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Carrier Quick Verizon pricing question

C

Clint1583

macrumors regular
Original poster
Mar 4, 2011
155
9
I thought that Verizon had done away with subsidized phones at the end of contracts and you now had to either buy the phone outright or make monthly payments. When looking at the website just now it still offers the choice of buying it at the subsidized price when signing a new 2 year contract.

I'm I missing something here?
 
They got rid of 2 year contracts for new customers only. Existing customers can upgrade with a 2 year contract. If you have an old plan the 2 year contract might be better for you, otherwise the installment billing option may be better for you.

Clint1583 said:
I thought that Verizon had done away with subsidized phones at the end of contracts and you now had to either buy the phone outright or make monthly payments. When looking at the website just now it still offers the choice of buying it at the subsidized price when signing a new 2 year contract.

I'm I missing something here?
Click to expand...
 
To add to the above poster, if you're on a subsidized plan and keep it, but move to a device payment plan as opposed to a subsidized, you will receive a $25 credit each month on your bill. The credit remains for as long as you're making payments.
 
gixxerfool said:
To add to the above poster, if you're on a subsidized plan and keep it, but move to a device payment plan as opposed to a subsidized, you will receive a $25 credit each month on your bill. The credit remains for as long as you're making payments.
Click to expand...
It depends on the plan and the data amount as the discount could be just $15 and a subsidy/contract might be better over financing/payment plan.
 
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C DM said:
It depends on the plan and the data amount as the discount could be just $15 and a subsidy/contract might be better over financing/payment plan.
Click to expand...

From what I was told by several Verizon reps, I didn't believe the first one, was pretty straight forward. As long as you were out of contract, but did not change your plan you had two options, subsidize a new phone just like before pay the upgrade fees, taxes and initial phone payment and you pay your $40 access fee a month. Or you keep your subsidized plan only but instead of subsidizing a device you get your device on a monthly payment plan. So you pay your taxes when you upgrade. Then each month instead of paying $40 you pay $15 ($40-$25=$15) for your device access for as long as you make payments. So after you pay your device off it will go back to $40 unless you upgrade again.
 
gixxerfool said:
From what I was told by several Verizon reps, I didn't believe the first one, was pretty straight forward. As long as you were out of contract, but did not change your plan you had two options, subsidize a new phone just like before pay the upgrade fees, taxes and initial phone payment and you pay your $40 access fee a month. Or you keep your subsidized plan only but instead of subsidizing a device you get your device on a monthly payment plan. So you pay your taxes when you upgrade. Then each month instead of paying $40 you pay $15 ($40-$25=$15) for your device access for as long as you make payments. So after you pay your device off it will go back to $40 unless you upgrade again.
Click to expand...
That's mostly right with a few exceptions. First you get $25 discount per month if you are in a plan with 8 GB or more data, while you would only get $15 off a month with less data. Second, the discount applies when you are simply off contract, meaning when you are on a finincing/payment plan or simply when you are no longer in contract (even if you paid off a phone you were finincing/payment plan).
 
C DM said:
That's mostly right with a few exceptions. First you get $25 discount per month if you are in a plan with 8 GB or more data, while you would only get $15 off a month with less data. Second, the discount applies when you are simply off contract, meaning when you are on a finincing/payment plan or simply when you are no longer in contract (even if you paid off a phone you were finincing/payment plan).
Click to expand...

Thats correct! on the more everything plan you get either $15 or $25 off the access fee, depending on the amount of GBs you have.
 
So much for a quick pricing question! Sounds like we still qualify for the subsidized phones because of being long time customers. I'll have to look into which way to go now that it looks like we have a few options.
 
rockitdog said:
Yes they do! I just looked into them last week. Go to Best Buy's website and see for yourself.
Click to expand...

The 2 year pricing is still offered for existing Verizon customers or customers who are transferring their existing phone number to Verizon. So if you have an existing account you can do a 2 year contract. If you come into the store you can't do 2 year contract if you are new to Verizon. I work at Best Buy Mobile.
 
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