Yeah, or you spread the regular retail price over X months with no interest and the carrier takes the manufacturer subsidy. The real catch is that they typical

Yeah, or you spread the regular retail price over X months with no interest and the carrier takes the manufacturer subsidy. The real catch is that they typically require you to be on a high end non-BYOD plan, which keeps going up every year. I prefer to buy the device outright and minimize the plan cost.