Buying out a non-iPhone O2 contract to get iPhone 3G

[blueharvester]

As it's a bit cloudy at the minute as to whether I (an existing O2 customer with a non-iPhone contract) will be able to upgrade early to the iPhone 3G, I was thinking that should it transpire that I can't, would it be possible to buy out the reaminder of my contract and then start a new account?

My contract is due for renewal in November, so does this mean that to buy out my contract I just need to pay 5 months contract cost?

 

[TonyHoyle]

You can always buy out a contract. Remember to switch to the lowest tariff first (although if you want to buy on the 11th it might be a bit late for that advice..).

 

[razorianfly]

Existing O2 customers can also switch to iPhone. We'll contact you when you're eligible for an upgrade and talk you through the best options.

You'll be able to upgrade online at o2.co.uk, in one or our high street stores or by calling one of our upgrade advisors.

Source - http://www.o2.co.uk/iphone/paymonthly

Apparently you have to be approaching, or have ended, your current contract to be eligible to upgrade to iPhone.

R-Fly

 

[blueharvester]

You can always buy out a contract. Remember to switch to the lowest tariff first (although if you want to buy on the 11th it might be a bit late for that advice..).

But how much is it to buy a contract out?

 

[razorianfly]

But how much is it to buy a contract out?

Usually, it's the cumulative amount of monthly fees remaining,
of the amount of months you have left within the current contract.

In your case - 5 months.


R-Fly

 

[blueharvester]

Usually it's the cumulative amount of monthly fees remaining, of the amount of months you have left within the current contract.

In your case - 5 months.


R-Fly

Cool - that's what I was hoping for.

 

[KRH-1]

Buying out O2 Contract

I'm in a similar situation, and I was planning to simply set up a new iPhone contract and keep my existing contract running for the last 4 months as a second phone for work. This way I can spread the additional cost over a longer period instead of buying out my contract up front.

I assume there are no problems with having two O2 accounts running at the same time?

 

[razorianfly]

I'm in a similar situation, and I was planning to simply set up a new iPhone contract and keep my existing contract running for the last 4 months as a second phone for work. This way I can spread the additional cost over a longer period instead of buying out my contract up front.

I assume there are no problems with having two O2 accounts running at the same time?

There is no problem with this what-so-ever. I took out an 18 month contract on a K810i in Jan 08, and now I'm opting for the iPhone 3G on the £35/mo contract on July 11th. I asked about this when having my credit check, the sales representative said 'you are able to have as many phones on an your o2 account as you can physically afford'.

R-Fly

 

[MojoWill]

There is no problem with this what-so-ever. I took out an 18 month contract on a K810i in Jan 08, and now I'm opting for the iPhone 3G on the £35/mo contract on July 11th. I asked about this when having my credit check, the sales representative said 'you are able to have as many phones on an your o2 account as you can physically afford'.

R-Fly

not strictly true the credit check will only allow a certain number of lines per customer most companies have a limit of between 3-5. It has nothing to do with how much you can afford.

 

[razorianfly]

not strictly true the credit check will only allow a certain number of lines per customer most companies have a limit of between 3-5. It has nothing to do with how much you can afford.

In that case, I stand corrected.

I blame the sales rep ..

R-Fly