cancelling at&t contract to keep Iphone(ETF+600$)!!

Discussion in 'iPhone' started by ibsheks, Nov 10, 2008.

  1. ibsheks macrumors newbie

    Joined:
    Nov 8, 2008
    #1
    hey, what happens if i cancel my contract? an at&t rep tld me i'll have to pay
    $600+etf,, was he just scaring me?? or do i jst settle my bill & pay the ETF then keep the fone :) .. has anyone done this before?
     
  2. NeoMayhem macrumors 6502a

    Joined:
    Aug 22, 2003
    #2
    You pay for the remainder of the month + $175 - $5? for each month you have paid already. No $600 fee unless you have a few lines.
     
  3. GoCubsGo macrumors Nehalem

    GoCubsGo

    Joined:
    Feb 19, 2005
    #3
    Wrong. They're probably charging him/her for the remaining cost of the phone since it was subsidized with a 2 year contract, the ETF and whatever else they wanted to toss in there. That's a move LA Celluar (now AT&T) pulled on me 10 years ago.
     
  4. Inukami macrumors 6502

    Joined:
    Jul 11, 2008
    #4
    No? Your paying the ETF on the contract so that doesn't make sense.
     
  5. synth3tik macrumors 68040

    synth3tik

    Joined:
    Oct 11, 2006
    Location:
    Minneapolis, MN
    #5
    The ETF is for the service only not for the phone. Sounds like if you cancel the contract you also have to pay the remainder of the subsidized fee of the phone.
     
  6. Celeron macrumors 6502a

    Joined:
    Mar 11, 2004
    #6
    That's what ETFs are for, to cover the subsidized cost of the phone. You're basically paying back the discount on the phone over the 2 year contract. Breaking the contract means you have to pay back the subsidy. It shouldn't be $600, iPhones aren't that expensive.
     
  7. eplchamps0304 macrumors 6502a

    eplchamps0304

    Joined:
    Jan 31, 2008
    #7
    Its not 600. You pay the etf and bill only, as long as its been over 30 days. If its under you pay no etf and have to return the phone.
     
  8. aethelbert macrumors 601

    Joined:
    Jun 1, 2007
    Location:
    Chicago, IL, USA
    #8
    A $175 fee on top of a $200 phone doesn't add up to the $600 retail price.
     
  9. AustinSTI macrumors 6502

    Joined:
    Jul 2, 2007
    #9
    It comes closer if its a 16GB. It's likely $300 + $175
     
  10. thecellar macrumors regular

    Joined:
    Feb 13, 2008
    #10
    if its after 30 days, the just charge you the remaining balance and the etf.
    before 30 days you have to return the phone or pay the unsubsidized price, and your remaining balance.

    i was in this situation in august , now might be in it again in december.
     
  11. firewood macrumors 604

    Joined:
    Jul 29, 2003
    Location:
    Silicon Valley
    #11
    Plus at least one month's bill, since you have to keep the phone for 30 days, plus perhaps an initial activation fee.

    So 300 + 30 + 75 + 175 = $580

    .
     
  12. anjinha macrumors 604

    anjinha

    Joined:
    Oct 21, 2006
    Location:
    San Francisco, CA
    #12
    Yes, they are that expensive. Here they cost 499€ ($634) or 599€ ($761) with taxes but they are not subsidized. In other countrys where the phone can be bought non-subsidized it costs about the same.
     

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