Related
Can I simply sign up for the cheapest contract, get the phone at a discounted rate, pay the ETF right after, and walk away with a discounted phone?
I'm 6 months away from ending my contract, and my current phone has been really messing up a lot lately. I'm really strapped for cash at the moment, and I really can't wait 6 months for a new phone. I could buy a phone on Ebay, but a few years ago I got ripped off on there, so I would rather leave that as a last resort.
The phone is $600 brand new from my carrier. I really can't pay that for a phone at the moment. Signing a 2 year and getting it online would cost under $100 including activation fee. That's without any rebates. Just immediate discounts I believe. Plan is $60. ETF is $200. That's about $400 total with room for any taxes once I cancel. On ebay it's about $400-$500 new.
Could I do this instead of paying the $600 full price? Or am I missing something?
toiletsss said:
Can I simply sign up for the cheapest contract, get the phone at a discounted rate, pay the ETF right after, and walk away with a discounted phone?
I'm 6 months away from ending my contract, and my current phone has been really messing up a lot lately. I'm really strapped for cash at the moment, and I really can't wait 6 months for a new phone. I could buy a phone on Ebay, but a few years ago I got ripped off on there, so I would rather leave that as a last resort.
The phone is $600 brand new from my carrier. I really can't pay that for a phone at the moment. Signing a 2 year and getting it online would cost under $100 including activation fee. That's without any rebates. Just immediate discounts I believe. Plan is $60. ETF is $200. That's about $400 total with room for any taxes once I cancel. On ebay it's about $400-$500 new.
Could I do this instead of paying the $600 full price? Or am I missing something?
Click to expand...
Click to collapse
You're missing the fact that your phone will still be network locked,whereas buying it from the MANUFACTURER and it's dealers gets you an unlocked sim,and such phones maintain value longer
Also the carrier has a right to charge you full price if you cancel service in under 30 days and don't return equipment.
Sent from my U8150 using XDA
Allanitomwesh said:
You're missing the fact that your phone will still be network locked,whereas buying it from the MANUFACTURER and it's dealers gets you an unlocked sim,and such phones maintain value longer
Also the carrier has a right to charge you full price if you cancel service in under 30 days and don't return equipment.
Sent from my U8150 using XDA
Click to expand...
Click to collapse
I'll be on the same network though, so that shouldn't be a problem right? I also don't mind paying an extra month. That would be about $450 total. I just don't want to be paying $600.
toiletsss said:
I'll be on the same network though, so that shouldn't be a problem right? I also don't mind paying an extra month. That would be about $450 total. I just don't want to be paying $600.
Click to expand...
Click to collapse
The savings won't be worth the hassle. I'm predicting more like $500 if you do it like you say.
But then,I'd advice you to read through your networks return policy, especially through the fine print. Like AT&T I know won't return your security deposit,another charge.
Sent from my U8150 using XDA
You are really strapped for cash, yet your require a $600 phone? I think you should get your priorities in order before trying to get over on your carrier.
lowandbehold said:
You are really strapped for cash, yet your require a $600 phone?
Click to expand...
Click to collapse
Yes. When your phone is the one tool you depend on for most of the day, and considering the price trends on phones, it's worth the investment. In any case, I didn't come here for opinions on my personal finance.
toiletsss said:
Yes. When your phone is the one tool you depend on for most of the day, and considering the price trends on phones, it's worth the investment. In any case, I didn't come here for opinions on my personal finance.
Click to expand...
Click to collapse
Before you kill each other,he does have a valid point. Why not buy a phone in your price range,or save for the 60 days you'd have to endure in your current plan?
Sent from my U8150 using XDA
Allanitomwesh said:
Before you kill each other,he does have a valid point. Why not buy a phone in your price range,or save for the 60 days you'd have to endure in your current plan?
Sent from my U8150 using XDA
Click to expand...
