An OK article from +TIME
about why doing a contract (or an installment plan like Next or Edge) is a bad idea and still better to buy the phone outright.
I wish he would have gone into detail about how specifically At&t hides their "savings" in the data connection charges. If you do the installment plan, they "save" you $600 over 24 months, but you are still paying that same $25 (or more) in the payment of the phone!
The difference is that an upgrade fee is waived in the installment plan because you end up paying more in the long run. Whereas you pay the upgrade fee in the "subsidized" 2 year contract price. And $25 more a month in the days connection fee.
Cell phone companies are no longer subsidizing the phones anymore, any way you slice it, you are still paying FULL price for the phone. And I hate that. I really think the extra $25/month is a BS charge.
I think on the At&t plan, the "data connection" fee should stay the same over the 2 year period. $15. Not $40 because I was penalized for signing a 2 year contract.
Any lawyers in the house? Can I file for a lawsuit?