iPhone 12 Pro AT&T Trade-In $1K Scenario … is this a better option? Am I missing something here?

[falconman515]

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?

 

[Oridus]

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?

Yes, your out of pocket monthly is $2.78 if you trade it in.

$366.67 w/ 12 months remaining for at&t. Keep in mind, if you don't have an upgrade fee waiver (employer discount), you'll most likely have to figure in the $35+tax upgrade fee)

 

[BeatCrazy]

Your math is not quite right.

AT&T is giving you $666 of credits, spread over 24 months, for your iPhone. (Obviously you have to keep full 36 months to get the $1000)
Apple is giving you $430 of instant credit.

So, $666-430 = $236 more (not $300 like you wrote) that AT&T is giving you.