<prompt> Human: This morning Apple announced the iPhone 6s, and with it a few pricing schemes. For simplicitys sake, lets discuss the the 16GB version. You can buy this phone on an installment plan for 27mo for 24 months 648 total, or outright for 649. You can also pay 32.45 per month which gives you an annual upgrade and AppleCare, but then you dont own the phone.So, if you plan to get a new phone every two years, it seems that the monthly installment plan of 27 makes the most sense, since you pay the same amount, but spread over 24 months. The annual upgrade plan seems like an attractive deal, but since you never own the phone you cant resell it, which makes the 27mo plan even more attractive. What are your thoughts, PF?  <response>: Id agree that the 27month plan is the smartest play. Id eat the 1 and the lost interest and pay 648, but thats because I hate having bills to track.32.45month for not owning the phone is bad for all the same reasons leasing a car is bad. Unless you really do value having the latest phone, which is fine. But you can buy a perfectly good phone for 400 I have a customized Moto X Pure Edition being built today which costs 400, unlockedno-contract, and thats how much it costs to rent the iPhone for a year. So its not the smartest play for everyone. 