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.
Click to expand...
Click to collapse
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.
Sent from my SAMSUNG-SM-G920A using XDA Free mobile app
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.
Click to expand...
Click to collapse
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
Click to expand...
Click to collapse
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.
Related
I am a grandfathered unlimited user on Verizon. I have not used an upgrade in years to keep my UDP, and have paid full price for my phones. Yet the price of my plan hasn’t changed once. Back when I did use upgrades wasn’t I supposed to be paying extra to cover the cost of my phone? And now that I’m on month-to-month wasn’t I supposed to get some kind of discount to account for the fact that I was no longer paying subsidies for a phone? Just curious if anybody else got some kind of discount when they switched from a contract to month-to-month. I switched about 2 years ago and the price never changed. Figured I'd ask here since there are probably a lot of people with UDPs on month-to-month here.
ahaynes42 said:
I am a grandfathered unlimited user on Verizon. I have not used an upgrade in years to keep my UDP, and have paid full price for my phones. Yet the price of my plan hasn’t changed once. Back when I did use upgrades wasn’t I supposed to be paying extra to cover the cost of my phone? And now that I’m on month-to-month wasn’t I supposed to get some kind of discount to account for the fact that I was no longer paying subsidies for a phone? Just curious if anybody else got some kind of discount when they switched from a contract to month-to-month. I switched about 2 years ago and the price never changed. Figured I'd ask here since there are probably a lot of people with UDPs on month-to-month here.
Click to expand...
Click to collapse
If your on a more everything plan u get a discount if u are on edge or have a device that has been paid off, or a contract was completed, but i believe its only for people on more everything
If you go into a Verizon store, they are actually pretty good about going through your bill/plan. They tell you all your options, even if it is detrimental to them. I went it with my brother, reworked his plan, and walked out paying less. They never once gave him a hard time.
the_rooter said:
If your on a more everything plan u get a discount if u are on edge or have a device that has been paid off, or a contract was completed, but i believe its only for people on more everything
Click to expand...
Click to collapse
I am on an older style Nationwide Talk & Text plan. They used to call me all the time trying to get me to switch and give up UDP, telling me I would save money, but I guess they gave up. Has anybody ever switched plans and kept UDP? I'm scared to make any changes to my plan for fear of losing unlimited.
ahaynes42 said:
I am on an older style Nationwide Talk & Text plan. They used to call me all the time trying to get me to switch and give up UDP, telling me I would save money, but I guess they gave up. Has anybody ever switched plans and kept UDP? I'm scared to make any changes to my plan for fear of losing unlimited.
Click to expand...
Click to collapse
i think that if u make any data changes like from what u have to everything share plan u will lose the UDP
ahaynes42 said:
I am a grandfathered unlimited user on Verizon. I have not used an upgrade in years to keep my UDP, and have paid full price for my phones. Yet the price of my plan hasn’t changed once. Back when I did use upgrades wasn’t I supposed to be paying extra to cover the cost of my phone? And now that I’m on month-to-month wasn’t I supposed to get some kind of discount to account for the fact that I was no longer paying subsidies for a phone? Just curious if anybody else got some kind of discount when they switched from a contract to month-to-month. I switched about 2 years ago and the price never changed. Figured I'd ask here since there are probably a lot of people with UDPs on month-to-month here.
Click to expand...
Click to collapse
No when you got the first phone you signed a 2 year contract that's what paid for the phone, when the 2 years was up everything stayed the same except the contract was over and you went month to month.
sinclac said:
No when you got the first phone you signed a 2 year contract that's what paid for the phone, when the 2 years was up everything stayed the same except the contract was over and you went month to month.
Click to expand...
