Quote:
Originally Posted by 45thCamaro
Not sure I follow you, 32 a month for 18 months is $576. How is that cheaper than buying for $200 and being in a 2 year contract. I can understand if the service is less but say you broke the phone 6 months into plan. You would have to continue paying the 32 a Month for another year plus your new phones price.
Not trying to argue, trying to understand
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First, I want to clarify an error I made in my previous post. To own my device in the Next program, it is 32 for 20 months which comes out to 640.
Now when I say its cheaper, I am also factoring in the price for the service. With next, I pay the 640 and I own the device. In essence you are paying MSRP for the phone in 20 installments with no interest. If I were to sign into a contract, it would be the initial 200+35*24 which equals 1,040. So if you factor in the higher cost of the service for being in contract, you are basically paying an extra 400 dollars.
As for if I broke the device or it got stollen, it would be an issue either way. I would be liable for the remainder of "loan" while also footing the bill for a new device like you said. However, if I was in a contact, I would not have to repay the device but I would still have to purchase a device out of contract which is the same cost as if it broke under the next plan. Now this is all assuming you do not have insurance on the device (Which I don't). I have never broken/lost or had a device stolen so I took the gamble.
The next plan is not for everyone, I personally am a Tech enthusiast so haveing a new device yearly is something that caught my interest which was one of main reasons for going with it.
Hope this clarifies what I am trying to say.