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Message
re: Rumor: AT&T will end two-year contracts at the end of May
Posted on 4/17/15 at 10:10 am to TigerinATL
Posted on 4/17/15 at 10:10 am to TigerinATL
quote:
2 year contract = Lease, you get the most value by upgrading regularly.
Next = Buy, you get the most value by using your phone as long as possible.
Wait...did you say these backwards?
Posted on 4/17/15 at 10:12 am to Hester Carries
No. On the 2 year contract you keep paying a premium every month even if you've owned the phone long enough to have paid it off. On the Next plan the finance payments stop once you've paid for the phone.
This post was edited on 4/17/15 at 10:13 am
Posted on 4/17/15 at 10:21 am to TigerinATL
quote:
No. On the 2 year contract you keep paying a premium every month even if you've owned the phone long enough to have paid it off. On the Next plan the finance payments stop once you've paid for the phone.
On a 2 year plan I buy the phone outright at a discount for agreeing to another 2 years. I dont pay for it every month.
Posted on 4/17/15 at 10:32 am to Hester Carries
quote:
On a 2 year plan I buy the phone outright at a discount for agreeing to another 2 years. I dont pay for it every month.
Nope. The 2 year plan costs more monthly than the Next plan without the phone. You are still paying for the phone with that difference in cost. There is no buying the phone outright for a discount.
Posted on 4/17/15 at 10:34 am to Hester Carries
quote:
On a 2 year plan I buy the phone outright at a discount for agreeing to another 2 years. I dont pay for it every month.
Really? Maybe in 2006 that happened, but most of these discounts are recouped by higher data/line rates. You can't just sell a phone for less than it's worth, not get any additional monies, and call it a day. You'd be out of business so quickly.
When you purchase an item from Walmart, you are paying for their taxes, personnel, advertising, legal issues, and everything else. Just because it doesn't say it on the receipt doesn't mean it's not getting paid for.
Posted on 4/17/15 at 10:43 am to Hester Carries
quote:
On a 2 year plan I buy the phone outright at a discount for agreeing to another 2 years. I dont pay for it every month.
On the Next plan each line costs $25 per month or $15 per month depending on the size of your data plan. On the Upgrade plan each line costs $40 per month regardless of the size of your data plan LINK
You are paying $15 - $25 extra every month, even after you've paid enough of that premium to cover the cost of the phone.
Posted on 4/17/15 at 10:59 am to TigerinATL
My monthly bill doesnt change when i buy a new phone though...
Posted on 4/17/15 at 11:05 am to stout
There is no better option with NEXT or 2 year plan. Stout fails to state the fact that you pay anywhere from 20-30 dollars per month depending on which smartphone you chose on NEXT program. You pay taxes on phone up front and pay monthly for the phone over 20 months. So tack that on to your 25 to 15 dollars per plan and you will be paying anywhere between 40 to 55 dollar smartphone charge on NEXT vs the flat 40 dollar smartphone charge on a 2 year plan.
You need to state all the facts and not just what supports your choice. The only real benefit of next is ability to upgrade yearly. That's it. And if anyone in this thread states different, it's BS.
You need to state all the facts and not just what supports your choice. The only real benefit of next is ability to upgrade yearly. That's it. And if anyone in this thread states different, it's BS.
Posted on 4/17/15 at 11:11 am to whodatfan
quote:
Stout fails to state the fact that you pay anywhere from 20-30 dollars per month depending on which smartphone you chose on NEXT program
No I didn't. I stated...
quote:
you basically finance the phone interest-free for whichever Next plan you choose.
quote:
So tack that on to your 25 to 15 dollars per plan and you will be paying anywhere between 40 to 55 dollar smartphone charge on NEXT vs the flat 40 dollar smartphone charge on a 2 year plan.
Flat $40 for the 2 year plan plus the $199 and taxes up front you mean. It pretty much comes out to the same thing when all factors are considered except you do have the option to upgrade earlier and more often with Next.
Not to mention that the $40 continues forever but with Next the price of the equipment falls off whenever you finish paying for it according to the terms you choose when signing up like 18, 24, or 30 months.
Posted on 4/17/15 at 11:14 am to whodatfan
quote:
You pay taxes on phone up front and pay monthly for the phone over 20 months. So tack that on to your 25 to 15 dollars per plan
So for 20 months you pay for your phone, then you're done. I had my iPhone 4s for over 3 years, on the old plan I was paying AT&T a premium simply because they only had one set up that penalized you for not upgrading. It really isn't one plan is better than another it's both plans appeal to different use cases, and now unfortunately they are taking away the option for the people that benefited from the Upgrade plan.
Posted on 4/17/15 at 11:20 am to stout
quote:
No money down to upgrade and you have more options. I like it better.
The only issue with next is that you don't own it when you upgrade. The no initial cost and lower bills do favor the customer as the phone won't be worth much when you trade it in anyway. I still have my galaxy s2 skyrocket but guess how much I use it?
The cost per month should subtract what the difference in bill is. 2 year contracts run 35 more for up charge but next is 15.
This post was edited on 4/17/15 at 11:22 am
Posted on 4/17/15 at 11:25 am to Hester Carries
quote:But you do. It's just been hidden from you because it's been built into your monthly service price.
