I know buying it outright would probably be the best option, but i don't think that is in the cards for me currently. Leaving vzw also won't happen because the only other service around me that is decent is att, so not much choice. I could ask at a store, but i try to avoid going there if at all possible
1. Am i correct in the math that really the phone will only raise my bill by about 3.00/mo? 27.xx/mo-25 credit.
2. Is my only insurance option vzw if i do edge?
3. Currently 6mo from upgrade ( which would cost me more 249 + lack of a discount) ?
4. Do i have to surrender my note2 not purchased with edge? I would like to keep it as a backup.
4. I could do moto credit i guess, at which point in Sept. I could still get the service credit because i didn't take upgrade?
Thanks.
flyboy1100 said:
I know buying it outright would probably be the best option, but i don't think that is in the cards for me currently. Leaving vzw also won't happen because the only other service around me that is decent is att, so not much choice. I could ask at a store, but i try to avoid going there if at all possible
1. Am i correct in the math that really the phone will only raise my bill by about 3.00/mo? 27.xx/mo-25 credit.
2. Is my only insurance option vzw if i do edge?
3. Currently 6mo from upgrade ( which would cost me more 249 + lack of a discount) ?
4. Do i have to surrender my note2 not purchased with edge? I would like to keep it as a backup.
4. I could do moto credit i guess, at which point in Sept. I could still get the service credit because i didn't take upgrade?
Thanks.
Click to expand...
Click to collapse
1. Yes
2. Yes
3. No idea
4. Yes
Your best bet is to buy the phone outright, if you buy a phone on contract you pay $50 per month per line of service. If you buy a phone outright you only pay $15 per month per line of service do the math 50x12=600 you can almost pay for the phone in one year.
This is assuming your on a similar plan to me.
Sent from my Nexus 6 using XDA Free mobile app
I pay 40 per line plus data. So that would be 15 instead, over 2 years i could save 600, not 2. Either way i could just save that monthly and have cash for next upgrade.
Because we have a 10GB plan, I get $25 off my monthly line access (originally $40) since I'm on Edge making my line access $15. My bill is no different than before I came to Edge. Where they get you is when you trade in your phone to Edge Up (each time).
If you have less than a 10GB plan, you'll get $15 off the monthly line access of $40 dropping it to $25.
brholt6 said:
Because we have a 10GB plan, I get $25 off my monthly line access (originally $40) since I'm on Edge making my line access $15. My bill is no different than before I came to Edge. Where they get you is when you trade in your phone to Edge Up (each time).
If you have less than a 10GB plan, you'll get $15 off the monthly line access of $40 dropping it to $25.
Click to expand...
Click to collapse
We have 10gb.
Even though im not edge now, i still need to surrender my note2 ive had for 18mo?
Do you think it is worth it? Ultimately i know buying it outright is cheaper
flyboy1100 said:
We have 10gb.
Even though im not edge now, i still need to surrender my note2 ive had for 18mo?
Do you think it is worth it? Ultimately i know buying it outright is cheaper
Click to expand...
Click to collapse
I had to trade in a working phone...at the time I had the M7 but luckily I had my super old OG Droid...I just activated that on my plan right before I went in to Verizon and then sold my M7.
It depends if you can front the money for the phone outright...I could, but my wife thinks its stupid so I chose the Edge route haha.
flyboy1100 said:
I know buying it outright would probably be the best option, but i don't think that is in the cards for me currently. Leaving vzw also won't happen because the only other service around me that is decent is att, so not much choice. I could ask at a store, but i try to avoid going there if at all possible
1. Am i correct in the math that really the phone will only raise my bill by about 3.00/mo? 27.xx/mo-25 credit.
2. Is my only insurance option vzw if i do edge?
3. Currently 6mo from upgrade ( which would cost me more 249 + lack of a discount) ?
4. Do i have to surrender my note2 not purchased with edge? I would like to keep it as a backup.
4. I could do moto credit i guess, at which point in Sept. I could still get the service credit because i didn't take upgrade?
Thanks.
Click to expand...
Click to collapse
1. YES!!! That is if you are on a 10gb or higher plan you get the $25 discount.
2. I think you should still be able to use your own insurance still, but Verizon only offers insurance through Asurion.
3. If you are planning on keeping the N6 for the full 24 months you basically get it for ~$50 on edge b/c of the discount. If you upgrade at the 18 months though, you trade in your device to upgrade so it's not quite owning the phone.
4. Yes, when you upgrade through the edge program you trade in your old device, its kind of the trade off to being able to upgrade in 18 months (or by paying off 75% of the device) vs only every 2 years.
4 again?. Yes purchasing through Motorola has no impact on your upgrade date with Verizon.
---------- Post added at 10:18 PM ---------- Previous post was at 10:00 PM ----------
Konfuzion said:
1. Yes
2. Yes
3. No idea
4. Yes
Your best bet is to buy the phone outright, if you buy a phone on contract you pay $50 per month per line of service. If you buy a phone outright you only pay $15 per month per line of service do the math 50x12=600 you can almost pay for the phone in one year.
This is assuming your on a similar plan to me.
Sent from my Nexus 6 using XDA Free mobile app
Click to expand...
Click to collapse
You must be on an older plan. For current plans (More Everything, or Single Line plans) off or on contract does not make a difference with the smartphone line access fee, only verizon edge. It's in no way cheaper to buy off contract. There may be other benefits, but not cost.
Whatever more everything plan was 18mo ago is what we are on. So in september i would not get the service credit if i didn't take my upgrade? I have read a lot, but no one ever says what plan they have when they mention that part.
flyboy1100 said:
I know buying it outright would probably be the best option, but i don't think that is in the cards for me currently. Leaving vzw also won't happen because the only other service around me that is decent is att, so not much choice. I could ask at a store, but i try to avoid going there if at all possible
1. Am i correct in the math that really the phone will only raise my bill by about 3.00/mo? 27.xx/mo-25 credit.
2. Is my only insurance option vzw if i do edge?
3. Currently 6mo from upgrade ( which would cost me more 249 + lack of a discount) ?
4. Do i have to surrender my note2 not purchased with edge? I would like to keep it as a backup.
4. I could do moto credit i guess, at which point in Sept. I could still get the service credit because i didn't take upgrade?
Thanks.
Click to expand...
Click to collapse
I work customer service for Verizon wireless so I completely understand not wanting to go into the store for info.
1. Yes Verizon does $25 dollar edge credits on non loyalty 6gb more everything plans and up (changed in February 6 and up get 25 off instead of 10 and up).
2. Yes and no. Yes if you intend to edge up. no if you intend to ride out the full 24 month agreement. I say this because edge agreements are based on the imei. And the only way to edge up a phone that has either had a warranty replacement or been replaced through insurance is to do an edge over ride which is only possible through assurion replaced phones or tech clnr replacements.
3. Not sure on the question.
4. Yes if you early edge you must return that device. Don't try swapping it to a crappy phone then early edging because that removes that lines eligibility for 90 days. And you would be doing ee if you're still under a contract.
3. You can keep note 2 if its out of contract and your not doing early edge
Sent from my SAMSUNG-SM-N910A using XDA Free mobile app
cody11777 said:
I work customer service for Verizon wireless so I completely understand not wanting to go into the store for info.
