Originally Posted by
pseudoswede
There is also some complex math involved with the trade-in...
$830 over 24 months = $35.48 per month
Let's say T-Mobile values your iPhone 11 trade in at $240
Once they accept your iPhone 11 trade-in as good, they immediately apply a $240 bill credit to your account
Then T-Mobile claws back that $240 over 24 months ($10/mo)
The bill shows up as you paying $10/mo for the phone with a $25.48 credit
Each month, $35.48 is deducted from the $830 balance for the next 24 months
Let's say after 12 months, you want to trade it in for the iPhone 12S/13/13S/13Z/14/whatever, you need to pay the remaining balance ($415), but you'll still receive the $25.48/mo bill credit for the remaining 12 months
Really? I thought you would have to pay the remaining balance, but then you would stop receiving the remaining credits on the trade-in phone because you will be on a new 24 month credits on the new phone? If I only have to pay off the balance ahead of time but still get it back later, there is really no reason to not trade in iPhone 11 for 12.