A year from now you’re lucky if that Note 20 Ultra is worth $700 selling it. Meanwhile they’ll likely give you bill credits for your trade-in.
If you plan to keep the phone the 30 months I’d say do it. If they give you anything other than monthly bill credits for the trade-in do it. If you get bill credits you’ll likely be underwater on the value of the phone in a year and still have a year and a half of payments remaining.
I don't know what I'm doing tomorrow let alone in 30 months that's the issue lol. I typically upgrade every year, multiple times a year because I like new shyt, but just haven't felt compelled to this year before this promo.
I know Androids don't retain value but at that point I wouldn't care, that's $700 more than I paid for it. And yeah I'm thinking that $1000 is stretched out over 30 months, but if I can get that negotiated I'm probably jumping in. I'll just schedule payments for my Apple Card through customer care at that point.
And me considering this got me to also thinking about Samsung's strategy and what the hell they're doing. This is the first time any Note has been cheaper than the S series. The deal on the Note 20 Ultra is better the S20 Ultra, S20 Ultra almost 6 months later still costs more than the Note. Almost like they can't cut price for some reason, Covid might have them fukked up. AT&T too, they've never offered anything like this before as long as I've had them.