1. Yes Verizon does $25 dollar edge credits on non loyalty 6gb more everything plans and up (changed in February 6 and up get 25 off instead of 10 and up).
2. Yes and no. Yes if you intend to edge up. no if you intend to ride out the full 24 month agreement. I say this because edge agreements are based on the imei. And the only way to edge up a phone that has either had a warranty replacement or been replaced through insurance is to do an edge over ride which is only possible through assurion replaced phones or tech clnr replacements.
3. Not sure on the question.
4. Yes if you early edge you must return that device. Don't try swapping it to a crappy phone then early edging because that removes that lines eligibility for 90 days. And you would be doing ee if you're still under a contract.
Click to expand...
Click to collapse
But i am not edge now and 75% through my contract, with the 200 paid upfront haven't i already met the 75% cost? I guess i would just like to keep my unlocked otherwise fine note 2 as a backup in case something weird happens. With my job i can't go w/o a phone
when it comes to the bottom line is it worth it to switch to the edge program over full upgrade?
flyboy1100 said:
But i am not edge now and 75% through my contract, with the 200 paid upfront haven't i already met the 75% cost? I guess i would just like to keep my unlocked otherwise fine note 2 as a backup in case something weird happens. With my job i can't go w/o a phone
Click to expand...
Click to collapse
Yes you would have to return it. Going from any point that's not 1 day past the end of the 2 year contract to edge is considered early edge and you must return the device currently on the line qualifying for early edge. Its how Verizon recoups the cost of you getting a new device before completing the 2 year contract where they sold you a device at a significantly discounted price. I mean the best route to take here would be to buy the phone at full retail activate it on your line then wait for the contract to run out and collect the 15 or 25 dollar month to month discount depending on the more everything plan you're on.
Yes edge is cheaper in the long run than 2 year upgrade for any high end device
Sent from my SAMSUNG-SM-N910A using XDA Free mobile app
---------- Post added at 04:20 AM ---------- Previous post was at 04:13 AM ----------
Cody1777 sometimes says his name is mudd referencing primus when answering phone calls, he must be stopped
Sent from my SAMSUNG-SM-N910A using XDA Free mobile app
Eetabeetay said:
1. YES!!! That is if you are on a 10gb or higher plan you get the $25 discount.
2. I think you should still be able to use your own insurance still, but Verizon only offers insurance through Asurion.
3. If you are planning on keeping the N6 for the full 24 months you basically get it for ~$50 on edge b/c of the discount. If you upgrade at the 18 months though, you trade in your device to upgrade so it's not quite owning the phone.
4. Yes, when you upgrade through the edge program you trade in your old device, its kind of the trade off to being able to upgrade in 18 months (or by paying off 75% of the device) vs only every 2 years.
4 again?. Yes purchasing through Motorola has no impact on your upgrade date with Verizon.
---------- Post added at 10:18 PM ---------- Previous post was at 10:00 PM ----------
You must be on an older plan. For current plans (More Everything, or Single Line plans) off or on contract does not make a difference with the smartphone line access fee, only verizon edge. It's in no way cheaper to buy off contract. There may be other benefits, but not cost.
Click to expand...
Click to collapse
Nope only been with Verizon since October 2014, and I know I'm only paying $15 per line where I bought my own phone. Might have been a promotion at the time?
Sent from my Nexus 6 using XDA Free mobile app
So for sure it sounds like in September i can start taking the service discount. I know this would be the cheapest route in the long run, just have to convince the finance manage that it is.... otherwise i will just do edge
I have a Droid Turbo in Edge, and the only issue is because they changed the Edge Up value to 75%. This means, no matter the age of the phone, to them its worth 25% of the price (in this case $162.50). Which I think is kinda crappy. Maybe, maybe, at the 18 months mark the phone on the secondary market might be worth less than $167.50. But I would think you could get more selling it yourself. For example. I have the Droid Turbo. I have had it for about 6 months. Lets say I want to buy the Nexus 6 on Edge. I have 2 options. I can pay them around $300 and give them the phone and "Edge Up" to the Nexus 6. I pay $300 out of pocket and give them the phone. Even though they can probably sell the phone for, I dunno, $400 maybe. They are only giving me $167.50 for the phone, I have to make up the rest. Or, I can pay it off in full, around $467 and I get to keep the phone. Then I can go to ebay or swappa and sell it for about that much. Leaving me out the monthly payments I have already made (could vary from phone to phone). So, at this point, I can pay them $300 or I can pay them $467 and try to get some of my money back. I sure as heck will get more than $167 for the phone.
Now lets say I am at the 18 month point. I can just give them the phone and I can "Edge Up" to a new phone. Or I can pay them $167.50 and get the phone and sell it myself. So if the phone at that time id worth $150, then yeah its a good deal. If its worth more you are better selling it.
I think I am going to wait until it is available at Costco, then i can get the good squaretrade warranty and just do the Edge thing at that time.
thanks everyone!
For the heck of it i stopped in at a store today. They told me i can only switch to edge/edge up when i am eligible for an upgrade? What is the point of edge then? Is it because it wasn't a corporate store? Or are they right? If that is the case eff vzw and i will just go monthly when my contract is up and buy a new phone outright.
flyboy1100 said:
For the heck of it i stopped in at a store today. They told me i can only switch to edge/edge up when i am eligible for an upgrade? What is the point of edge then? Is it because it wasn't a corporate store? Or are they right? If that is the case eff vzw and i will just go monthly when my contract is up and buy a new phone outright.
Click to expand...
Click to collapse
If you are on a subsidized plan (i.e. you paid $200 for the phone up front and nothing more) then you do have to either wait for your upgrade or an "Early Edge" promotion (thye had one for the Droid Turbo). The reason is you are "paying" for the phone over your contract. Depending on how far from your upgrade you are you might be able to convince someone at a corporate store.
Related
So i was planning on buying the S4 outright because I have another month before I can renew my contract, but I learned from a sprint employee there is a 100 fee I can pay to renew early, only thing is I have to trade my S3 in, no issue there, I get a hundred dollar credit for my S3 which takes care of that fee, so I get the phone for 250.
I work right next door to a radio shack, and unfortunately whenever I have a question these guys have NO idea.
I was really hoping I could do the same deal at radio shack, pay a fee to upgrade early.
Would anyone here know about that?
Call account services or go to a corporate store. After the process is completed you will be able go into radio shack, and handle your business as usual.
Sent from my SPH-L710 using XDA Premium HD app
You have to trade in your s3... no issues there. that is a HUGE ISSUE. s3's can go for $300-350 on craigslist or e-bay!
I was in the same situation like you. I'm about 4 months away from an upgrade. I chatted with sprint and they said the same thing you mentioned, that I have to pay $100 and do the buyback program from them (ripoff). So instead of a chat, I've always had luck with calling instead. They immediately transferred me to the correct department, they said I can play $100 for an early upgrade. A few hours later, every site i checked, i was eligible for an upgrade. You do not have to go through the buyback program!
pbrbent said:
So i was planning on buying the S4 outright because I have another month before I can renew my contract, but I learned from a sprint employee there is a 100 fee I can pay to renew early, only thing is I have to trade my S3 in, no issue there, I get a hundred dollar credit for my S3 which takes care of that fee, so I get the phone for 250.
