AT&T Community Forums

Upgrade and Trade in - Did I get any benefit from trading in my old phone?

My old phone was a Galaxy S6, and I had paid 548 dollars on the installment plan, out of a total of 684 total financed. I then went and upgraded to a Galaxy S8+. They had me trade in my old phone at the AT&T store, so I no longer have the old phone. Did I just throw away 548 dollars for no reason? I looked at my bill and I'm on the hook for 849 dollars for the Galaxy S8+. Does the previous 548 dollars I paid count for nothing? Do I get any discount on this new financing plan, owing to the fact that I almost finished paying for the old phone?

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sandblaster

ACE - Expert

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64.7K Messages

6 years ago

Nope, no discount. Your trade in value was the remaining Next payments you did not have to make. You would have been better off paying off the phone and selling yourself.

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vwr0527

Tutor

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2 Messages

6 years ago

Ah... wow. Well. As condolences to myself, I think the current market value for a used S6 is roughly in the region of the remaining balance that I didn't have to pay. So if I did pay off the remaining balance and sold it, I wouldn't have profited too much.

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