Click to collapse
What confuses me is that a lot of people around here have said that when you get a subsidized phone you pay extra for it in the contract. They say there are hidden fees that cover the cost of the phone over those 2 years. The cost of my plan is based off the average person who gets a $400 discount on their new phone every 2 years. With UDP, we can't upgrade at a discount so I am paying $600 for a new phone instead of $200. And I've been on month-to-month for at least 2 years now so they got 2 more years out of me without a contract all while paying contract price. Either way, it all comes down to paying this extra $400 every phone to keep unlimited when Verizon is trying everything in their power to get me to switch. That's a lot of money to have unlimited, but it's worth it.
ahaynes42 said:
What confuses me is that a lot of people around here have said that when you get a subsidized phone you pay extra for it in the contract. They say there are hidden fees that cover the cost of the phone over those 2 years. The cost of my plan is based off the average person who gets a $400 discount on their new phone every 2 years. With UDP, we can't upgrade at a discount so I am paying $600 for a new phone instead of $200. And I've been on month-to-month for at least 2 years now so they got 2 more years out of me without a contract all while paying contract price. Either way, it all comes down to paying this extra $400 every phone to keep unlimited when Verizon is trying everything in their power to get me to switch. That's a lot of money to have unlimited, but it's worth it.
Click to expand...
Click to collapse
No you only pay the extra fee if you are on the edge plan like i am for my phone, then when the phone is paid off you no longer pay that.
My wife's 2 YR agreement just ended and we are paying the same amount as we did but we own the phone now.
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 $200 for the phone up front and nothing more) then you do have to either wait for your upgrade or an "Early Edge" promotion (thye had one for the Droid Turbo). The reason is you are "paying" for the phone over your contract. Depending on how far from your upgrade you are you might be able to convince someone at a corporate store.
I just got the s6 edge 128gb pre ordered threw att's web site. I called customer service and told them Verizon is
selling there phone for 899.99 were att is selling it for 1014.99 so a difference of 115 dollars they credited my account
115 dollars and I payed full price so no contract for me. My contract was up last November so i waited for the s6 to come out.
I figured i would go back on a 2 tear plan but there isn't really any savings. The phone is 500 dollars buy they told me my
monthly rate goes up buy 15 dollars a month so take 15 dollars multiply it buy the time 24 months and add 360 dollars to the cost of the
phone. So the cost of the phone now is 860 dollars so for a 30 dollar difference i bought the phone and no contract. The next program
is a joke. But anyway i figured i would pass this info along so others might benefit from the savings. Have a good one
negev said:
. The next program
is a joke. But anyway i figured i would pass this info along so others might benefit from the savings. Have a good one
Click to expand...
Click to collapse
yes. the NEXT is a joke. 2 years contract is no joke !
i have a old family plan with 3 lines, only 1st line has internet with 2GB data, the other 2 lines is just dumb phones, i paying average around 110$ a month.
but i getting S6 GOLD 64gb for 399$ plus taxes + upgrade fee, it' about 500$.
netnerd said:
yes. the NEXT is a joke. 2 years contract is no joke !
i have a old family plan with 3 lines, only 1st line has internet with 2GB data, the other 2 lines is just dumb phones, i paying average around 110$ a month.
but i getting S6 GOLD 64gb for 399$ plus taxes + upgrade fee, it' about 500$.
Click to expand...
Click to collapse
How is next a joke? It'd actually cheaper to get phones through next compared to signing 2 years contracts on the new MS value plans 10gb +. It's simply an installment plan on the full retail price...
How much you paying Next with 10gb data a month? Plus full price on phone. I don't need no 10gb a month.
If you were gonna pay full price for the phone and you're with AT&T should have bought the T-Mobile variant and unlock it... Why? Because the T-Mobile variant would have worked with AT&t LTE and it would have a unlocked bootloader. Taking for previews Samsung phones the T-Mobile variant have most of the bands and unlocked bootloader. If you're Verizon should have wait for the Dev Edition
negev said:
I just got the s6 edge 128gb pre ordered threw att's web site. I called customer service and told them Verizon is
selling there phone for 899.99 were att is selling it for 1014.99 so a difference of 115 dollars they credited my account
115 dollars and I payed full price so no contract for me. My contract was up last November so i waited for the s6 to come out.
I figured i would go back on a 2 tear plan but there isn't really any savings. The phone is 500 dollars buy they told me my
monthly rate goes up buy 15 dollars a month so take 15 dollars multiply it buy the time 24 months and add 360 dollars to the cost of the
phone. So the cost of the phone now is 860 dollars so for a 30 dollar difference i bought the phone and no contract. The next program
is a joke. But anyway i figured i would pass this info along so others might benefit from the savings. Have a good one
Click to expand...