I work right next door to a radio shack, and unfortunately whenever I have a question these guys have NO idea.
I was really hoping I could do the same deal at radio shack, pay a fee to upgrade early.
Would anyone here know about that?
Click to expand...
Click to collapse
lil4o8kid said:
You have to trade in your s3... no issues there. that is a HUGE ISSUE. s3's can go for $300-350 on craigslist or e-bay!
I was in the same situation like you. I'm about 4 months away from an upgrade. I chatted with sprint and they said the same thing you mentioned, that I have to pay $100 and do the buyback program from them (ripoff). So instead of a chat, I've always had luck with calling instead. They immediately transferred me to the correct department, they said I can play $100 for an early upgrade. A few hours later, every site i checked, i was eligible for an upgrade. You do not have to go through the buyback program!
Click to expand...
Click to collapse
Called. They charged the 100 to my account. And now I don't have to trade my phone in! Good enough for me!
Sent from my SPH-L710 using xda app-developers app
Yeah, I'm surprised Radioshack would do that. I was told by a Sprint rep that only a Corporate store would do it.
I personally took advantage of this and paid a hefty $275 fee for the early upgrade, but it's worth it because I won a gift card from my work that covered the costs.
BestBuy will give you 262$ for the s3
If you wanted to keep your SGS3, you can also put another device on that line and trade that one in. Obviously will not get as much for the SGS3, but you can keep that device or sell and get more. I put one of my dummy phones (old Evo Shift) on the line.
Sent from my SPH-L710 using Xparent Skyblue Tapatalk 2
i work for sprint and let me assure you you do not HAVE to do the buyback to use the "upgrade now" or "upgrade buyup" programs
So I'm a month away from an upgrade but I need a new phone. The chat people said I'm eligible for an early upgrade at the $150 for the SGS4. So I HAVE to trade a phone in and pay 100 bucks to get the early upgrade? I'm confused... I have the SGS2.
agentfazexx said:
So I'm a month away from an upgrade but I need a new phone. The chat people said I'm eligible for an early upgrade at the $150 for the SGS4. So I HAVE to trade a phone in and pay 100 bucks to get the early upgrade? I'm confused... I have the SGS2.
Click to expand...
Click to collapse
I'm surprised that they are going to give you the $150 price for the phone. I had to pay $250 for the phone + my early upgrade fee - E4GT trade in.
So basically I paid $250 (Phone) + $275 (early upgrade) - $75 (E4GT trade in) = $450
mjs2011 said:
I'm surprised that they are going to give you the $150 price for the phone. I had to pay $250 for the phone + my early upgrade fee - E4GT trade in.
So basically I paid $250 (Phone) + $275 (early upgrade) - $75 (E4GT trade in) = $450
Click to expand...
Click to collapse
The phone is $150 for a new/renewed contract.
agentfazexx said:
So I'm a month away from an upgrade but I need a new phone. The chat people said I'm eligible for an early upgrade at the $150 for the SGS4. So I HAVE to trade a phone in and pay 100 bucks to get the early upgrade? I'm confused... I have the SGS2.
Click to expand...
Click to collapse
If your only a month away, you should only have to pay 50$. also keep in mind it can take upwards of 24 hours to get the upgrade reset in the internal system so that stores and retailers can view and utilize it. an epic touch is currently worth 75$ in buyback value, although dont let them pressure you into thinking you HAVE to utilize the buyback program, because you dont.
hapticxchaos said:
If your only a month away, you should only have to pay 50$. also keep in mind it can take upwards of 24 hours to get the upgrade reset in the internal system so that stores and retailers can view and utilize it. an epic touch is currently worth 75$ in buyback value, although dont let them pressure you into thinking you HAVE to utilize the buyback program, because you dont.
Click to expand...
Click to collapse
50 bucks is fine. But my upgrade is on June 1. I won't do the buyback thing though, I'd rather keep my E4GT as a backup just in case... So you're confident that they'll give me an early upgrade with 50 or under as a fee aside from the phone? Don't want to waste my time going to the store.
agentfazexx said:
50 bucks is fine. But my upgrade is on June 1. I won't do the buyback thing though, I'd rather keep my E4GT as a backup just in case... So you're confident that they'll give me an early upgrade with 50 or under as a fee aside from the phone? Don't want to waste my time going to the store.
Click to expand...
Click to collapse
absolutely. i wouldnt even waste my time going to the store, just call care and get transferred to retentions (or google the retentions number) and mmmmmmmm it should be 50 in may 1st, they might leave you hangin since its still technically april....they are strict about the price, even by one day.
please keep in mind most if not all buyups get billed to the account, unless it sends you over your spending limit in which case they will either retract the offer or make you catch up first. so the only thing you have to put up is the price of the phone at upgrade price
---------- Post added at 05:49 AM ---------- Previous post was at 05:46 AM ----------
agentfazexx said:
So I'm a month away from an upgrade but I need a new phone. The chat people said I'm eligible for an early upgrade at the $150 for the SGS4. So I HAVE to trade a phone in and pay 100 bucks to get the early upgrade? I'm confused... I have the SGS2.
Click to expand...
Click to collapse
nope. i hate the way sprint advertises the 150$ thing, they make it seem like thats how much you spend on the phone, or how much you get off...when in most cases its less or barely more, and you get WAY more than 150$ off...
lemme assure you if you get your upgrade moved up (lets say 100$, it gets billed to the account) you will still be spending the 249.99$+tax to get the s4 (unless you utilize the buyback program which can eat SOME cost)
hapticxchaos said:
absolutely. i wouldnt even waste my time going to the store, just call care and get transferred to retentions (or google the retentions number) and mmmmmmmm it should be 50 in may 1st, they mleave you hangin since its still technically april....they are strict about the price, even by one day.
please keep in mind most if not all buyups get billed to the account, unless it sends you over your spending limit in which case they will either retract the offer or make you catch up first. so the only thing you have to put up is the price of the phone at upgrade price
---------- Post added at 05:49 AM ---------- Previous post was at 05:46 AM ----------
nope. i hate the way sprint advertises the 150$ thing, they make it seem like thats how much you spend on the phone, or how much you get off...when in most cases its less or barely more, and you get WAY more than 150$ off...
lemme assure you if you get your upgrade moved up (lets say 100$, it gets billed to the account) you will still be spending the 249.99$+tax to get the s4 (unless you utilize the buyback program which can eat SOME cost)
Click to expand...
Click to collapse
Now I'm even more confused... The lady on the Sprint live chat said I am eligible for early upgrade meaning I can get the phone at the $150 internet price. (All her words)
My spending limit is like $150 or something last I checked.
---------- Post added at 04:19 PM ---------- Previous post was at 04:11 PM ----------
Either way, I'm leaving work in five minutes and heading to the Sprint store. I will report my findings after that.
If the first says "no early upgrade" or "early upgrade with crazy fee" is it worth hitting up another store?
agentfazexx said:
Now I'm even more confused... The lady on the Sprint live chat said I am eligible for early upgrade meaning I can get the phone at the $150 internet price. (All her words)
My spending limit is like $150 or something last I checked.
---------- Post added at 04:19 PM ---------- Previous post was at 04:11 PM ----------
Either way, I'm leaving work in five minutes and heading to the Sprint store. I will report my findings after that.
