
Teacher
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13 Messages
ATT Next Savings?
Based on the website (http://www.att.com/shop/wireless/next.html), they lay it out the payments assuming you buy a Galaxy S5 (which I assume is similar in terms of pricing to the iPhone 6).
Right off the bat, you know that the 1 year plan isn't really saving you anything considering you nearly paid for more than half of the phone. Which brings me to this:
Doing some math and skipping the boring algebra, I came up to that doing 18 months Next Plan and using the 24month option to pay it off so that you can keep is actually the best deal! Based off of their 1 year comparisons, the 18month plan is best but who would want to give BACK the phone at this point? If you were to use the Next plan of 18months and 24months to pay it off, you would be saving yourself around $190.
Here's the breakdown:
super_pj
Teacher
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13 Messages
9 years ago
I've mentioned a few times in past post that having unlimited data is the better option over 2 Years or Next Plan.
You're correct in the aspect of that you'll save money by cutting costs by having more people on your line. But look at it like this if you were to have a single line on your account:
Two Year Contract
Data Plan of 2GB = $40 / Access Charge = $40 / Phone Costs: $240 with activation
2 Year Costs: ($40 + $40) * 24 + $240 = $2160
Next Plan
Data Plan of 2GB = $40 / Access Charge = $25 / Phone Costs: $27.09 on 24 month payments
2 Year Costs: ($40 + $25 + $27.09) * 24 = $2210.16
As you can see, even on a single line for your account you will save ($50 x how many people on your plan) over 2 Years if you do the Two Year Contract instead of the Next Plan. As I stated before:
If your Data Plan is 10GB or more: Next Plan
If your Data Plan is 6GB or less: 2 Year Contract
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nlflint
Voyager
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3 Messages
9 years ago
I see what you are saying, and I agree.
In my head I keep comparing these plans to my grandfathered unlimited plan. I'm always keeping my eyes open when new plans come out to see if they are a better deal than my unlimited plan. So far nothing.
My wife and I both have grandfathered unlimited plans, and by my numbers we doing a little bit better than Next-18 @10GB after 2 years.
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akoxeno
Scholar
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147 Messages
9 years ago
Is it not that case, if that one can take advantage of the Next promos that the outcomes tilts in favor of Next? For example, one can get $200 for turning in an iP4 - $300 for iP5s - and save $200 on the purchase of an iPad.
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simonelias
Tutor
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8 Messages
9 years ago
Regards,
Simon Elias
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super_pj
Teacher
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13 Messages
9 years ago
Hi Simon,
While on the Next Plan, you have the option of 12/18 months and returning it for a new phone. However, doing the 20/24 month payment option, respectively, will let you own the phone after the payments are completed.
So to answer your question, paying for the iPhone upfront on the Next Plan will let you keep the iPhone and lower your bill by $32 or $27 dollars depending on the Next Plan you chose since now you will not have the monthly installment for the iPhone.
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simonelias
Tutor
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8 Messages
9 years ago
Regards,
Simon Elias
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torrent
Tutor
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8 Messages
9 years ago
Super PJ - so you need to use $650 in your spreadsheet for the smart phone costs. Doesnt this negate most of the savings?
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GLIMMERMAN76
ACE - Expert
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23.6K Messages
9 years ago
as long as the phone is paid in full its your no matter if your on next 12/18/24 you can pay for the phone in full and keep it.
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torrent
Tutor
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8 Messages
8 years ago
What it comes down to, is that we are used to ATT subsidizing the phone purchase, by us signing a 2 year contract. Now you must buy the phone and agree to the 2 year contract (or 2+ year) installment plan to get the phone.
If the consumer has to pay full price for the phone, then they shouldnt be required to be in a contract.
And with AT&T poor customer service, it really doesnt make sense to pay the premium for AT&T contracts.
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cousintim
Professor
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1.7K Messages
8 years ago
AT&T still subsidizes two-year agreements and there is no "must." A customer can freely choose a traditional or Next agreement.
I'm not a fan of Next agreements, but for those who want to upgrade more frequently than bi-annually and/or do not receive a material Premier discount, Next can be appealing.
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