Click to collapse
I have 6 months left? Not 60 days. And because I've set aside money specifically for this purpose. Non-contracted phones in the $100 range are obsolete, and I'd end up spending more money anyways. I know what I'm doing with my money. I didn't come here looking for the Suze Orman of smartphones.
toiletsss said:
Yes. When your phone is the one tool you depend on for most of the day, and considering the price trends on phones, it's worth the investment. In any case, I didn't come here for opinions on my personal finance.
Click to expand...
Click to collapse
Actually, considering the price trends on phones, you are way off. If you are really strapped for cash, but can pull enough together for a phone, I would suggest a Galaxy Nexus. You can pick one up for $350 brand new, even less used. It will easily be good for another 2 years, and you can get yourself on prepaid when your contract ends and save a ton per month.
When you say $600 I am assuming you are planning on getting the GSIII. Not worth it in my opinion. Best thing out right now? Probably. A major upgrade from a GSII or Nexus? Nope. With technology how it is right now..the latest and greatest isn't going to be that much greater than the other options.
---------- Post added at 08:48 AM ---------- Previous post was at 08:44 AM ----------
One more thing...check with your carrier before doing this. Most carriers won't let you start a new contract for 6 months after paying an ETF.
lowandbehold said:
Actually, considering the price trends on phones, you are way off. If you are really strapped for cash, but can pull enough together for a phone, I would suggest a Galaxy Nexus. You can pick one up for $350 brand new, even less used. It will easily be good for another 2 years, and you can get yourself on prepaid when your contract ends and save a ton per month.
When you say $600 I am assuming you are planning on getting the GSIII. Not worth it in my opinion. Best thing out right now? Probably. A major upgrade from a GSII or Nexus? Nope. With technology how it is right now..the latest and greatest isn't going to be that much greater than the other options.
Click to expand...
Click to collapse
How so? Market prices for good conditioned phones seem to level off right above $100. And this happens far down the line. Sweetspot seems to be in the $300 range, so $400 for a new phone is more than reasonable. $600 is not so reasonable. This is from the prices I've seen on CL or Ebay.
And no. HTC One S actually. And for me, it's definitely the best thing out right now.
toiletsss said:
How so? Market prices for good conditioned phones seem to level off right above $100. And this happens far down the line. Sweetspot seems to be in the $300 range, so $400 for a new phone is more than reasonable. $600 is not so reasonable. This is from the prices I've seen on CL or Ebay.
And no. HTC One S actually. And for me, it's definitely the best thing out right now.
Click to expand...
Click to collapse
You can get a One S for $380...
lowandbehold said:
You can get a One S for $380...
Click to expand...
Click to collapse
A new one? From where?
xda marketplace, swappa, craigslist...the price of that phone has plummeted.
toiletsss said:
I have 6 months left? Not 60 days. And because I've set aside money specifically for this purpose. Non-contracted phones in the $100 range are obsolete, and I'd end up spending more money anyways. I know what I'm doing with my money. I didn't come here looking for the Suze Orman of smartphones.
Click to expand...
Click to collapse
You'd have to keep your phone 60 days to qualify for ETF. I wasn't referring to your current contract. Also,phone companies aren't stupid,and neither are their law firms. You will end up paying in full,or incurring a loss. There's a reason nobody is trying it.
Sent from my U8150 using XDA
As this thread doesn't have to do with mobile devices and instead service plans and carrier issues, moved to Off-Topic.
Quite frankly,to be putting this much effort into getting a HTC one S isn't worth it at all. If you have $300 to pay etf then you have enough to afford a one S,new and unlocked from your carrier you seem to despise.
http://forum.xda-developers.com/showthread.php?t=1774401&highlight=one+s
Sent from my U8150 using XDA
Tried it once when the iPhone 3g first came out. It ended up costing me no less than if I had paid retail price. I think they have that all figured out.
Not to mention the hell it will wreak on your credit score.
