Now what would be fair is this...
Straight from at&t website
===============================================
Retail Price $349.99
2-yr Contract Price $199.99
Total Due Today $199.99
Mail-in Rebate via AT&T Promotion Card - $100.00
Price After Mail-in Rebate $99.99
-------------------------------------------------------------
Now this is exactly what I paid 7 months ago when it first came out.
So at&t subsidized $250.
With that being the case, we can assume that over a 2 year contract the subsidy is paid off $10.41 a month.
So in the past 7 months, I have already paid off $72.87 of the $250, leaving me with $177.13 total debt for the phone.
So by next month, I should be able to write at&t a check for $476.13 and get a new 16gb 3G iphone w/ a new 2 year contract.
So if at&t wanted to be fair and honest, this would be it.
I could easily sell my phone on ebay for $177.13 and then only be out the $99 I first dropped down. Everyone walks away happy.
Straight from at&t website
===============================================
Retail Price $349.99
2-yr Contract Price $199.99
Total Due Today $199.99
Mail-in Rebate via AT&T Promotion Card - $100.00
Price After Mail-in Rebate $99.99
-------------------------------------------------------------
Now this is exactly what I paid 7 months ago when it first came out.
So at&t subsidized $250.
With that being the case, we can assume that over a 2 year contract the subsidy is paid off $10.41 a month.
So in the past 7 months, I have already paid off $72.87 of the $250, leaving me with $177.13 total debt for the phone.
So by next month, I should be able to write at&t a check for $476.13 and get a new 16gb 3G iphone w/ a new 2 year contract.
So if at&t wanted to be fair and honest, this would be it.
I could easily sell my phone on ebay for $177.13 and then only be out the $99 I first dropped down. Everyone walks away happy.