I’m not sure where you’re getting the $650 trade in + $350 credit, never seen that.
AT&T has the deal structured in such a way that you are financing the entirety of the phone on an installment plan for 36 months (all $1100). That means you are paying $30.55/month for the phone. However, because you give them the 13 Pro, they credit you $27.77/month. Your net cost is $2.78/month ($100 after 36 months).
If at anytime you upgrade the line in those 36 months, you forfeit the remaining credits and you are required to pay the remaining balance on the financed phone.
So I have an iPhone 12 Pro paid for, I owe nothing.
I’m going Pro Max this year
So it’s $1,100
If I use the AT&T deal am I correct that based on what you’ve wrote I pay $2.78 a month as this pays the difference of the extra $100 after 36 months.
BUT …. I upgrade at least every two years!
So what do I owe after 2 years?
Seems like after 24 months I would owe $333 correct?
So normally I use my Apple Card and just use it to pay the difference with no interest after my Apple Trade-In Value.
That is only $430 right now.
Is the AT&T deal better after 24 months since I only owe $333 to get out from under it???
I’m not sure if I’m reading all this right.
Seems owing $333 to pay it off after 24 months with att is better then paying off the $670 over 24 months with Apple upgrade after $430 trade in value.
Seems there’s almost a $300 value going att after 24 months then doing Apple trade in and Apple Card installment plan?
Am I seeing this right? What am I missing or should I know?