Originally Posted by anrkitec

It's a two-tiered flat rate.

For a 6s, 6s+, 7, and 7+ it's $350. For an 8 or newer it's $800.



Yes, for an iPhone 8 or newer in good condition [powers up, no cracks, etc.] it's $800. But you have to agree to a 30-month contract and the $800 is paid out as either 30 monthly debits or 30 monthly credits to your bill, depending on which new phone you get.

If you get the $799 iPhone 12 64 GB, then you will see no changes to your bill and at the end of the 30 month contract you own the phone free and clear. If you get the $1100 12 Pro 256 for example, they substract the $800 from $1100, leaving a balance of $300, which they divide by 30, leaving you with an increase of $10/month on your bill for the next 30 months - the length of the contract.

Also, if you want a new phone before the 30 months are up, you can't buy out your contract early by paying the difference between the $800 credit and the cost of the phone. But you can buy the phone outright. If you have had the phone for say 10 months, and have been paying an extra $10/month for the phone on your bill as per the example above, then you would subtract the $100 you have paid from the $1100 cost of the phone, leaving you still owing AT&T $1000 for the phone, which you would have to pay to them up front in cash in order to end your contract. But then you would own your phone outright, could then sell it to get a new phone, and AT&T would continue giving you a $35/month credit on your bill [$700/20] for the next 20 months.