iPhone 11 Why wouldn’t you upgrade if you are eligible?

[Mabus51]

Ok.

just be aware that you sell or trade in at a loss... I’m going to leave it at that... I don’t care to debate the merits of leasing vs buying....I’d rather spend the time enjoying the new camera.

have a good day!

You sell or trade in at market value. It’s only a loss if you expect technology to go up in value, which like your car never does.

 

[MacNut]

I buy cell phones to run them into the ground. I'm in no hurry to upgrade every year. I can go 2-4 years on a phone until the battery dies. It's not worth it to upgrade for minor specs every year.

 

[Bethanie21]

I think if you upgrade every year, you don’t appreciate the changes. I upgrade every two years, so I always see significant differences when I get my new phone. But each to their own.

 

[MisterSavage]

I think if you upgrade every year, you don’t appreciate the changes. I upgrade every two years, so I always see significant differences when I get my new phone. But each to their own.

Don't agree. I'm blown away with how good night mode is compared to low light photos with my XS. I love being on the upgrade program.

 

[MacNut]

I think if you upgrade every year, you don’t appreciate the changes. I upgrade every two years, so I always see significant differences when I get my new phone. But each to their own.

10 years ago the changes were bigger with every upgrade. Things have settled down now where it's not as noticeable a change.

 

[dstew201]

You sell or trade in at market value. It’s only a loss if you expect technology to go up in value, which like your car never does.

Ok, final response... I swear...

It is a loss because you’re dealing with depreciation, same as with cars...


On a $1400 phone you’re gambling that you’ll get 50% of your money back on a sale, if you decide to upgrade in 12 months.
I don’t have that worry because it goes straight back to Apple... I don’t care about projected market value 12 months from now because I’m guaranteed apple will take it back, so I ONLY pay for 12 months of owership then upgrade OR I can keep the phone and pay it off, that works for me (for the 1 millionth time).

also, you don’t get market value on “trade in” vs “sell price”... iPhones aren’t THAT hot!


Do what works best for you, can we agree on that?

 

[dstew201]

...

 

[missbing]

Since some people are stuck on the monthly payments being the same when upgrading annually and being on the IUP program and not upgrading I put together the below breakdown to show that there’s a significant savings when you wait 2 years to upgrade vs upgrading annually. It doesn’t matter if you’re on the IUP program or not, waiting to upgrade saves money.

Below numbers are based on the base iPhone model with a flat 10% tax.

Upgrade Annually through IUP:

Year 1
$500 Phone (1 year of payments on $1,000 phone)
$100 Tax
$100 AC+ (1 year of AC+)
=$700

Year 2
$500 New Phone (1 year of payments)
$100 Tax
$100 AC+ (1 year of AC+)
$40 Upgrade Fee
=$740

Year 3 Stop Upgrade Program
$500 Pay off last year of phone
-$600 Sell Phone
=-$100

Total Paid for 2 years of upgrading = $1340

Keep phone for 2 years:

Year 1-2
$1,000 Phone
$100 Tax
$200 AC+
=$1,300

Year 3 Stop
-$400 Sell Phone

Total Paid for 2 years of not upgrading = $900

Savings of $440 over a 2 year period by not upgrading annually. This doesn’t take into account the new accessories you have to buy with every upgrade.

 

[Mabus51]

Ok, final response... I swear...

It is a loss because you’re dealing with depreciation, same as with cars...


On a $1400 phone you’re gambling that you’ll get 50% of your money back on a sale, if you decide to upgrade in 12 months.
I don’t have that worry because it goes straight back to Apple... I don’t care about projected market value 12 months from now because I’m guaranteed apple will take it back, so I ONLY pay for 12 months of owership then upgrade OR I can keep the phone and pay it off, that works for me (for the 1 millionth time).

also, you don’t get market value on “trade in” vs “sell price”... iPhones aren’t THAT hot!


Do what works best for you, can we agree on that?

I think you’re missing the point of my original post entirely.

If you’re in the IUP program and decide not to upgrade your X to the Xs and held on another year to upgrade to the 11. You can turn your X in for $400+ to Apple and still get your 11 for the monthly lease price, no down payment, and are still eligible to upgrade to the 12 next year no questions asked. If you want more money than the price Apple is willing to give you can sell your X on your own and still remain in the IUP program. You don’t have to turn in a phone every year to remain in the IUP program. If you keep the phone for 2 years it’s yours. If you trade in every year you’re not out anything more either in the IUP program.

 

[dstew201]

No! I got your point!
I upgrade every year and this model works for me!

whether im in the IUP or flat out buy everyear I will have to pay tax, activation fee (which I don’t pay!), that would be the same!

If you keep your phone 2+ years then the logic would be different, obviously! Stop conflating the two!!!

And stop saying an extra $400, $400 is what’s left over from your original $1400 purchase (loss).

I could put $400 in the damn bank and have that at the end of my IUP to add to a new purchase no???

 

[russell_314]

Since some people are stuck on the monthly payments being the same when upgrading annually and being on the IUP program and not upgrading I put together the below breakdown to show that there’s a significant savings when you wait 2 years to upgrade vs upgrading annually. It doesn’t matter if you’re on the IUP program or not, waiting to upgrade saves money.

Below numbers are based on the base iPhone model with a flat 10% tax.