If the first says "no early upgrade" or "early upgrade with crazy fee" is it worth hitting up another store?
Click to expand...
Click to collapse
The phone costs 249.99 $+tax +36 activation charge, with an upgrade or new line of service. If you are not currently upgrade eligible you can pay a small fee based on the length of remaining contract to get your device upgrade eligibility moved up. If you get this phone for 150 $ please let us know because ill take 10! Lol but in all seriousness I would wait the month to avoid the buyup unless you reeeeally need a new phone.
hapticxchaos said:
The phone costs 249.99 $+tax +36 activation charge, with an upgrade or new line of service. If you are not currently upgrade eligible you can pay a small fee based on the length of remaining contract to get your device upgrade eligibility moved up. If you get this phone for 150 $ please let us know because ill take 10! Lol but in all seriousness I would wait the month to avoid the buyup unless you reeeeally need a new phone.
Click to expand...
Click to collapse
I reeeally did need a new phone since the SGSII had some echoing issue and I am on call starting May 8th. Ended up being affordable enough for me.
Now that I have the S4, now what?
Got mine for $50
Sent from my SPH-L720 using xda app-developers app
There are two upgrade early options
In store= trade in your old phone and pay fee, also known as upgrade now. With this option the phone trade is required
Call Care=they bill a fee to your account. No phone trade required
Read about it on here, it is a different program.
Sent from my SPH-L900 using xda app-developers app
Why would wifi keep turning itself on after I turn it off on this phone?
Last night at 1am I did an upgrade, thought it was through jump but was just a regular upgrade. Now I have two EIP's which is fine the balance on the nexus 5 is low.
My concern is that the nexus 6 will mess up jump even though my line has jump coverage.
I need it for the insurance coverage. Rep said only way to do a real jump upgrade is to refuse the package and try again. Forgot to ask her about insurance.
Any one have any idea if I'll be covered?
lightsout said:
Last night at 1am I did an upgrade, thought it was through jump but was just a regular upgrade. Now I have two EIP's which is fine the balance on the nexus 5 is low.
My concern is that the nexus 6 will mess up jump even though my line has jump coverage.
I need it for the insurance coverage. Rep said only way to do a real jump upgrade is to refuse the package and try again. Forgot to ask her about insurance.
Any one have any idea if I'll be covered?
Click to expand...
Click to collapse
The EIP in Jump is tied to the phone, not the line. So if you did a regular upgrade, you might have a separate EIP that isn't part of Jump. I'd confirm with T-Mobile that you do have an EIP for your Nexus 6 and be sure to get the details of its coverage.
Typically when you do a Jump upgrade, you turn in the previous Jump device, which sounds like a Nexus 5 that you purchased from T-Mobile. When they accept your previous device any balance remaining to pay it off is cleared and you start over with your new Jump device. Doing Jump upgrades can't be done online, only in a T-Mobile store.
If your getting a N6 sent to you by T-Mobile, instead of refusing the package I'd talk to a manager at the T-Mobile store to see if you can "return it" and then rebuy it under your Jump upgrade. As difficult as it is to get this phone, go for the solution in which you get to keep it.
Sent from my MB Nexus 6 (64 GB)
GPS Ordered, 2-Day Shipping: 10/29, 13:29
Account Charged: 11/14
Shipping Notification: 11/18, 03:42
Device Received: 11/19, 14:59
All Times in EST
I had a similar issue.
I went to T-mobile yesterday to get the phone with my Jump upgrade. I wanted to put 100$ down on the phone. Originally he told me for whatever reason it wouldn't go thruogh even thoughI was paying for jump, I wasn't using it.
He said if I went the non jump route, they would give me the trade in value of my phone and I'd be responsible for the remaining EIP balance, and then the balance of the nexus 6 as well. I can't remember if I had to put money down on the nexus through this route or if it was still 0$ down.
My issue ended up being resolved because of something else, but it looks like you get more for your phone through the jump program. They pay off the balance, where as with a non-jump upgrade you only get the trade in value of your phone, not necessarily how much you still owe on it.
Without jump my Note 3 was $260 trade in. With Jump it was was remaining balance on my EIP account $350
Its possible you would have to put some money down on the phone if you go the non jump route. .. Not sure if they do financing for that method.
Hope that makes sense. Hope I helped
Thanks guys, indeed I do have two EIP's now. I put down $60 and am now paying monthly for my old nexus 5 and the new 6. If the only difference is the trade in on my phone thats fine. Because I don't owe much. But I'm pretty sure jump is also how tmobile handles insurance on the phones. I'll have to call them back today and clarify.
soljaofjesus said:
I had a similar issue.
I went to T-mobile yesterday to get the phone with my Jump upgrade. I wanted to put 100$ down on the phone. Originally he told me for whatever reason it wouldn't go thruogh even thoughI was paying for jump, I wasn't using it.
He said if I went the non jump route, they would give me the trade in value of my phone and I'd be responsible for the remaining EIP balance, and then the balance of the nexus 6 as well. I can't remember if I had to put money down on the nexus through this route or if it was still 0$ down.
My issue ended up being resolved because of something else, but it looks like you get more for your phone through the jump program. They pay off the balance, where as with a non-jump upgrade you only get the trade in value of your phone, not necessarily how much you still owe on it.
Without jump my Note 3 was $260 trade in. With Jump it was was remaining balance on my EIP account $350
Its possible you would have to put some money down on the phone if you go the non jump route. .. Not sure if they do financing for that methodHope that makes sense. Hope I helped
Click to expand...
Click to collapse
Yes, that's how T-Mobile handles their subscribers now. Since they "did away" with Service Contracts, they allow subscribers to purchase phones and pay for them over a 2-year period. Once the device is paid off, it's your to do what you wish. To clarify, you can leave T-Mobile whenever you'd like, but you'd have to pay the balance for the device. You also don't have to wait 2 years to pay off the phone, you can do it from day one, in a week, or a year. The key to understand is that once that it's paid off, the device is yours and the carrier is suppsoed to provide you with a Network Unlock PIN (doesn't apply to Nexus/GPE devices; only carrier locked).
lightsout said:
Thanks guys, indeed I do have two EIP's now. I put down $60 and am now paying monthly for my old nexus 5 and the new 6. If the only difference is the trade in on my phone thats fine. Because I don't owe much. But I'm pretty sure jump is also how tmobile handles insurance on the phones. I'll have to call them back today and clarify.
Click to expand...
Click to collapse
Yes. From T-Mobile's Jump FAQ
JUMP! includes Premium Handset Protection (PHP), which covers accidental damage, mechanical breakdown, loss, and theft, and provides a replacement phone up to two times in twelve months after the deductible or any processing fees are paid. If a device is damaged and does not pass the 3-point inspection at trade in, you must file a claim for the damaged device through PHP and pay the deductible or any processing fee to replace it before a trade-in for an upgrade can be initiated. However, this can be handled in one visit to a participating T-Mobile store. If you want to file a PHP claim but not process an upgrade, you can call the vendor directly without a store visit.
Click to expand...
Click to collapse
So I spoke with T-Mobile and they said insurance will be covered just as it would have if I did a jump order.
Only difference being I don't get to trade in my phone to get rid of the previous EIP.
So I'm good to go thanks folks.
