Dell does it with computers – they let you purchase an eleven-hundred dollar machine and make monthly payments of anywhere from $30-$60 until the computer is paid off. I think it would make a ton of sense for AT&T to offer iPhone financing and iPhone payment plans for people who aren’t able to shell out five or six hundred dollars for a single phone. Lets say someone only wants to spend about $100 on a new phone – what AT&T needs to do is sign this person up on a new plan at $59.99/month and collect a $100 down payment on the phone – then just collect $20, $25, $30 per month or whatever it takes for however long it takes (an of course with a little interest stacked on top) to allow the new subscriber to pay off their brand new iPhone.
As of right now, it doesn’t seem like too many people are having any problems affording the Apple iPhone, but in a couple weeks or a couple months went the initial hype and craze wears off, financing options and monthly payment plans for the iPhone might be just the thing that will make it a feasible option for the masses.
I know, I’m just rambling, and finding a way to put Americans further into debt, but if I didn’t think up this solution, certainly someone else would. So spend on America… spend on… and stay tuned for a (in my opinion) soon to come Apple iPhone financing option.
What do you think? Would you finance an iPhone? Let’s hear your remarks!