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re: 78 worry free payments for a total of $2339.22

Posted on 3/2/15 at 9:15 am to
Posted by alajones
Huntsvegas
Member since Oct 2005
34531 posts
Posted on 3/2/15 at 9:15 am to
My wife's iPhone 5 broke this weekend. Went to AT&T store, we weren't eligible for an upgrade but on the NEXT plan, we could pay sales tax on a new iPhone 6, and just pay $22 a month for 30 months added on our bill!!!

Where do I sign up? Here, take my money!
Posted by cajunangelle
Member since Oct 2012
147972 posts
Posted on 3/2/15 at 9:19 am to
quote:

My wife's iPhone 5 broke this weekend. Went to AT&T store, we weren't eligible for an upgrade but on the NEXT plan, we could pay sales tax on a new iPhone 6, and just pay $22 a month for 30 months added on our bill!!!

Where do I sign up? Here, take my money!


Trying to get monthly bills down, they will tell you if you upgrade to iphone whatever your bill will go down to $93 a month. You pay a very small amount that day and bam, yeah, you are financing buying the phone.
Posted by anc
Member since Nov 2012
18193 posts
Posted on 3/2/15 at 9:32 am to
I feel obliged to get this info out there.

The NEXT plan from AT&T and its related cousins at other carriers is the way of the future. By 2016, it will be the ONLY way to purchase a phone.But it isn't as bad as it seems up front.

The way it has traditionally worked:
The regular 2 year contract price of an iPhone is $200. The plan is $65. When you get done with the two year contract, you can buy another phone for the $200, or you can keep your phone - you still pay $65 a month.

The NEXT Plan
The plan is $40. The full price of the iPhone is $600. You pay interest free payments of $25 for 2 years. So for two years, you pay $65, just like you would above.. The difference is after two years, your bill goes to $40 if you don't get a new phone, and you saved $200 from the initial purchase.

Its going to take the American consumer some time to get used to it, but it is a good deal.
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