Is there a cost savings buying a contract-free phone with Verizon?

Discussion in 'iPhone' started by smirk, Oct 22, 2012.

  1. smirk macrumors 6502a

    smirk

    Joined:
    Jul 18, 2002
    Location:
    Orange County, CA
    #1
    Hi there, a friend of mine recently suggested that I buy my iPhone 5 contract-free and go month-to-month on Verizon, as I would save money over two years. This is compared to the standard two year contract where the phone is subsidized. Is this true? From the research I have done I've never seen this recommendation before.

    I just have a dumb phone right now with no plan, so there are no grandfathering issues.

    Thanks!
     
  2. GoCubsGo macrumors Nehalem

    GoCubsGo

    Joined:
    Feb 19, 2005
    #2
    Nope. You're paying the same price for voice and data as those who paid for their phone at the subsidized price. Ask you buddy to explain further. I simply don't see it.
     
  3. Ivabign macrumors 6502

    Ivabign

    Joined:
    Mar 27, 2011
    Location:
    SoCal
    #3
    I haven't heard of a discounted plan (minutes/data) for people who own their phones outright - the benefit is being able to stop your service at any time without penalty.
     
  4. darster Suspended

    Joined:
    Aug 25, 2011
    #4
    Misread original post. No savings unless you choose to go to different provider with your unlocked phone with no contract.
     
  5. Shorties macrumors 6502a

    Joined:
    Jul 22, 2007
    Location:
    Southern California
    #5
    The only thing I know about with Verizon is if you have grandfathered unlimited data plan, you get to keep it if you buy your new phone contract free. But it doesn't sound like you do, so I don't think that will help you.
     
  6. smirk thread starter macrumors 6502a

    smirk

    Joined:
    Jul 18, 2002
    Location:
    Orange County, CA
    #6
    Thanks everyone, I appreciate you taking the time to help me out!
     

Share This Page