Hello everyone, I just switched to tmobile from sprint and I had the jump plan. I will like to root my phone and install some custom roms. But, Idk if I root my phone will void my jump plan. If anyone has the please do not hesitate to reply my question. Thanx for reading
Sent from my SM-N910T using XDA Free mobile app
johnson114 said:
Hello everyone, I just switched to tmobile from sprint and I had the jump plan. I will like to root my phone and install some custom roms. But, Idk if I root my phone will void my jump plan. If anyone has the please do not hesitate to reply my question. Thanx for reading
Sent from my SM-N910T using XDA Free mobile app
Click to expand...
Click to collapse
I've had T Mobile for about 3 years now and ive traded in 3 or 4 of my past phones, all rooted.
I traded my S3, S4, Note 3, Nexus 5 all rooted.
Just make sure before you turn it in, it's back to factory settings (i.e. Odin a stock Firmware.)
Of course the Knox will still be tripped, but T Mobile doesnt care about that, more of a Samsung Warranty issue rather than T Mobile.
Sent from my SM-N910T using XDA Premium 4 mobile app
Thank you @devynbf for your info. I'll go ahead and root my phone.
Sent from my SM-N910T using XDA Free mobile app
OP can you tell me what value you see in Tmobile's JUMP?
Since you're ready talking about trading in your Note 4 it's safe to assume 6 months or 1 year from now you're willing to let it go at half the cost? Half the cost of today's current Tmobile price is $349.
A mint condition Note 3 on ebay or craigslist will sell for that much.
Hence the question what's the value in Jump? Why would I wanna pay someone 10 dollars a month for the benefit of selling my device at half the cost? I think I can do better myself without a monthly fee
T Mobile employee here, rooting your phone will not trigger anything for a tmobile employee while they inspect your phones, the main thing we look for is water damage, screen, and it turns on and runs. Anything outside of that we will pretty much ask you to make an insurance claim and pay the 175 dollar deductible.
---------- Post added at 05:24 PM ---------- Previous post was at 05:24 PM ----------
Keep in mind tho, when we mess up, and accept a device that needed a claim, the price of the device comes out of our pockets. Yes it sucks.
Depends on jump program
BAD ASS NOTE 4 & GEAR S
shook187 said:
OP can you tell me what value you see in Tmobile's JUMP?
Since you're ready talking about trading in your Note 4 it's safe to assume 6 months or 1 year from now you're willing to let it go at half the cost? Half the cost of today's current Tmobile price is $349.
A mint condition Note 3 on ebay or craigslist will sell for that much.
Hence the question what's the value in Jump? Why would I wanna pay someone 10 dollars a month for the benefit of selling my device at half the cost? I think I can do better myself without a monthly fee
Click to expand...
Click to collapse
I have the very first jump program.
It's amazing.
It's $10/month, and it counts as insurance if ny device decides to fall in the toilet.
It also lets me upgrade my device every 6 months. As long as you trade in the original device and its functional.
Best thing T Mobile has ever done, especially with all the new devices being released.
Sent from my SM-N910T using XDA Premium 4 mobile app
devynbf said:
I have the very first jump program.
Click to expand...
Click to collapse
My question obviously wasn't directed towards those on JUMP 1
shook187 said:
OP can you tell me what value you see in Tmobile's JUMP?
Since you're ready talking about trading in your Note 4 it's safe to assume 6 months or 1 year from now you're willing to let it go at half the cost? Half the cost of today's current Tmobile price is $349.
A mint condition Note 3 on ebay or craigslist will sell for that much.
Hence the question what's the value in Jump? Why would I wanna pay someone 10 dollars a month for the benefit of selling my device at half the cost? I think I can do better myself without a monthly fee
Click to expand...
Click to collapse
I'm assuming since he just switched over that he's on the new JUMP plan. By the time you've paid off 50% of the device on that plan you're 12 payments in. After 1 year I'm not sure if you'd be able to sell the device for more than $325.92 (half of retail) unless it's in 100% mint condition. (I could be wrong). As an example Swappa says the Note 3 is selling for an average price of $335 right now in February 15. I guess it's really a wash. I don't use a case on my devices and they typically get pretty beat up. T-Mobile will take it back all scratched up and beat up looking as long as the screen is not cracked and the water indicator isn't tripped.. You're going to be getting around the same price as trying to sell it online without having to deal with the hassle and shipping issues.
I'm on the old JUMP plan so it definitely makes sense for me. As long as you purchase the phone with 0 down, you're just paying up front taxes and 6 months worth of payments. At $27.16 for 6 months my total investment is $52.14 front tax plus $162.96 equals $215.10. So I'm only paying $430 per year and getting a brand new device every 6 months. I don't count the cost of the monthly JUMP since I would be paying for insurance anyway. T-Mobile is paying $488.88 for my device after owning it for only 6 months. I'm okay with that. You won't get that much selling online after 6 months for a used device that's scratched up.
Scartaris12 said:
I'm assuming since he just switched over that he's on the new JUMP plan. By the time you've paid off 50% of the device on that plan you're 12 payments in. After 1 year I'm not sure if you'd be able to sell the device for more than $325.92 (half of retail) unless it's in 100% mint condition. (I could be wrong). As an example Swappa says the Note 3 is selling for an average price of $335 right now in February 15. I guess it's really a wash. I don't use a case on my devices and they typically get pretty beat up. T-Mobile will take it back all scratched up and beat up looking as long as the screen is not cracked and the water indicator isn't tripped.. You're going to be getting around the same price as trying to sell it online without having to deal with the hassle and shipping issues.
I'm on the old JUMP plan so it definitely makes sense for me. As long as you purchase the phone with 0 down, you're just paying up front taxes and 6 months worth of payments. At $27.16 for 6 months my total investment is $52.14 front tax plus $162.96 equals $215.10. So I'm only paying $430 per year and getting a brand new device every 6 months. I don't count the cost of the monthly JUMP since I would be paying for insurance anyway. T-Mobile is paying $488.88 for my device after owning it for only 6 months. I'm okay with that. You won't get that much selling online after 6 months for a used device that's scratched up.
Click to expand...
Click to collapse
Technically they are not paying anything... They have a different math than us "consumers' ... any new device comes out from the factory cost no more than $150 if not less "Google it". Plus when your return the phone they sell it somehow and make money from it. So these companies making billions of dollars anyways from us. But in our math yeah it's good to change the phone every 6 month and so on and we only pay around $250
Hey all,
I went out and got the at&t s6 yesterday and I hopped onto my wife's family plan. While there, they were successful in convincing me the AT&T Next payment plan is the way to go, compared to a 2 year contract.
Next: $23 monthly for phone, $15 monthly for service charge, $40 up front payment for tax.
2 year contract: $200 for phone, $40 monthly for 2 year contract, $40 one time initiation fee.
Doing the math in store convinced me that after 2 years is done in both situations, the Next plan was cheaper. However, I remember reading in the past that monthly payment plans are for suckers. Any ideas?
It's about convenience in my opinion. Not everyone has 684-784 for a new S6. $37/mo is a reasonable and usually unnoticeable. I also think you forgot to mention the $15 monthly smartphone service charge is $40 if you're on contract. It's a minute difference if any. The only way you got hosed is the locked bootloader. But this phone is golden. I don't miss root at all
eddiekang said:
Hey all,
I went out and got the at&t s6 yesterday and I hopped onto my wife's family plan. While there, they were successful in convincing me the AT&T Next payment plan is the way to go, compared to a 2 year contract.