Yeah, for the money you're actually talking about you could get a Nexus, a Sony Xperia Sola or U, or a number of other phones.
Last time I was in the T-Mobile store, the clerk told me about their "Jump" program. It sounded great: You give them your old phone, they give you a new one, your monthly payments stay the same. No brainer. Go for it.
Something, however, didn't feel right. I went over the words again in my mind. You give them your old phone, they give you a new one, your monthly payments stay the same. What could possibly be wrong with that?
I took it apart:
1) You give them your old phone.
No problem. It's old. I want a new one.
2) They give you a new one.
Trade in your old, obsolete phone for a band new, cutting edge device. Cool.
3) Your monthly payments stay the same.
Paying the exact same amount for a brand new phone as what I was paying for my old phone. I can afford that.
Sound too good to be true?
It is.
When you do the math, it becomes obvious that when you jump, you lose money.
Think about "You give them your old phone". Notice the word "give". That means you get nothing in return. You may be thinking, "No, I AM getting something in return - a band new phone!
Wrong. T-Mobile makes it seem like it's all one big happy transaction. The Jump, however, actually consists of two separate transactions: giving them your old phone, and, getting a new phone.
1) Giving them your old phone
T-Mobile makes you think that when you give them your old phone, you get a new one in return. It sounds great because we think that the value of the old phone necessarily is less than that of the new phone. You say to yourself, Wow! I can't believe they're doing that! Well, they're not.
You have been paying off the old phone for quite a while, and have built up "equity" of a few hundred dollars, which is the basis for the true value of the old phone. When you jump, you give T-Mobile those hundreds of dollars as a gift. It seems like you get back the amount still left on the loan because T-Mobile "pays" it for you. That amount is always smaller than what you've already paid. It has to be, otherwise, T-Mobile wouldn't pay it. They make sure that they never lose money on the deal in two ways. 1) THEY tell YOU how much your old phone is worth, and, 2) You can jump only every six months (after which the amount you've paid on the loan exceeds what's left).
Now, what is the value of their payment of the balance of the old phone? Zero. When you give them the phone, you no longer owe the balance. You don't have the phone any more, they do. If you were to continue paying the loan off, you would be building up T-Mobile's equity rather than your own.
What is really happening is the following:
- You pay full price for your old phone, and then you give it away for nothing.
2) Getting a new phone
When T-Mobile says, "You get a brand new phone but the payments stay the same", they are drawing your attention away from the fact that when you jump, you take out a loan on the new phone for its full price. The payments don't "stay the same". The same as what? The loan you had on the old phone, which, as we've seen, is a separate transaction. So, the fact that the payments "stay the same" doesn't put a dime in your pocket. Ironically, you are the one ensuring that the payments stay the same by putting down a couple of hundred dollars. Oh, wait a minute, I forgot something. T-Mobile charges $10/mo to jump. So the payments actually increase.
What is really happening is the following:
- You pay full price for the new phone, and pay T-Mobile $10/mo for the privilege.
I didn't jump.
From my understanding if you owe money on the 6 month or less "old phone" then it is paid off. If you don't owe money on the "old phone" you get the trade in value of the phone. Which is what you would get anyways. And for someone who likes to switch there phone up every 3 or so months when a new "interesting" phone comes out, its a pretty good thing....
Sent from my Nexus 5 using XDA Premium 4 mobile app
You're wrong on the "Jump every six months part". You initially wait 6 months after signing up to be able to use Jump, after that you can get two new devices within twelve months with no wait time in between. I verified that with three T-Mobile reps. Say I buy the Nexus 5 this week (which I am) and the Galaxy S5 comes out next month and I want that.. Guess what? I can go trade my device in for that S5. But then I'm out of upgrades for almost a year..
jump program from what i was also told is that it comes with warranty, so if i lost my phone or what not, it will be covered.....
