> The deal is if you are on the Next 18 plan you can trade in your phone for the new model after 12 months and pay whatever 1/18 x the retail price of the new phone is each month. In this case the remaining 6 months of payments for the first phone are waved. In essence you are renting the phone from AT&T. If you keep the phone and pay out the 18 payments you have payed for the phone and it is yours.
> Rich Raiff
So: I sign up with Next now, and bring an iPhone 5 to the deal.
Presumably my monthly charges include NOTHING to pay for a device, since I would already own the 5.
Next year I decide to get the 6S Plus, 128 GB (full price=$950, not counting Applecare+). Presumably that $950 is amortized over 18 payments of $52.78 every month, in addition to the normal monthly charges for service. And at the end of that contract, I don't own the phone; I've been renting it.
Right?
My 2nd-year charges will be over $50 per month higher than my 1st-year charges? And I won't own the phone when I'm done?
I could go with the regular 2-year contract, pay $500 up front, and pay less every month, and at the end of the contract I *do* still OWN the device.
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Jim Saklad mailto:jimdoc@icloud.com
Posted by: Jim Saklad <jimdoc@icloud.com>
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