As budney has mentioned, T-Mobile's JUMP is not the only new program. AT&T brings Next. https://www.att.com/shop/wireless/next.html#fbid=JdDjeCBTc_J
In working out the financials for my iPhone 5 this is what I get: No contract price $750 = $37.5 for 20 months. So after 12 months I have paid off $450 and I get off not having to pay the remaining $300 by turning in my phone and getting a new one. Essentially it is the same as selling my phone independtly after a year for $300, and I have to get my next phone from AT&T. Is my rationale correct?
Correct me if I'm wrong on this. but I believe you have a 32GB "unlocked" iPhone 5, right? If so, that model is currently fetching a price of $650 to $700 on eBay. This being the case and knowing Apples good resale value. I still see you getting at least $600 for by the time it is a year old. If AT&T is only giving you $300 for it as a trade in after a 12 month period, that means you would have lost $300 + in the end VS selling it independently...... IMHO, this deal will only be a value to someone that has a smartphone with a lower resale value, and not an iPhone user...
I don't know, I don't see the "i get my iPhone unlocked" in your calculations ETA: LOL, looks like IR & I are picking on the same thing... only one of us wasn't lazy to do the math
Hello IR, yes i have a 32 gb unlocked i5 and was coming to the same conclusion but wanted to make sure I was calculating it right. It is absolutely not worth it in my particular case. Lol, I get my phones unlocked always, so didn't think that's was worth mentioning.:evillaugh
T-Mobile CEO John Legere bashes AT&T's Next upgrade plan, calling it "smoke and mirrors" where customers pay more and get less. The claws are out now.
IMHO, I like the latest and greatest when it comes to cell phones. But these upgrade promotions are just a ploy for people to waste their money. I cannot see making monthly installments on anything, let alone a cell phone.
And if my math is correct. That $450 comes out to roughly $1500 in three years that you shelled out on cell phones. It seems waiting to upgrade by keeping your device for two years is a cheaper option.
The last two upgrades, after 12 months, it's cost me only 200 above the 299 (32gb) to upgrade with ATT. Then I sell the old iphone on eBay for 525. Minus the eBay costs and AT&T fees, that seem better than this new deal. Will wait and see. Sent from my iPhone using Tapatalk 2
T-Mobile's jump program is pretty good think of it this way $10 a month gets you the ability to upgrade every six months with the slate wiped clean plus you get insurance which runs around $8 a month. You are really just paying $2 more a month for the ability to upgrade your phone more often. Purchase a iPhone now and boom in six months turn in that phone and the payments are wiped and you get a new phone and just start paying on it. AT&T's and Verizon's though are a rip off T-Mobile lowered rates when they brought out the new "no contract" plans while AT&T and Verizon have not. With AT&T and Verizon you already are paying the subsidy on the phone via the built in higher rate plans and now they want you to pay full retail for a phone or split up payments adding up to the full retail? Essentially you paying for the phone TWICE with AT&T and Verizon. T-Mobile's structure despite the $10 monthly fee is much more fair in the fact that they got rid of the extra subsidy charges on the monthly rate plans and they throw in full warranty protection plus an upgrade program as well. Jump is entirely different in many ways and it's actually FAR better.
I just hope this "innovation" by T-mobile shifts the US market away from the subsidies. I think the frequency of new iPhone models (and their popularity) will help drive such a change. The other side of that coin has already been illustrated by ComicalMoodyDan--where the subsidies remain in place (for VZW and ATT) and people that upgrade often end up on the losing end.
