Also i checked with Verizon and tmobile, and they are doing the exact same thing. Verizon calls it next, and tmobile calls it jump. All 3 are attempting to push us away from contracts, but you have to pay the full cost of the phone. or you sign a contract and it cost you even more. where's the logic here? anyone else feel let down?
For years you were getting ripped off before the NEXT,JUMP,EDGE plans existed essentially you were paying 200-300 dollars than a higher monthly bill until you payed another 200-300 dollars for your next iphone 2 years later for your "upgrade" that is how 2 year contracts have worked..
With Next, you pay 33 dollars a month until your phone is payed off with no interest applied it's literally like a credit card with 24 month no interest. You than pay a lower monthly bill since you are no longer having your phone subsidized and combined with your service charges.
Why are these carriers doing this? To try to persuade people to trade in their phones 12 or 18 months into paying off your phone so they can sell your old used phone for a higher refurb price to someone else and you reset your monthly payment to them for another 2 years with your brand new spanking phone (or until you upgrade again).
If you are a normal person who can go 2 years with the same iPhone then you are essentially getting 24 months of interest free financing for your 650 dollar iPhone, after that you can sell it and pocket the 200-300 dollars and start another round of NEXT (or whatever other program on different carrier).
It's a good deal for those who upgrade every year and like the lease model and it is a good deal for people who don't want to fork 650 bucks upfront and would rather pay it slowly over 2 years.
If you are not on a mobile data share plan and your individual monthly plan does not go down in price if you get next than yes you are getting ripped off big time, since you are essentially paying as if you have a 2 year contract still but you are paying additional price for NEXT.
And yes, they make it this complicated on purpose to try to get more money from you, speaking of which they tried renewing my 90 day free trial of beats music after I explicitly canceled it before the renewal date.
AT&T is a snaky company but they are the only service in my area with great coverage..