AT&T’s new financing options could make owning a phone more difficult
May26
AT&T is again changing its phone financing options, simplifying it from three plans to two. The bad news is you’ll no longer be able to actually own a phone. The annual upgrade plan, dubbed AT&T Next Every Year, lets you trade-in your existing device so long as you’ve paid 50 percent of its retail value. A 30-month financing plan, AT&T Next, lets you trade-in a device after 24 months so long as you’ve paid 80 percent of its value. In its small print, AT&T notes both plans require the “trade-in of financed device,” suggesting there’s no option to simply pay…
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