You are mistaken NEXT with subsidy vs no subsidy...
Subsidy (2 yr contract) or no subsidy only affect your monthly bill
NEXT is simply a interest free financing or lease program from AT&T
With NEXT, you either pay off the device in FULL over time and own the device or
You don't pay the full amount, in this case, AT&T will take back the phone
It's like lease a car or finance a car, if you lease, the car belong to dealer at the end, if you finance, the car is yours after you pay off the loan, and just like car leasing vs buying, lease almost always is more expensive over the long haul..
Exactly. There is a lot of misconception here in this thread about the Next plan. Gotta keep it sperate from the cell phone plans too as one does not have anything to do, with the other per se.
I think the decision to keep unlimited or not is just personal. Each person has to look at their bill and determine what is best for their situation. For some, especially single lines, it will likely cost more. For families with 2 or more lines, they can likely save, and sometimes save a ton.
Next Vs the, subsidy phone however is just too difficult a comparison to make. It is comparing apples to oranges. You do not really ever know how much you are actually paying for that phone with a subsidized cost on the old plans. I would bet that most, whether they realize it or not, are actually paying more than if they bought the phone outright. ATT just hides it in the way they do the old plans. That is why there are/were ETFs and 2 year contracts.
At least with Next you know exactly how much you are paying. And if you combine with a mobile share plan, you save money on that plan. You can turn it in early if you want without paying the full value of the phone just like you do with a car lease, or you have the option to buy, which can be done at any time. Why is paying the actual MSRP for a phone such a bad thing?
The worst decision I think is to use Next on an old plan. In this case, you for sure are paying too much. Don't forget that those old plans have a cost built into them to help the carrier make up for that subsidized phone they used to give. So you pay that, plus the full price of the phone. No good.
Or just buy phones used off swappa or ebay and you get an even better deal. Lol.