Phone leasing programs are the hot new thing in mobile, and today AT&T announced a refresh of its own leasing options.
Starting June 9, AT&T will offer two smartphone leasing programs: AT&T Next Every Year and AT&T Next. As its name suggests, AT&T Next Every Year will let you upgrade to a new smartphone every year, so long as you’ve made 12 monthly payments on your current device or paid at least 50 percent of its retail cost. You’ll also need to trade in your existing phone.
AT&T Next will let you upgrade every two years, so long as you’ve made 24 monthly payments on your current device or paid off 80 percent of its retail cost. You’ll need to trade in your current phone, too. The benefit with AT&T Next is that your monthly payments will be lower than they would be with AT&T Next Every Year.
One other detail that’s worth noting is that while well-qualified customers may not have to make a down payment at the time of purchase, they can still do so in order to secure lower monthly payments.
AT&T currently offers four different Next tiers, so this refresh will simplify things for customers when they buy a new phone. Plus, customers that choose AT&T Next (the new 24-month version) are gaining the option of making a down payment on their new phone to shrink their monthly payments.
Have you ever signed up for AT&T Next?