Dude the $10 replaces your old php/ warranty which could be higher . so no its not a separate charge. I was paying 15 for insurance/ warranty and when I registered for jump it REPLACED that charge for $10. So I saved $5 a month. Also when you trade in your old phone any balance left is paid off and yes you are technically leasing a phone but you don't have to JUMP every six months. It actually works out better than their previous plan. I have two separate payment plans before jump because I didn't realize they were actually starting a new credit line for every phone you financed. I thought it was adding to the total. This plan leaves you with one balance to pay and not multiple.
Sent from my HTC One using xda app-developers app
---------- Post added at 09:29 AM ---------- Previous post was at 09:26 AM ----------
jbreeze228 said:
You're wrong on the "Jump every six months part". You initially wait 6 months after signing up to be able to use Jump, after that you can get two new devices within twelve months with no wait time in between. I verified that with three T-Mobile reps. Say I buy the Nexus 5 this week (which I am) and the Galaxy S5 comes out next month and I want that.. Guess what? I can go trade my device in for that S5. But then I'm out of upgrades for almost a year..
Click to expand...
Click to collapse
Sorry that's not how it works either. If you buy your nexus device with jump you have to wait six months in between for the twice a year upgrade. I've also been told this by a few reps. I'd like to know the specifoc s of this.
Sent from my HTC One using xda app-developers app
monkeypaws said:
Dude the $10 replaces your old php/ warranty which could be higher . so no its not a separate charge. I was paying 15 for insurance/ warranty and when I registered for jump it REPLACED that charge for $10. So I saved $5 a month. Also when you trade in your old phone any balance left is paid off and yes you are technically leasing a phone but you don't have to JUMP every six months. It actually works out better than their previous plan. I have two separate payment plans before jump because I didn't realize they were actually starting a new credit line for every phone you financed. I thought it was adding to the total. This plan leaves you with one balance to pay and not multiple.
Sent from my HTC One using xda app-developers app
---------- Post added at 09:29 AM ---------- Previous post was at 09:26 AM ----------
Sorry that's not how it works either. If you buy your nexus device with jump you have to wait six months in between for the twice a year upgrade. I've also been told this by a few reps. I'd like to know the specifoc s of this.
Sent from my HTC One using xda app-developers app
Click to expand...
Click to collapse
That's very possible for it to be that case. But for me to be misquoted by three reps is pretty bad on T-Mobile's part. The last time I called was to verify my Jump Upgrade date last week and the guy went through all the specifics of the program and said after you wait the initial 6 months, after that you can upgrade two times in one year regardless of the time between the upgrades. But I just like the fact that I can upgrade two times in one year and have it added to monthly bill.
Well, it sounds like if you consistently jump you're basically leasing your phones...
Pay monthly for it, JUMP to a new one, and continue paying. Might be okay for some people, might not. Really depends on how often you upgrade and whether or not you really need to. I love having the latest stuff, but the Nexus 5 seems to satisfy me in every way possible. Don't know how it could get much better right now (camera, MAYBE - I never really take pictures anyway), so I may end up keeping this phone past my typical year of owning a device.
I haven't paid insurance on my devices in quite some time. Waste of money for me considering how cheap the Nexus line is nowadays, plus I've never broke, damaged, or lost a phone in the past 10 years. Wouldn't really like paying the $10/mo, plus the new phone payments, even with a value plan.
craigbailey1986 said:
From my understanding if you owe money on the 6 month or less "old phone" then it is paid off. If you don't owe money on the "old phone" you get the trade in value of the phone. Which is what you would get anyways. And for someone who likes to switch there phone up every 3 or so months when a new "interesting" phone comes out, its a pretty good thing....
Sent from my Nexus 5 using XDA Premium 4 mobile app
Click to expand...
Click to collapse
This is correct. When you first sign up with jump you have to wait six months to"jump". After that you can jump twice a year whenever you want, you can jump twice in one week but then have to wait another year to do it again. There are pros and cons to this plan and depends on the person to decide if it is useful to them. Remember OP just like flashing it's your choice, don't try to blame T-Mobile for a choice that you make.
