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"This article is right about one thing: people do seem to put too much importance on the upfront cost. I see things like the latest gen iPhone is $99 upfront an
by Bamafan 14y ago
"This article is right about one thing: people do seem to put too much importance on the upfront cost. I see things like the latest gen iPhone is $99 upfront and the previous generation is $49. For $50 you get older hardware that will be obsolete a year earlier... for something that'll probably cost you up to $2000 (or more) over 2 years anyway"
I think it's more of a cash flow thing than anything else. People buy the best thing they can afford based on the cash they have available at that very moment.
- georgemcbay 14y agoI don't doubt that you're right about that, but if 50 additional dollars in upfront costs is the deciding factor for someone then getting a high-end smartphone with a ~$80+ per month plan is probably a bad financial move for them in the first place.
- hnwh 14y agothis. Yet its amazing how many people seem to get this calculation wrong, or just flat out not care