since 1983 - yes I'm old