Sent from my Nexus 5 using Xparent ICS Blue Tapatalk 2
Let me break it down for you a bit:
Person 1 buys an HTC One at full price through T-Mobile at $600 (price when I purchased mine) no JUMP.
Person 2 buys the same HTC One for $0 down with payments equalling $25 beginning in Month #2 with $10 per month for JUMP.
Both parties pay the tax for the full price of the device so that's a mute point.
6 months down the road (when you are JUMP eligible for the first time) you trade in the HTC One for a Nexus 5.
Person 1 sells the HTC One for $369 (the current avg selling price according to Swappa.com) and buys a Nexus 5 from Google for $350 (again we ignore tax) making the total outlay:
0-600+369-350 = -$581
Person 2 walks into T-Mobile and trades the HTC One in and walks out the door with a new Nexus 5 for $0 down and $16.50 per month. Saving $8.50 per month from the HTC One. Total outlay:
0-150(payments of $25 x 6) - 60 = -$205
Let's also mention that JUMP gives you the insurance as well.
With the cost of mobile devices depreciating head over heels it makes no sense to purchase your devices outright if you plan on upgrading on any sort of routine. The equity drops too fast, almost 40% in 6 months. T-Mobile will make its money in 2 places:
1- people who dont want to upgrade
2- people who put money down on their device due to bad credit or when a 0 down deal isn't running
Also its a 1 time 6-month buffer period until you can use JUMP. After that point you may use it 2 times per 12 month period starting with your first JUMP date
Sent from my Nexus 10 using Tapatalk
moose1313 said:
This is correct. When you first sign up with jump you have to wait six months to"jump". After that you can jump twice a year whenever you want, you can jump twice in one week but then have to wait another year to do it again. There are pros and cons to this plan and depends on the person to decide if it is useful to them. Remember OP just like flashing it's your choice, don't try to blame T-Mobile for a choice that you make.
Sent from my Nexus 5 using Xparent ICS Blue Tapatalk 2
Click to expand...
Click to collapse
My bad then. That sounds great. My six months will be up in march and I'll be able to do my first jump.
Sent from my HTC One using xda app-developers app
Guess I should have jumped.... Or, should I have?
PhilipTD said:
I didn't know you could get a phone with no money down.
Click to expand...
Click to collapse
$0 money down and 0 signal in any area not within the confines of a very large city.
You get what you pay for
jdk2 said:
$0 money down and 0 signal in any area not within the confines of a very large city.
You get what you pay for
Click to expand...
Click to collapse
That's true. Reception is pretty bad in the countryside. Good thing I'm not into nature.
jdk2 said:
$0 money down and 0 signal in any area not within the confines of a very large city.
You get what you pay for
Click to expand...
Click to collapse
Depends on the area for sure. I'm in the Lakeland area (between Tampa and Orlando FL) and I've had LTE for a long time now and Verizon can't match it. T-Mobile has really taken off within the past 3 years
Sent from my HTC One using Tapatalk
altimax98 said:
Depends on the area for sure. I'm in the Lakeland area (between Tampa and Orlando FL) and I've had LTE for a long time now and Verizon can't match it. T-Mobile has really taken off within the past 3 years
Sent from my HTC One using Tapatalk
Click to expand...
Click to collapse
Here's hoping they keep up the momentum. They could bring AT&T and VZW to their knees.
Nice post altimax :thumbup::beer:
I jumped the day it came out. Haven't used yet. Glad I have it though
Nexus5
jbdan said:
Nice post altimax :thumbup::beer:
I jumped the day it came out. Haven't used yet. Glad I have it though
Nexus5
Click to expand...
Click to collapse
No problem, just trying to clarify it... The key is to only JUMP when they do the $0 down deals which is quite often.