Next: $23 monthly for phone, $15 monthly for service charge, $40 up front payment for tax.
2 year contract: $200 for phone, $40 monthly for 2 year contract, $40 one time initiation fee.
Doing the math in store convinced me that after 2 years is done in both situations, the Next plan was cheaper. However, I remember reading in the past that monthly payment plans are for suckers. Any ideas?
Click to expand...
Click to collapse
It really depends on how long you keep your phones or if you want to be able to upgrade very often. If you keep your phone for more then 2 years then yes next is cheaper because once you pay it off then you will continue to pay $15/month instead of the $40/month if you signed a 2 year contract.
If you want to upgrade quicker then you need to choose the more expensive next plan so you can upgrade sooner.
eddiekang said:
Hey all,
I went out and got the at&t s6 yesterday and I hopped onto my wife's family plan. While there, they were successful in convincing me the AT&T Next payment plan is the way to go, compared to a 2 year contract.
Next: $23 monthly for phone, $15 monthly for service charge, $40 up front payment for tax.
2 year contract: $200 for phone, $40 monthly for 2 year contract, $40 one time initiation fee.
Doing the math in store convinced me that after 2 years is done in both situations, the Next plan was cheaper. However, I remember reading in the past that monthly payment plans are for suckers. Any ideas?
Click to expand...
Click to collapse
When I calculated it out, you end up paying more for the phone when you switch to the Next plan, which is why they are trying to get people to switch.
I've dealt with them with this and they do everything they can to make it seem cheaper, but I don't buy it.
---------- Post added at 01:22 PM ---------- Previous post was at 01:20 PM ----------
xeni said:
It really depends on how long you keep your phones or if you want to be able to upgrade very often. If you keep your phone for more then 2 years then yes next is cheaper because once you pay it off then you will continue to pay $15/month instead of the $40/month if you signed a 2 year contract.
If you want to upgrade quicker then you need to choose the more expensive next plan so you can upgrade sooner.
Click to expand...
Click to collapse
I don't think you ever pay the phone off, you just pay the monthly fee, until you hit the minimum amount to upgrade. However, it divides the full price of the phone over 30 months.
Also, you have to make sure the phone is perfect when you go to trade it in or else you will run into issues with them accepting the phone as part of your upgrade...
Edit: I read up a little bit more on it, they are offering discounts on data plans depending on if you have Next or not. I can see this maybe factoring into the pricing. I haven't priced it out since the first time I got asked to switch to a Next plan. The real advantage from the program is not being tied down to a 2 year contract.
Do you mind explaining the calculation? For me, it's
Next 30: 24 x 23 = 552 for the phone
15 x 24 = 360 service fee
~40 up front tax for the phone. Total after 24 months= 952
If i want to buy the phone outright after 24 months, i pay the difference on the phone which at that point would be 680-552 = 128.
952 + 128 = 1080 total after 2 years and i own the phone.
2 year contract: 40 x 24 = 960 monthly service fee
40 initiation fee + 200 subsidized phone cost= 240
960 + 240 = 1200 total after 2 years and i own the phone.
(This doesn't even include taxes throughout 2 years.)
What am I missing? Thanks for your replies.
yoman258 said:
When I calculated it out, you end up paying more for the phone when you switch to the Next plan, which is why they are trying to get people to switch.
I've dealt with them with this and they do everything they can to make it seem cheaper, but I don't buy it.
---------- Post added at 01:22 PM ---------- Previous post was at 01:20 PM ----------
I don't think you ever pay the phone off, you just pay the monthly fee, until you hit the minimum amount to upgrade. However, it divides the full price of the phone over 30 months.
Also, you have to make sure the phone is perfect when you go to trade it in or else you will run into issues with them accepting the phone as part of your upgrade...
Click to expand...
Click to collapse
yoman258 said:
When I calculated it out, you end up paying more for the phone when you switch to the Next plan, which is why they are trying to get people to switch.
I've dealt with them with this and they do everything they can to make it seem cheaper, but I don't buy it.
---------- Post added at 01:22 PM ---------- Previous post was at 01:20 PM ----------
I don't think you ever pay the phone off, you just pay the monthly fee, until you hit the minimum amount to upgrade. However, it divides the full price of the phone over 30 months.
Also, you have to make sure the phone is perfect when you go to trade it in or else you will run into issues with them accepting the phone as part of your upgrade...
Click to expand...
Click to collapse
Like I said it really depends on what you want to do. I just got he Galaxy S6 (after upgrading from my M8 AT&T Next 12 and buying off the phone so I can resell it) on the AT&T next plan and this is how it works out, just like it did with the M8.
1. Instead of paying $40 a month per line I pay $15 so I save $25 on the monthly service plan.
2. If I choose the AT&T Next 12 (20 Payments of 34.25 = 685 + tax), I can make 12 payments and then upgrade after 12 payments and get a new phone and start a new payment plan depending on how much the phone is. Or I can choose to make the full 20 payments and keep the phone and maintain the $15/month line charge. Or I can pay off the entire phone at anytime and keep the $15/month charge.
3. If you buy this on contract it works out like this. 24 x $40 = $960 + 200 = $1160, and you continue to pay $40 a month after the 2 years.
4. If you buy this on AT&T Next 18 which allows you to pay it off over 2 years just like the contract term then it works out like this. 24 x $28.55 = 685.2+tax ~ 740 or so + 15/month x 24 = $1100, however after the 2 years are up you continue to pay $15/month and not $40 a month so if you keep your phone past the 2 year mark you are saving $25/month where as with the contract you wouldn't be.
eddiekang said:
Do you mind explaining the calculation? For me, it's
Next 30: 24 x 23 = 552 for the phone
15 x 24 = 360 service fee
~40 up front tax for the phone. Total after 24 months= 952
If i want to buy the phone outright after 24 months, i pay the difference on the phone which at that point would be 680-552 = 128.
952 + 128 = 1080 total after 2 years and i own the phone.
2 year contract: 40 x 24 = 960 monthly service fee
40 initiation fee + 200 subsidized phone cost= 240
960 + 240 = 1200 total after 2 years and i own the phone.
(This doesn't even include taxes throughout 2 years.)
What am I missing? Thanks for your replies.
Click to expand...
Click to collapse
You've hit the nail on the head. AT&T Next/Verizon Edge are legit. It's a reorganizing of costs. Instead of getting the phone at a massive discount and paying a higher amount on your bill, you are now paying more for the phone with monthly installments added to your bill in order to earn/retain a billing discount. If you calculate almost any phone with a 10gb or higher data plan, NEXT will save a minimum $140 every time.
Sent from my SAMSUNG-SM-N910A using Tapatalk
If you're on a mobile share plan, it definitely works out in your favor to use Next. Otherwise you're paying a premium for the service itself. I think it's compelling that once you've made your payments, your monthly bill goes down, whereas on 2 year, if you decide to hang on to your phone longer, you're paying to keep your device.
Next is cheaper for those that like to get their phones at launch price. If you wait for one of Amazon's $1 deals or Bestbuy deals, then the contract way is not so bad due to less money up front.
