iPhones for nothing, but the minutes ain't free
If you were expecting something better, we apologize for dashing your hopes. The truth of the matter is, if you see a website or advert claiming to offer a free iPhone with no strings attached, it will almost certainly be a scam. It may be that you’re directed to a website with malware, or asked to fill in a form that results in your data being harvested as part of a phishing scheme; it’s where your personal data is used to try to scam you out of your money.
Note, too, that the trade-in device isn’t restricted to just last-gen iPhones that are still worth a significant chunk of change on the used market. An iPhone 11? That’s $700. iPhone X? $700. Be aware that you’ll only get these inflated trade-in values if you sign up for one of AT&T’s Unlimited mobile plans, which start at $65 a month. Plus, you have to pay sales tax on the full cost of the iPhone.
The premise is the same as the AT&T deal, though. You’re effectively signing up to a finance plan that discounts the usual $19.44-a-month payment to $0. If you sign up for the $65 mobile plan, your bill will end up at $71.27 a month as a result of residual phone payments and additional charges. Stay for three years and you’ll have paid approximately $2,595.72 in total. And you’re free.
How about if we want to switch things up and start fresh after a year? The DIY route costs us $1,218. With the trade-in method, you pay $1,419.
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