Minimum Time to stay in contract (Verizon)

Discussion in 'iPhone' started by articulatefool, Sep 24, 2012.

  1. articulatefool macrumors regular

    Jul 19, 2012
    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?
  2. articulatefool thread starter macrumors regular

    Jul 19, 2012
  3. climber20 macrumors member

    Feb 18, 2011
    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.
  4. paulrbeers macrumors 68040

    Dec 17, 2009
    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.
  5. articulatefool thread starter macrumors regular

    Jul 19, 2012
    For all other versions it is $649. Everywhere I look for non-contract Verizon phones is $699.
  6. boomhower macrumors 68000


    Oct 21, 2011
    You will have to pay for the full months service regardless if it's one day or 29, it's in the contract.
  7. Dwalls90 macrumors 601


    Feb 5, 2009
    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?
  8. From A Buick 8 macrumors 68040

    From A Buick 8

    Sep 16, 2010
    Ky Close to CinCinnati
    Can you use the Verizon phone on straight talk, I thought they took a sim.
  9. PhoenixMac macrumors 65816

    Mar 7, 2010
    LTE phones use a sim.

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