On a 2 year plan I buy the phone outright at a discount for agreeing to another 2 years. I dont pay for it every month.
Things are changing because phones are getting so expensive that it's hard to explain why you can get a $400 discount on a high end phone, or only a $200 discount on a low end phone, but pay the same monthly fee for 2 years. Those subsidies were built into everyone's bills, and you never actually finished paying for your phone. If you put off upgrading, you just continued helping to pay for the subsidies for the people getting brand new high end phones subsidized.
Posted on 4/17/15 at 11:26 am to Hu_Flung_Pu
quote:
The only issue with next is that you don't own it when you upgrade.
If you make the full terms you do and you can also choose to pay the remaining balance of it if you upgrade earlier than your agreed upon terms.
I just upgraded to Next 3 weeks ago and asked the guy all of these questions.
Posted on 4/17/15 at 11:28 am to Street Hawk
quote:
AT&T will end two-year contracts at the end of May
quote:Does this mean my wife's grandfathered unlimited plan will be forced into Next?
Our sources also tell us that AT&T still has no plans to offer unlimited data packages to its customers.
Posted on 4/17/15 at 11:30 am to stout
You really need to calculate each phone individually. Last time I upgraded my wife's phone, I did so through Costco, which has a lower on-contract price than the networks (we're on Verizon). It was cheaper to do the 2 year contract, then after the contract is over we can switch plans. Also, I've noticed Verizon doesn't lower the full price of the phone at the same time that they lower the new contract price. A phone can drop from $200 to $100 without the full retail price dropping any.
To say that there is no value to AT&T or Verizon to have you locked in for 2 years is crazy. They also have a larger markup on accessories as a way to help recoup some of the cost of the phone.
To say that there is no value to AT&T or Verizon to have you locked in for 2 years is crazy. They also have a larger markup on accessories as a way to help recoup some of the cost of the phone.
Posted on 4/17/15 at 11:39 am to whodatfan
quote:
You need to state all the facts and not just what supports your choice. The only real benefit of next is ability to upgrade yearly. That's it. And if anyone in this thread states different, it's BS.
Well, for me, I was paying for Unlimited for me, 2GB for my wife and son, each. Now, I have a 15GB share, w/ rollover and we can all get new phones whenever we want. If I finance all three new phones (16GB iPhone 6), with my new plan, I pay 5349.51 over two years. On my old, 2 year plans, I would pay (for the listed services and the same new phones on 2 year contract), 5324.13 over two years. Now, my son and I kept our iPhone 5 that we had because they were still good. If I eliminate two new phones, it goes to OLD = 4812.15 NEXT = 3995.01.
So, NEXT works best for my family, at 3 connections for us to share 15GB, because I was wasting my unlimited by using less than 2GB per month.
If you don't believe me, can send you my spreadsheet.
ETA: Bottom line is I will not bitch about $25.28 more over 24 months for my family to have a better overall plan and 3 brand new phones.
This post was edited on 4/17/15 at 11:44 am
Posted on 4/17/15 at 11:50 am to TigerinATL
Thanks.
quote:I don't upgrade often
2 year contract = Lease, you get the most value by upgrading regularly.
Next = Buy, you get the most value by using your phone as long as possible.
quote:The models I choose are always basically worthless after I'm done.
reselling your phone
Posted on 4/17/15 at 12:05 pm to stout
quote:
It pretty much comes out to the same thing when all factors are considered except you do have the option to upgrade earlier and more often with Next.
Which was the exact point of my rant.
quote:
Not to mention that the $40 continues forever but with Next the price of the equipment falls off whenever you finish paying for it according to the terms you choose when signing up like 18, 24, or 30 months.
At which point you WILL upgrade. So that point is, well pointless. In fact, most techies like myself would probably upgrade yearly. 90% of the smartphone market upgrades within 2 years. Only a very small percentage will carry a 3 or 4 year old device. Most devices can't go beyond that due to wear/inability to handle software upgrades. That's the way phone manufacturers design.
So I would say 90% of consumers on NEXT will never see the benefit of just carrying the 15 to 25 dollar smartphone charge because of the flexible upgrade options. Only poor's and cheap asses who look for cheaper off contract devices or carry around 3 to 5 year old dinosaurs. Even off contract phones are becoming less affordable as they try to keep up with the hardware in the device. So point is you still have to drop the Benjamin's sooner or later. Up front, over a contract, etc.
For the record, I'm not for or against either way because the phone companies aren't trying to do you any favors with pricing. Just tricking you into thinking one is a better option over the other with the fine print.
Posted on 4/17/15 at 12:05 pm to UMRealist
I know someone that this happened to as well. He showed me all 3 credit scores too and they were really high. Something is screwed up about the way it approves and declines applications.
Posted on 4/17/15 at 12:16 pm to MintBerry Crunch
Where are you going to go? Once one carrier does something, they all follow suit. It will just be a matter of time before Verizon drops two year agreements also.
I just want that damn Asus phone to come to the US so I can get rid of this S3.
I just want that damn Asus phone to come to the US so I can get rid of this S3.
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