Minimum Time to stay in contract (Verizon)

articulatefool

macrumors regular
Original poster
Jul 19, 2012
132
0
I am planning on purchasing the iPhone 5 tonight for $199 subsidized.

The plan is to pay the ETF tomorrow or later in the week to cancel the contract so I can continue using straight talk.

So $199+$350+$36 = $585.
1 month of service is another $90 --- so $675 tolal.

This comes to less than they sell the non-contract Verizon version. ($699)


My question: How long do I have to stay in contract before I cancel? Can I cancel within the first week and not have to pay the full $90 for the month's service?
 

climber20

macrumors member
Feb 18, 2011
95
0
The non-contract price for a 16 gb iPhone 5 is $650, not $699. Seems better to just pay full price and not deal with the rest of all that nonsense. The phone's already unlocked, so you don't even have to wait to use it on straight talk.
 

paulrbeers

macrumors 68040
Dec 17, 2009
3,960
120
The non-contract price for a 16 gb iPhone 5 is $650, not $699. Seems better to just pay full price and not deal with the rest of all that nonsense. The phone's already unlocked, so you don't even have to wait to use it on straight talk.
This. I paid 649.99 + tax for mine. Not sure where OP got the 699.99 figure.... Sure you might be able to save a little on a less than 1 month worth of service, but it seems like a lot of effort to maybe save $50.
 

articulatefool

macrumors regular
Original poster
Jul 19, 2012
132
0
The non-contract price for a 16 gb iPhone 5 is $650, not $699. Seems better to just pay full price and not deal with the rest of all that nonsense. The phone's already unlocked, so you don't even have to wait to use it on straight talk.
For all other versions it is $649. Everywhere I look for non-contract Verizon phones is $699.
 

boomhower

macrumors 68000
Oct 21, 2011
1,559
50
You will have to pay for the full months service regardless if it's one day or 29, it's in the contract.
 

Dwalls90

macrumors 601
Feb 5, 2009
4,695
1,064
I am planning on purchasing the iPhone 5 tonight for $199 subsidized.

The plan is to pay the ETF tomorrow or later in the week to cancel the contract so I can continue using straight talk.

So $199+$350+$36 = $585.
1 month of service is another $90 --- so $675 tolal.

This comes to less than they sell the non-contract Verizon version. ($699)


My question: How long do I have to stay in contract before I cancel? Can I cancel within the first week and not have to pay the full $90 for the month's service?
I think you can cancel ASAP, but you still have to pay first year.

It seems like it's really not worth spending $25 less to jump through all those hoops?