I've been trying to figure this out myself. They already signed me for the Next24, but I'm still within the time period to make a change. I'm not sure if the cost/benefit ratio works for me in my circumstances. Perhaps one of you guys that understands the voodoo can help me figure it out.
Let's take the 1G plan as an example. First, I'm going to examine the costs, then I want to ask for your help to understand the mechanics of the Next plan.
NOTE: Because of the different tie periods between the two plans, I adjusted the 2 year plan for another six months of cost to more accurately compare.
Next:
$25 - 1g Data
$40 - Voice
-$15 Discount
$50/month
$23.64 Phone Finance
= $2209 total ($1500 service plan cost for 30 months + $709.20 in phone payments)
2 Year Contract
$25 - 1g Data
$40 - Voice
$200 Phone
= $2190 total ($1950 in service plan costs for 30 months + $200 phone cost + $40 renewal/upgrade fee
There seems to be only about $20 difference between the two. What matters to me is what happens in the event I want to upgrade next April to a new phone with the Next plan, or what happens at the end of my Next contract.
Upgrade: My understanding is that in the event I want to upgrade to a newer phone in a year, I pay off the phone balance, turn in the phone and presuming it's in good condition, I get the latest-and-greatest. I can only do this once in any given Next plan, but if I do, there's a question about who owns the phone (see below).
Contract End: Who owns the phone? In the case of the traditional 2-year contract, I know that the phone is mine. But under the Next plan, if I get to the end of the 30 month period and have paid off the phone (whether I've upgraded or not), is it mine to keep or do I have to turn it in?
Once you make all the payment, the phone is yours. If you upgrade early without paying it off, they get the phone back as a trade in. You have to make a minimum number of payments before you can upgrade which I believe is based on which next program you choose. Course after you've had it a while you could then pay it off and upgrade. Would be better than paying all up front.
BillTheCat said:
I've been trying to figure this out myself. They already signed me for the Next24, but I'm still within the time period to make a change. I'm not sure if the cost/benefit ratio works for me in my circumstances. Perhaps one of you guys that understands the voodoo can help me figure it out.
Let's take the 1G plan as an example. First, I'm going to examine the costs, then I want to ask for your help to understand the mechanics of the Next plan.
NOTE: Because of the different tie periods between the two plans, I adjusted the 2 year plan for another six months of cost to more accurately compare.
Next:
$25 - 1g Data
$40 - Voice
-$15 Discount
$50/month
$23.64 Phone Finance
= $2209 total ($1500 service plan cost for 30 months + $709.20 in phone payments)
2 Year Contract
$25 - 1g Data
$40 - Voice
$200 Phone
= $2190 total ($1950 in service plan costs for 30 months + $200 phone cost + $40 renewal/upgrade fee
There seems to be only about $20 difference between the two. What matters to me is what happens in the event I want to upgrade next April to a new phone with the Next plan, or what happens at the end of my Next contract.
Upgrade: My understanding is that in the event I want to upgrade to a newer phone in a year, I pay off the phone balance, turn in the phone and presuming it's in good condition, I get the latest-and-greatest. I can only do this once in any given Next plan, but if I do, there's a question about who owns the phone (see below).
Contract End: Who owns the phone? In the case of the traditional 2-year contract, I know that the phone is mine. But under the Next plan, if I get to the end of the 30 month period and have paid off the phone (whether I've upgraded or not), is it mine to keep or do I have to turn it in?
Click to expand...
Click to collapse
beaverslayer said:
Once you make all the payment, the phone is yours. If you upgrade early without paying it off, they get the phone back as a trade in. You have to make a minimum number of payments before you can upgrade which I believe is based on which next program you choose. Course after you've had it a while you could then pay it off and upgrade. Would be better than paying all up front.
Click to expand...
Click to collapse
OK, so let's say I qualify for an upgrade at 12 months. If I upgrade to a new phone, I pay off the remaining balance, turn in the old phone (let's use the S6 as an example) and get a new phone to replace it, say it'll be the S7. Do I have to begin making payments on the new phone, or is it mine to keep?
BillTheCat said:
OK, so let's say I qualify for an upgrade at 12 months. If I upgrade to a new phone, I pay off the remaining balance, turn in the old phone (let's use the S6 as an example) and get a new phone to replace it, say it'll be the S7. Do I have to begin making payments on the new phone, or is it mine to keep?
Click to expand...
Click to collapse
Let's say you get the AT&T Next 12 which is 20 payments at $34.25 for the Galaxy S6. After 12 payments you can give back the S6 and get the S7 and the payments start over depending on which phone you pack along with which Next plan. If you keep the phone for the full 20 payments the phone becomes yours and you can keep it. Let's say you want to upgrade your phone after 10 payments (12 is minimum), then you would have to pay an additional 20 payments at 34.25 before you can upgrade your phone and give back the S6.
xeni said:
Let's say you get the AT&T Next 12 which is 20 payments at $34.25 for the Galaxy S6. After 12 payments you can give back the S6 and get the S7 and the payments start over depending on which phone you pack along with which Next plan. If you keep the phone for the full 20 payments the phone becomes yours and you can keep it. Let's say you want to upgrade your phone after 10 payments (12 is minimum), then you would have to pay an additional 20 payments at 34.25 before you can upgrade your phone and give back the S6.
Click to expand...
Click to collapse
Alright, let's go with your scenario because I still have a week to change my mind.
What I hear you saying is that if I were to go with the Next 12 plan and upgrade at one year, it will look like this for an (imaginary) S7, presuming it will be the same price as this year's phone:
$411 for the S6 phone RENTAL FEE over the course of a year (because I'd be turning in the phone)
+ $685 for the cost of the S7 which would require a NEW F'n CONTRACT that resets all over for another 20 months of payments
= 1096 for a next generation phone that would retail for $685 on a straight purchase by the end of year two
I see no reason why anyone would want to bother. It would make more sense to just buy the phone outright from Amazon at a discount (because AT&T charges more - this is the only business I can think of where the retailers charge more than the manufacturer!) and keep the old phone as a backup or sell it on Ebay.
Do I have it right?
BillTheCat said:
Alright, let's go with your scenario because I still have a week to change my mind.
What I hear you saying is that if I were to go with the Next 12 plan and upgrade at one year, it will look like this for an (imaginary) S7, presuming it will be the same price as this year's phone:
$411 for the phone RENTAL FEE over the course of a year (because I'd be turning in the phone)
+ $685 for the cost of the S7 which would require a NEW F'n CONTRACT that resets all over for another 20 months of payments
= 1096 for a next generation phone that would retail for $685 on a straight purchase by the end of year two
I see no reason why anyone would want to bother. It would make more sense to just buy the phone outright from Amazon at a discount (because AT&T charges more - this is the only business I can think of where the retailers charge more than the manufacturer!) and keep the old phone as a backup or sell it on Ebay.
Do I have it right?
Click to expand...
Click to collapse
If you buy out the phone today at $685 and then buy the S7 at $685 (presuming the price stays the same) then you are paying $1470 over the course of 1 year and you would be owning both handsets outright. When you make 12 payments at 34.25 and you want to upgrade you have the option of paying off the remainder of the loan (8 payments at 34.25) and keeping the phone so you are back at $1470.
