A lot of people don't know this but the resale value of last years iphone is usually ~ the subsidized cost of this year's phone + cancellation cost for last par

A lot of people don't know this but the resale value of last years iphone is usually ~ the subsidized cost of this year's phone + cancellation cost for last part of your contract. There's a bit of a skew to this this year since the 4S came out later then usual. Example: (1) cancellation fee after 12 months at ATT is $325 - 120 = $205. If you had bought an iphone 4 in July 2010 the cancellation fee today would be $165. (2) new iphone costs $200 (3) a 16 month old iphone 4 in good condition sells on ebay today for between $350-$375. A few months ago that was around $400+. This is a twist on the old Jade plan for Macbook upgrades where you sell your old Macbook every year and buy a new one, always staying under warranty and continually upgrading -- it's not flawless, you will have to shell out a few bucks here and there but it's a pretty good system.