Upgrade Annually through IUP:

Year 1
$500 Phone (1 year of payments on $1,000 phone)
$100 Tax
$100 AC+ (1 year of AC+)
=$700

Year 2
$500 New Phone (1 year of payments)
$100 Tax
$100 AC+ (1 year of AC+)
$40 Upgrade Fee
=$740

Year 3 Stop Upgrade Program
$500 Pay off last year of phone
-$600 Sell Phone
=-$100

Total Paid for 2 years of upgrading = $1340

Keep phone for 2 years:

Year 1-2
$1,000 Phone
$100 Tax
$200 AC+
=$1,300

Year 3 Stop
-$400 Sell Phone

Total Paid for 2 years of not upgrading = $900

Savings of $440 over a 2 year period by not upgrading annually. This doesn’t take into account the new accessories you have to buy with every upgrade.

I think your logic is incorrect with these calculations. If someone is in the AUP with the intent of upgrading every year because you know that's the whole upgrade thing they're not going to do the whole stop and sell their phone. So in that logic it costs them $740 a year for all years after year one. If you bought a new phone every two years by your calculations and sale price it would cost $450 a year for every year. So basically $290 extra every year to always have the new phone. It's actually $580 over two years not $440 under my scenario where the person upgrades every year.

Now my situation is slightly different. I'm not going through the official Apple AUP but rather through my carrier. I pay $12 ($144/yr) monthly for a protection plan that includes Apple Care and the ability to upgrade annually. It's a little more expensive than plain Apple Care but it also has insurance against theft and loss. This is something I would have paid anyways regardless of how frequently I upgrade. I don't think there is an upgrade fee but I'll find out. I still loose about $500 from tax and selling the phone over two years. This is about $250 a year extra for not having to deal with Craigslist scammers and always having the newest phone.

 

[missbing]

I think your logic is incorrect with these calculations. If someone is in the AUP with the intent of upgrading every year because you know that's the whole upgrade thing they're not going to do the whole stop and sell their phone. So in that logic it costs them $740 a year for all years after year one. If you bought a new phone every two years by your calculations and sale price it would cost $450 a year for every year. So basically $290 extra every year to always have the new phone. It's actually $580 over two years not $440 under my scenario where the person upgrades every year.

Now my situation is slightly different. I'm not going through the official Apple AUP but rather through my carrier. I pay $12 ($144/yr) monthly for a protection plan that includes Apple Care and the ability to upgrade annually. It's a little more expensive than plain Apple Care but it also has insurance against theft and loss. This is something I would have paid anyways regardless of how frequently I upgrade. I don't think there is an upgrade fee but I'll find out. I still loose about $500 from tax and selling the phone over two years. This is about $250 a year extra for not having to deal with Craigslist scammers and always having the newest phone.

I stopped at year 3 because I didn’t want to make the calculations too long. The longer you’re on the IUP the less the phone cost per year but there’s still a big savings with keeping your phone longer. I was just trying to make that clear because there seems to be some confusion on why someone would want to skip an upgrade. Although the monthly payment is the same there’s a savings by waiting 2 years. This is one of the reasons to wait.

 

[russell_314]

I stopped at year 3 because I didn’t want to make the calculations too long. The longer you’re on the IUP the less the phone cost per year but there’s still a big savings with keeping your phone longer. I was just trying to make that clear because there seems to be some confusion on why someone would want to skip an upgrade. Although the monthly payment is the same there’s a savings by waiting 2 years. This is one of the reasons to wait.

Stopping at year 3 made it like you did the anual upgrade program the first time then decided to keep your phone for two years without upgrading the next time. Sort of like a hybrid of the two methods I guess.

I look at it as a cost per year vs my enjoyment. Of course replacing a phone every year is going to cost more than replacing it every two years. Replacing it every two years will cost more than replacing it every four years. It would be crazy if that wasn't the case. I know people that are perfectly happy with their iPhone 6 or iPhone 7. If someone is that kind of person they would be crazy to upgrade every year. Others like to have the lastest and greatest. IMO it's whatever makes the person happy provided they're not spending the rent money on a phone of course

 

[macduke]

I always look at it like this:

• I pay for half an iPhone and half an Apple Care every year
• I don’t have to fiddle with eBay returns and false claims, dangerous Craigslist meetups and no-shows or trade-in sites that hassle me and try to low-ball my pristine trades
• Apple makes it easy to send me a new iPhone and a box to send my old one back, postage paid
• No stress or hassle for me and a new iPhone every year

As I get older I tend to make more money and have less time so a program like this is a no-brainer. It’s not exactly the most cost-effective, but it’s by no means a bad deal, and it also depends on how much you value your time. For me that makes it a great deal. I’ve been finally getting around to selling off my old Canon camera gear after switching to Sony last year and I sometimes wonder if it’s even worth the hassle.

 

[dstew201]

I always look at it like this:

• I pay for half an iPhone and half an Apple Care every year
• I don’t have to fiddle with eBay returns and false claims, dangerous Craigslist meetups and no-shows or trade-in sites that hassle me and try to low-ball my pristine trades
• Apple makes it easy to send me a new iPhone and a box to send my old one back, postage paid
• No stress or hassle for me and a new iPhone every year

As I get older I tend to make more money and have less time so a program like this is a no-brainer. It’s not exactly the most cost-effective, but it’s by no means a bad deal, and it also depends on how much you value your time. For me that makes it a great deal. I’ve been finally getting around to selling off my old Canon camera gear after switching to Sony last year and I sometimes wonder if it’s even worth the hassle.

well said... for us “yearly upgraders” the convenience of the IUP is worth it.