Sent from my HTC One using Tapatalk
altimax98 said:
Person 1 sells the HTC One for $369 (the current avg selling price according to Swappa.com) and buys a Nexus 5 from Google for $350 (again we ignore tax) making the total outlay:
0-600+369-350 = -$581
Person 2 walks into T-Mobile and trades the HTC One in and walks out the door with a new Nexus 5 for $0 down and $16.50 per month. Saving $8.50 per month from the HTC One. Total outlay:
0-150(payments of $25 x 6) - 60 = -$205
Click to expand...
Click to collapse
I think it's a worthy mention that person 2 still owes the price of nexus 5.... so it be 396 + 205 if he doesn't upgrade again. He can jump to avoid paying the debt of the current phone, but eventually he'll be paying full price for a phone.
Person 1 can upgrade as soon as the new hot phone comes out. Person 2 has to wait for 0 down promotion or suffer a loss.
neugenusis said:
I think it's a worthy mention that person 2 still owes the price of nexus 5.... so it be 396 + 205 if he doesn't upgrade again. He can jump to avoid paying the debt of the current phone, but eventually he'll be paying full price for a phone. Person 1 can upgrade as soon as the new hot phone comes out. Person 2 has to wait for 0 down promotion or suffer a loss.
Click to expand...
Click to collapse
Yeah, you're exactly right, the $396 loss becomes obscured in the verbiage.
I prefer to just stick to buying my phones off-contract. With the Nexus line being so great at such an amazing price, it seems way better than perpetually paying $20+ a month to basically rent a phone.
Not to mention that pre-paid prices are *so* much better. Like, half the price better. And if you want insurance, you can always get it through one of the many phone insurance companies by yourself for cheaper.
im trying to take advantage of the samsung offer but i went to store to preorder and was told i could only trade in one phone, any try the same with two phones?
looks like jump users cant take advantage of samsung offer.
RotaryXperiment7 said:
im trying to take advantage of the samsung offer but i went to store to preorder and was told i could only trade in one phone, any try the same with two phones?
looks like jump users cant take advantage of samsung offer.
Click to expand...
Click to collapse
Jump users can't participate since they cannot trade-in a phone in addition to the one that they're returning (the EIP one).
Kawaisa said:
Jump users can't participate since they cannot trade-in a phone in addition to the one that they're returning (the EIP one).
Click to expand...
Click to collapse
dang i was afraid of that, i thought someone said u could?
RotaryXperiment7 said:
dang i was afraid of that, i thought someone said u could?
Click to expand...
Click to collapse
Some people claim that they did (big mouths with no proof), but you can't. If you got to my-tmobile and click on trade-in you have to give the order number and phone number and you will get a message that you have already reached the maximum amount of trade-ins for that order (namely your jump device)
csmits said:
Some people claim that they did (big mouths with no proof), but you can't. If you got to my-tmobile and click on trade-in you have to give the order number and phone number and you will get a message that you have already reached the maximum amount of trade-ins for that order (namely your jump device)
Click to expand...
Click to collapse
I ordered using the normal upgrade, then traded in the phone online. I then called and asked them to cancel the order then reorder with JUMP. It still kept the old trade in as well.
so the trade-in is unrelated to your jump upgrade order, anyone could do that
Kawaisa said:
so the trade-in is unrelated to your jump upgrade order, anyone could do that
Click to expand...
Click to collapse
So do it? Don't say it can't be done.
aooga said:
So do it? Don't say it can't be done.
Click to expand...
Click to collapse
good luck with that
Kawaisa said:
good luck with that
Click to expand...
Click to collapse
With what?
I asked a rep on phone and she said only one trade in per line.
well that sucks, i thought the jump program was part of trading in your device so i guess not 200 promotion for us.
of course you can't use Jump and get the 200 rebate; with Jump, you aren't "buying" anything, you're just "renting" the phone for a period of time..
wase4711 said:
of course you can't use Jump and get the 200 rebate; with Jump, you aren't "buying" anything, you're just "renting" the phone for a period of time..