Also good luck finding the phone on sale on Amazon for the forseable future and remember the more you wait the less months you have until S7 comes out. So if you wait until July for an S6 sale on Amazon you are now 3-4 months back and the phone is 3-4 months old meaning that you are $105-140 back on payments so technically the phone is only worth $545-580.
Either way you look at it, you are paying for the phone full price, whether you are buying it outright today or paying it off over 20 months (unless you give it back after 12 months and get a new phone and start a new payment plan).
BillTheCat said:
Alright, let's go with your scenario because I still have a week to change my mind.
What I hear you saying is that if I were to go with the Next 12 plan and upgrade at one year, it will look like this for an (imaginary) S7, presuming it will be the same price as this year's phone:
$411 for the S6 phone RENTAL FEE over the course of a year (because I'd be turning in the phone)
+ $685 for the cost of the S7 which would require a NEW F'n CONTRACT that resets all over for another 20 months of payments
= 1096 for a next generation phone that would retail for $685 on a straight purchase by the end of year two
I see no reason why anyone would want to bother. It would make more sense to just buy the phone outright from Amazon at a discount (because AT&T charges more - this is the only business I can think of where the retailers charge more than the manufacturer!) and keep the old phone as a backup or sell it on Ebay.
Do I have it right?
Click to expand...
Click to collapse
You are getting what you are paying for. You are buying on a payment plan. You wouldn't go out and buy a new car this year with 60 months of payment ahead of you and trade it in after one year and not expect to loose money in the deal now would you. You are making the decision to trade it in before it's paid for, not AT&T.
---------- Post added at 05:42 PM ---------- Previous post was at 05:39 PM ----------
I've always heard the cheapest way to get a phone ls to sign a 2 year contract then go home and call AT&T and say you want to do an early termination which cost roughly $350, which means you at out about $550 and get to keep the phone.
beaverslayer said:
Once you make all the payment, the phone is yours. If you upgrade early without paying it off, they get the phone back as a trade in. You have to make a minimum number of payments before you can upgrade which I believe is based on which next program you choose. Course after you've had it a while you could then pay it off and upgrade. Would be better than paying all up front.
Click to expand...
Click to collapse
I'm thinking that's what I'll do. I guess I'll ride it out and see what the landscape looks like next year.
xeni said:
If you buy out the phone today at $685 and then buy the S7 at $685 (presuming the price stays the same) then you are paying $1470 over the course of 1 year and you would be owning both handsets outright. When you make 12 payments at 34.25 and you want to upgrade you have the option of paying off the remainder of the loan (8 payments at 34.25) and keeping the phone so you are back at $1470.
Either way you look at it, you are paying for the phone full price, whether you are buying it outright today or paying it off over 20 months (unless you give it back after 12 months and get a new phone and start a new payment plan).
Click to expand...
Click to collapse
I guess it just seems that $411 for one year's use seems a tad steep considering for a couple hundred more, you can use it forever. Though there is the benefit of the lower pricing on the Next plan compared to the 2 year contract.
beaverslayer said:
You are getting what you are paying for. You are buying on a payment plan. You wouldn't go out and buy a new car this year with 60 months of payment ahead of you and trade it in after one year and not expect to loose money in the deal now would you. You are making the decision to trade it in before it's paid for, not AT&T.
---------- Post added at 05:42 PM ---------- Previous post was at 05:39 PM ----------
I've always heard the cheapest way to get a phone ls to sign a 2 year contract then go home and call AT&T and say you want to do an early termination which cost roughly $350, which means you at out about $550 and get to keep the phone.
Click to expand...
Click to collapse
An interesting strategy. I might consider it, but it seems 'dishonest' in some strange way. And I'm sure there will be repurcussions, I wonder what the chance of getting a new plan might be after cancelling another one.
BillTheCat said:
I'm thinking that's what I'll do. I guess I'll ride it out and see what the landscape looks like next year.
I guess it just seems that $411 for one year's use seems a tad steep considering for a couple hundred more, you can use it forever.
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You can buy it out for the remainder of the balance, you don't have to give it back if you pay it off. After 12 months you have a few choice, either give it back and get a new one, buy out the remainder of the balance or continue your payments until you have it completely paid off and it is yours to keep.
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BillTheCat said:
I'm thinking that's what I'll do. I guess I'll ride it out and see what the landscape looks like next year.
I guess it just seems that $411 for one year's use seems a tad steep considering for a couple hundred more, you can use it forever. Though there is the benefit of the lower pricing on the Next plan compared to the 2 year contract.
An interesting strategy. I might consider it, but it seems 'dishonest' in some strange way. And I'm sure there will be repurcussions, I wonder what the chance of getting a new plan might be after cancelling another one.
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Not dishonest at all. That's a reason they have ETF. You won't need a new contract. You shouldn't want one either. You'll be paying for the service month to month as people do when their contracts expire.
It's actually brilliant and I'm an idiot for not thinking of it myself
DigitalUnderground said:
Not dishonest at all. That's a reason they have ETF. You won't need a new contract. You shouldn't want one either. You'll be paying for the service month to month as people do when their contracts expire.
It's actually brilliant and I'm an idiot for not thinking of it myself
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I would worry that they might not start new service with you if you were to cancel, even if you did pay the ETF.
I suppose I could just change my Next 24 plan to a Next 12, accelerating the payments, pay the 'balloon' at a year to own the phone, and see what things look like at that point. It seems there's no point in buying the phone from the carrier anymore.
Walked into tmobile so I could take a glance at the note 5 and s6+ ( not impressed at all) and blah blah blah ended up talking to a sales person about jump and how it works. I was in a hurry, but she didn't explain the 2 different types very well. I know I'm on the first one where I pay 10$ a month but she mentioned something about them paying off the rest of the phone for me.. but she also threw out there something about them only paying for half of what I owe.. just hoping someone can clear it up. From what I read jump on demand is a leasing type deal. Anyway thanks in advance! !
Have no clue they where charging me $440+ had to return my beloved note 4. At this very moment I'm saying heck know. It's nice device but I'm not paying that much again for a phone with minor improvements. Yes I said "minor" kill me people. The motox pure would probably cost the same UNLOCKED with all the custom things I want on it. And I keep my note 4? Hmmm does sound better
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I mean, what do you want to know? They're both pretty easy to figure out.
The standard jump plan you pay $10/mo and get the jump plan and insurance. you pay monthly for 24 months on the full price of the device. In CA and some other places, you pay sales tax on the full price of the phone up front. You either have to wait until your phone is 50% paid off to trade it in (new jump plan) or can trade it in every 6 months regardless of amount owed on the phone (original jump plan), depending on when you signed up for the jump plan. I have 2 lines on the original plan.
The lease, you pay a monthly price as stated, and as most all leasing goes, that price is for a portion of the price of the phone. The lease term is 18 months. At the end of 18 months, you either have to pay the remainder of the price of the phone(and keep the phone, and I have no idea how sales tax would work at that point, but have no intentions on finding out), or trade it in for another lease. In CA, you DO NOT pay any sales tax up front to get your device. You can trade it in 3x per 18 months.
I have my daughter on the iPhone 6 lease, we pay $12/mo due to the $60 some odd down payment we had to give them.. My credit isn't terrible, I'm not sure how they figured the down payment.
Clear as mud?