reply to flycuban
Re: What a bad idea Your math is a little off. You are not getting that $800 phone free if you upgrade under the current plan. You still have to pay part of it at the time of upgrade.
A 32G I5 at AT&T is $750 retail. If you get it under the current plan you will have to pay $300 at the time of upgrade. That means you are financing $450 of the phone. If AT&T lowers the price plans by $20/mo and you pay the full retail for the phone you could upgrade every 22 months for about the same price.