Click to collapse
More or less, companies price everything so that you pretty much have minimal to no savings on the contract. Sometimes, you even lose money, depending on whether or not you can get the device cheaper online or which model you're getting. Paying full price up front, however, is usually not recommended, mainly due to inflation and opportunity cost. That being said, 2 year contracts are usually the worst of the options, especially since they make you pay the tax of the full price of the device. If you're in a state without sales tax, this discrepancy can work in your favor.
inkrededibles said:
That being said, 2 year contracts are usually the worst of the options, especially since they make you pay the tax of the full price of the device. If you're in a state without sales tax, this discrepancy can work in your favor.
Click to expand...
Click to collapse
i dont have the NEXT plan, dont you also pay sales taxes on it also? like on the first bill ?
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?
I know that I probably just need to drag my ass down to Best Buy or Verizon, but thought that I'd ask here first.
I am currently on a two year contract. Actually the contract expired last year, but the point is that I go with the whole two year contract thing. If I take advantage of Best Buy's offer on the Verizon, how will that affect my contract? You get the phone through BB, and it is $150 off. The monthly payment is something like $33 per month. Is that a contract price? Or do I lose my contract?
It's difficult to keep up with this stuff. I have always had contracts and never gone with anything else.
usmaak said:
I know that I probably just need to drag my ass down to Best Buy or Verizon, but thought that I'd ask here first.
I am currently on a two year contract. Actually the contract expired last year, but the point is that I go with the whole two year contract thing. If I take advantage of Best Buy's offer on the Verizon, how will that affect my contract? You get the phone through BB, and it is $150 off. The monthly payment is something like $33 per month. Is that a contract price? Or do I lose my contract?
It's difficult to keep up with this stuff. I have always had contracts and never gone with anything else.
Click to expand...
Click to collapse
That would be the monthly payment for the phone itself, in addition to your Verizon plan cost.
Very few phones are subsidized anymore. They care more about the device payment than the contract. I have been out of contract for 2 years. When they used to subsiduze the phones they would lock you into a 2 year contract on the phone. That is no longer done by VZ. If you have a contract it's either because you got a subsidized phone less than 2 years ago or you added a VZ tablet or smart watch to your account. They still provide minimum subsidies on VZ tablets and smart watches.
I just cancelled my VZ preorder and paid off my S7. I then pre ordered from Best Buy to save the additional 150. Plus, I'll get 425 for my mint condition S7 Edge. I paid 786 with the 150 off, 56 dollars in tax and will get my Note 8 for 361 excluding tax or 15.04 per month. I also get to keep my Pixel XL as a spare.
Mike02z said:
Very few phones are subsidized anymore. They care more about the device payment than the contract. I have been out of contract for 2 years. When they used to subsiduze the phones they would lock you into a 2 year contract on the phone. That is no longer done by VZ. If you have a contract it's either because you got a subsidized phone less than 2 years ago or you added a VZ tablet or smart watch to your account. They still provide minimum subsidies on VZ tablets and smart watches.
I just cancelled my VZ preorder and paid off my S7. I then pre ordered from Best Buy to save the additional 150. Plus, I'll get 425 for my mint condition S7 Edge. I paid 786 with the 150 off, 56 dollars in tax and will get my Note 8 for 361 excluding tax or 15.04 per month. I also get to keep my Pixel XL as a spare.
Click to expand...
Click to collapse
Thanks. I actually completed my contract last October. I've had this Note 4 for almost three years. Turns out that I'm kinda dumb, because I've been paying the same price that I did when under contract, and my phone has been mine for almost a year. I pre-ordered a couple of Note 8s from Best Buy and once I get them, I'm going to knock my plan down to 2GB. With the 2GB plan and the two phones on payment plan, I'll be paying just a few more dollars than I'm currently paying.
I didn't keep up on what's going on with phones now, but it almost seems like this is a better way to go. I can pay this phone off any time I want, get a different phone, and sell it. Seems like more freedom.