Click to expand...
Click to collapse
Not true. If anything you're paying for the privilege to sell it back to T-Mo for a guaranteed 50% of it's value. Once you pay it off its your phone.
knarfies said:
well that sucks, i thought the jump program was part of trading in your device so i guess not 200 promotion for us.
Click to expand...
Click to collapse
I effectively got $300 credit from my gs4 that still had a year of $25 payments on it... I'm plenty happy with that credit that really makes the Samsung promo null and void even if I COULD use it.
I was already paying $12 bucks a month on insurance before the JUMP! Program and un-plan came along. I lowered my bill over $20(was ~$188) even after I got unlimited everything family plan($80), increased my data cap 2 gigs on my line for a total of 3($10), got jump for $10 per line, not $12 like insurance was($20), and financed 2 phones($20 & $25 for a total of $163 after various taxes) and i get to JUMP! twice a year per line after the first 6 months passed, that's 4 phones a year for only taxes, which is lower then the "plan discounts" you used to get every 2 years!
....I'm plenty happy with JUMP! and no sammy promo on a full priced phone, tmobile is the one losing money, that's for sure.
Diablohtr said:
Not true. If anything you're paying for the privilege to sell it back to T-Mo for a guaranteed 50% of it's value. Once you pay it off its your phone.
Click to expand...
Click to collapse
I'm on the original Jump, so it works differently for me..
and, yes, if you keep the phone for 2 years, and pay it off, its yours, but I doubt many folks who follow XDA keep ANY phone for 2 years..
Ive only payed a year on mine and owe 280 and according o the check out, im only getting the 280 to pay it off.
knarfies said:
Ive only payed a year on mine and owe 280 and according o the check out, im only getting the 280 to pay it off.
Click to expand...
Click to collapse
So they are effectively giving you 280 for your phone, $80 more than the Samsung credit...
I'm on the old jump plan also... I didn't even realize it changed till this upgrade and was reading the new terms... still an ALRIGHT plan, but the original is a steal... you really are only stuck for the first 6 months, or = to 1/4th the value the original phone, then you can jump twice a year after that n that literally means i can jump now to the note 4 and if I want, jump again in 2 months to the note edge.
If I DO want to keep any phone for 2 years also, I'm paying for the base price of the phone, interest free... n i was already paying more for insurance anyways, so in my case the monthly fee for the jump plan isn't even a knock against me(that 240 bucks for 2 years of jump+insurance is less than just old insurion @$288 for 2 years) n I'm actually likely to use the plan, where I maybe used insurance once in 7 years.
yeah, alot of folks forget that jump includes Insurance AND Lookout Premium for free; its not just a "tax" to be able to change phones frequently
I also had jump, but I didn't use it, since they want the phone back, i pre-order the note4 and do a trade in
i had a verizon i4 which tmobile gave me 203buck for it and i5 which is icloud lock and i got 232buck all in credit. i think i got a good deal with 2 useless phone. i talked to a rep u can trade in as many smart phone as u want as long as it not broken doesn't matter if it icloud lock. if that help somebody
is it possible if i trade my galaxy s3 into where i work (ATT) and pre order the note 4 from t mobile and still get $200?
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 $200 for the phone up front and nothing more) then you do have to either wait for your upgrade or an "Early Edge" promotion (thye had one for the Droid Turbo). The reason is you are "paying" for the phone over your contract. Depending on how far from your upgrade you are you might be able to convince someone at a corporate store.
Walked into tmobile so I could take a glance at the note 5 and s6+ ( not impressed at all) and blah blah blah ended up talking to a sales person about jump and how it works. I was in a hurry, but she didn't explain the 2 different types very well. I know I'm on the first one where I pay 10$ 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
Sent from my SM-N910T using Tapatalk
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?