Did Verizon just increase their smartphone Edge prices?

Discussion in 'iPhone' started by 0000757, Jun 14, 2014.

  1. 0000757 macrumors 68040

    Dec 16, 2011
    I was looking on Verizon to see how much the iPhone 5S would be on Edge, as I had remembered it being around $20 something dollars, except I was surprised to see that the iPhone 5S costs $32 on Edge, but is only $99 on a 2 year contract???

    Did Verizon just increase edge prices along with decreasing the 2 year price?
  2. nnacrumors macrumors 6502

    Jun 12, 2014
    No increase. With EDGE the full retail price is simply split into 20-months worth of payments.

    $32.49 x 20 payments = $649.80.
  3. aneftp macrumors 601

    Jul 28, 2007
    No. $650/20 payments is $32.50/month. You own iPhone outright on edge if you pay in full.

    Subsidized iPhone pricing varies. That's what makes 2 year contracts tricky to calculate.

    Sometimes carriers may decide to give u even more subsidy with a "sale" on the iPhone contract pricing of $99
  4. jason2811 macrumors 6502a

    May 8, 2006
    It used to be 24 payments. So I assume that's why it looks as if the price went up.
  5. aneftp macrumors 601

    Jul 28, 2007
    Weird. Just went on Verizon webpage. It says $27.15 edge pricing for 5s per month.

    Not sure about the details. That's like $543 full price for iPhone over 20 months or $651 for iPhone over 24 months.

    Gotta love deceptive marketing to make it look for affordable.

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  6. patt2k macrumors regular

    Dec 31, 2012
    Yes it did go up now you pay it off within 20 months , current edge contract are not affected.

    Right now with the EDGE discount I pay 6.24$ for my 5S gold

    25+ 6.24

    now I think I would pay like 6$ extra for 32GB.

    5S is now 31$ on EDGE 16gb
  7. 617aircav Suspended

    Jul 2, 2012
    Thing with edge is you never get the discount pricing that those on contract get.
  8. aneftp macrumors 601

    Jul 28, 2007
    Actually they had same pricing as att next. $160/4 lines 10gb sharing now.


    But I believe in order to have that plan. All 4 lines have to have edge monthly payments? So verizon keeps consumers "locked in" by not allowing them to get discounts of $160/4lines if they bring their own phone.
  9. 617aircav Suspended

    Jul 2, 2012
    sorry I was referring to discounts on the equipment.
  10. 617aircav Suspended

    Jul 2, 2012
    Using a 2yr contract option on Verizon you can get the 5s for 450 after paying the 340 etf after one month of service.
  11. aneftp macrumors 601

    Jul 28, 2007
    U also need to add $30 upgrade fee or $35 activation fee for new lines. So around $480-490 total fees plus monthly cost.

    Assuming u just add a line for $9.99 on older plans. Comes out to about $500 plus taxes. Remember u will get charged taxes on ETF also. It's not $340. It will be around $380 in many states.

    In California you will get charged full sales msrp priced even on $99. So $650 x 9.25%. That's $60 in sales taxes on a "$99" contract iPhone 5s.

    So you are essentially getting around a $50-100 off msrp if you decide to game the system whenever they have 2 year contract iPhone 5s sales at $99 instead of $199.
  12. nnacrumors macrumors 6502

    Jun 12, 2014
    Just curious is it also a hard credit pull?
  13. 617aircav Suspended

    Jul 2, 2012
    my state has no sales tax plus activation fee is waved during the promo.

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