You get 80% of the price you paid for a phone 2 years later?
I’m calling bullshit there. I could buy a brand new iPhone 13 for £599 today when it released at £779 in September 2021. Why would they give you more than the cost of a new one…?
Or for android, a brand new Samsung S22 costs £499 today and released in early 2022 for £769.
No way you’re getting 80% of what you paid for it after 2 years of use.
US. Competition between carriers. Trade in was $1000 for the iPhone 8+ when I got an 11 pro. I paid $4/month on a 11 pro, and traded that for $800 and now pay a little more for a 13 pro. We don’t buy phones with cash here.
If that were the case couldn’t I literally buy a phone with cash and trade it in for more value?Right now in the US you can buy an iPhone 13 for $475 from Walmart, but a carrier will give you a trade in value of $640ish you reckon?
We generally don’t buy phones with cash here either and there are plenty of networks competing, but nobody offers 80% of what you paid 2 years later as a trade in, because they simply aren’t worth it.
Not saying you’re lying, I just don’t see the logic, feel like I’m missing something.
They make all the money off the cell service. If you’re paying for a phone you’re less likely to leave the service. They don’t just hand you cash they give a bill credit. It’s convoluted and not super ideal.
Edit to clarify: a monthly bill credit, usually over 24 months.
Yeah I figured that out by pretending to buy one on the at&t site. They eat the cost of the phone because in the US the network fees are mental from what I could tell.
Jesus I just set up an iPhone 15 purchase with at&t claiming to trade in your phone and yeah it’s $1000 trade in. However I couldn’t work out why it was a final price of 0 so I kept going, the actual network plans are fucking insane prices so I guess that’s where they make their money back. In the UK I pay £20 a month for a Samsung s22 and £20 a month for 200gb data and unlimited calls/texts. The equivalent of about $50 a month total without even trading in my old phone.
I was feeling hard done by until I got to the network plans, fuck me.
You get 80% of the price you paid for a phone 2 years later?
I’m calling bullshit there. I could buy a brand new iPhone 13 for £599 today when it released at £779 in September 2021. Why would they give you more than the cost of a new one…?
Or for android, a brand new Samsung S22 costs £499 today and released in early 2022 for £769.
No way you’re getting 80% of what you paid for it after 2 years of use.
US. Competition between carriers. Trade in was $1000 for the iPhone 8+ when I got an 11 pro. I paid $4/month on a 11 pro, and traded that for $800 and now pay a little more for a 13 pro. We don’t buy phones with cash here.
If that were the case couldn’t I literally buy a phone with cash and trade it in for more value?Right now in the US you can buy an iPhone 13 for $475 from Walmart, but a carrier will give you a trade in value of $640ish you reckon?
We generally don’t buy phones with cash here either and there are plenty of networks competing, but nobody offers 80% of what you paid 2 years later as a trade in, because they simply aren’t worth it.
Not saying you’re lying, I just don’t see the logic, feel like I’m missing something.
They make all the money off the cell service. If you’re paying for a phone you’re less likely to leave the service. They don’t just hand you cash they give a bill credit. It’s convoluted and not super ideal.
Edit to clarify: a monthly bill credit, usually over 24 months.
Yeah I figured that out by pretending to buy one on the at&t site. They eat the cost of the phone because in the US the network fees are mental from what I could tell.
They sure get their money back don’t they?
Jesus I just set up an iPhone 15 purchase with at&t claiming to trade in your phone and yeah it’s $1000 trade in. However I couldn’t work out why it was a final price of 0 so I kept going, the actual network plans are fucking insane prices so I guess that’s where they make their money back. In the UK I pay £20 a month for a Samsung s22 and £20 a month for 200gb data and unlimited calls/texts. The equivalent of about $50 a month total without even trading in my old phone.
I was feeling hard done by until I got to the network plans, fuck me.