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Can somebody give me a quick breakdown re AT&T Next? Is it a scam?

Posted on 8/5/17 at 8:17 am
Posted by Nature Boy
Negatiger
Member since Jan 2008
18985 posts
Posted on 8/5/17 at 8:17 am
So they are pushing people to basically finance these overpriced phones for 30 months? Is the price the same or cheaper if you just buy them up front? If not, then what is the catch here?

I gave my 3 year old iPhone a dip in the pool, so I'm gonna be getting another one soon. Just trying not to get ripped off too bad. Feels like I'm going to a car dealership. TIA for any tips.
Posted by CaptainsWafer
TD Platinum Member
Member since Feb 2006
58334 posts
Posted on 8/5/17 at 8:19 am to
The "sell" is that they get you used to paying a note on your phone. When your term is up and your phone is paid off you can simply trade it in for a new one. Aka your Next one.

In reality if you follow that logic you're handing them a phone you just paid off to start the finance cycle all over again.



ETA if you keep your phone past the end date your bill should decrease by the amount of the monthly phone payment.
This post was edited on 8/5/17 at 8:21 am
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
71391 posts
Posted on 8/5/17 at 8:20 am to
quote:

The "sell" is that they get you used to paying a note on your phone. When your term is up and your phone is paid off you can simply trade it in for a new one. Aka your Next one.



I didn't know you had to trade your phone in after you finish paying it off. That's insane.
Posted by CaptainsWafer
TD Platinum Member
Member since Feb 2006
58334 posts
Posted on 8/5/17 at 8:21 am to
You don't have to.
Posted by PuntBamaPunt
Member since Nov 2010
10070 posts
Posted on 8/5/17 at 8:22 am to
Verizon moved to a similar setup, no more subsidized phones.

Might want to consider getting a used one from sites like swappa

LINK
Posted by Kramer26
St. George, LA
Member since Jan 2005
6404 posts
Posted on 8/5/17 at 8:22 am to
You don't have to trade it in
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
71391 posts
Posted on 8/5/17 at 8:23 am to
quote:

You don't have to.



Oh ok. Yeah I'm in a similar situation as OP because my 4 year old phone is starting to die on me. I'm going to check out prices for just buying phones outright, but if it is zero percent interest I might as well slap it on my phone bill.
Posted by Doldil
The Ham
Member since Jan 2010
6214 posts
Posted on 8/5/17 at 8:24 am to
You don't have to trade it in if you pay it off. You *can* trade it in if you've made x amount of payments and still owe without paying it off, or you can still finish paying it off and keep it.
Posted by Slim Chance
Member since Oct 2012
1576 posts
Posted on 8/5/17 at 8:26 am to
The kicker is that they claim the phone's were subsidized in your bill, so you were actually paying for the full price of the phone anyway, not really getting it for $100, but yet the bill never went down once the 2 year contract was up or I bought a phone under the next plan. It's all a ripoff. Only good thing is that they don't charge any interest so it's no savings at all to buy from them in full. Might as well just spread it out over 30 months. I hate at&t, but I'm too deep into them, especially since I have directv and the at&t unlimited bundled.
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43299 posts
Posted on 8/5/17 at 8:26 am to
No it's not, the pricing is just more clear and in your face. Prior to this, the cell providers were subsidizing the majority of the phone, but you better believe the pricing of service reflected that. Now the pricing for the phone is clearer for the consumer. Some people don't like it but it's mostly from an 'ignorance is bliss' standpoint.
Posted by shell01
Marianna, FL
Member since Jul 2014
793 posts
Posted on 8/5/17 at 8:27 am to
quote:

Upgrade req's trade-in of financed smartphone or one of the same make/model in fully functional & good physical condition.


Pretty scammy. Buy a phone out right and don't bother with these installment plans if you can help it.
Posted by CaptainsWafer
TD Platinum Member
Member since Feb 2006
58334 posts
Posted on 8/5/17 at 8:27 am to
It worked for us to get off of the old unlimited plan and go to a small data plan base on our usage.

The decrease in the amount of the actual plan more than offset the cost of two new phones.

We take care of our phones so they'll last us longer than the payment plan, and we'll ride them til they die.
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
71391 posts
Posted on 8/5/17 at 8:30 am to
quote:

We take care of our phones so they'll last us longer than the payment plan, and we'll ride them til they die.



Yep. That's how I am with mine too. I'm trying one last hard reset to see if that helps, and if it's still all buggy and laggy, it's new phone time.
Posted by East Coast Band
Member since Nov 2010
62765 posts
Posted on 8/5/17 at 8:34 am to
But an unlocked phone.
Pay about 200-400 for "last year's" model.as opposed to $750+ for the latest one.
Posted by tduecen
Member since Nov 2006
161244 posts
Posted on 8/5/17 at 8:42 am to
Google Project Fi is the way to go
Posted by GeauxGutsy
Member since Jul 2017
4716 posts
Posted on 8/5/17 at 8:43 am to
I fought it, but finally caved in. Agree it sux, but doubtful it reverts back to the "good ole days". One can hope
Posted by yellowfin
Coastal Bar
Member since May 2006
97632 posts
Posted on 8/5/17 at 8:49 am to
There's no interest on it

The plan is just dividing the price of the phone over a couple years


You can also buy an older model phone for cheap
Posted by Arkapigdiesel
Arkansas
Member since Jun 2009
13227 posts
Posted on 8/5/17 at 8:52 am to
quote:

Might want to consider getting a used one from sites like swappa

What I did. Got a mint condition 6S Plus for close to 1/2 price on what a new one costs from AT&T.
Posted by HeadyMurphey
Los Santos
Member since Jan 2008
17184 posts
Posted on 8/5/17 at 9:03 am to
False. The plan goes down 25 bucks, which is about what the monthly payment is
Posted by knowingabyss
Vermont
Member since Aug 2016
2700 posts
Posted on 8/5/17 at 9:06 am to
I like how people act like AT&T or any carrier dictates the prices of these Apple/Samsung/LG products. On top of that, the older phones never cost $650+ like the ones today do, do you know how much money cell companies would be losing if they did it the old way still? Be upset with Apple, Samsung, and so on.
This post was edited on 8/5/17 at 9:07 am
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