T-Mobile Jump on Demand- $15 for iPhone 6- worth it?

[mlody]

This t-mobile $15/$19 is actually pretty awesome. I signed up for this on the last day (9/9) and actually ended up with an extra phone number for time being (I am still with Verizon under contract till 25th of this month), so I wouldn't miss on the deal.
Both my wife and I got iPhone 6 16gb just to satisfy the deal - neither of us are using the phone because it didn't make any sense to use them for like 2 weeks knowing that we would be jumping to "s" cycle - didn't want to spend any money on cases etc, or risk damaging the phone.

We have already preordered the new "s" - she got 6S 64GB rose gold and I got 6S+ 64GB silver. After 18 months of payments (we haven't made any previous payments since we got the old 6'es last week) we will save almost $600 on both phones which is a great deal. We also didn't have to pay any upfront cost ($100) for 64GB upgrade either.

 

[androydtr8r]

This t-mobile $15/$19 is actually pretty awesome. I signed up for this on the last day (9/9) and actually ended up with an extra phone number for time being (I am still with Verizon under contract till 25th of this month), so I wouldn't miss on the deal.
Both my wife and I got iPhone 6 16gb just to satisfy the deal - neither of us are using the phone because it didn't make any sense to use them for like 2 weeks knowing that we would be jumping to "s" cycle - didn't want to spend any money on cases etc, or risk damaging the phone.

We have already preordered the new "s" - she got 6S 64GB rose gold and I got 6S+ 64GB silver. After 18 months of payments (we haven't made any previous payments since we got the old 6'es last week) we will save almost $600 on both phones which is a great deal. We also didn't have to pay any upfront cost ($100) for 64GB upgrade either.

how did you come up with almost $600 on both phones?

 

[mlody]

how did you come up with almost $600 on both phones?

Here you go.

iphone 6s 64gb retail price $750 + %10tax = $825

t-mobile payments
18 mo *$19.47 = $350.46 + $182 buy out option = $532.46 total cost to own the phone after 18 months

retail price - tmobile price = $292.54 savings on T-mobile payment plan




iphone 6s+ 64gb retail price $850 + %10 tax = $935

t-mobile payments
18 mo *$23.56 = $424.08 + $210 buy out option = $634.08 total cost to own the phone after18 months

retail price - tmobile price = $300.92 savings on T-mobile payment plan


two phones savings by buying on t-mobile:
$292.54 (iPhone 6s) +
$300.92 (iPhone 6s+) = $593.46 total savings which I round up to $600.

 

[TG1]

iphone 6s+ 64gb retail price $850 + %10 tax = $935

t-mobile payments
18 mo *$23.56 = $424.08 + $210 buy out option = $634.08 total cost to own the phone after18 months

Isn't there also a $99 up front cost for the 64 gb 6S+ that needs to be added in here?

 

[mlody]

Isn't there also a $99 up front cost for the 64 gb 6S+ that needs to be added in here?

I believe the upfront cost is based on the credit; however, in my case, the monthly payment reflects that as the payments are not $15/$19, but $19.47/ $23.56 respectively for the 64GB upgrade on both phones which makes it even cheaper that paying $100 upfront for each

 

[androydtr8r]

Here you go.

iphone 6s 64gb retail price $750 + %10tax = $825

t-mobile payments
18 mo *$19.47 = $350.46 + $182 buy out option = $532.46 total cost to own the phone after 18 months

retail price - tmobile price = $292.54 savings on T-mobile payment plan




iphone 6s+ 64gb retail price $850 + %10 tax = $935

t-mobile payments
18 mo *$23.56 = $424.08 + $210 buy out option = $634.08 total cost to own the phone after18 months

retail price - tmobile price = $300.92 savings on T-mobile payment plan


two phones savings by buying on t-mobile:
$292.54 (iPhone 6s) +
$300.92 (iPhone 6s+) = $593.46 total savings which I round up to $600.

Someone already mentioned it but you are missing your $99 down payment which is really $108 cuz they add tax to it too. But if they "waived" it you're still gonna have to pay that extra $99 somewhere down the line. But whether it's $600 or $400 for both phones that's still a better deal then anyone else.

Plus, if you ever change your mind you can always use your 3 jumps in a year. Which would be even better given that no one else can upgrade without waiting a minimum of 12 months (pending next iPhone release).

 

[androydtr8r]

even if you have $0 down payment you still have to pay the $99 upfront, it's a mandatory requirement when buying the newer phones through T-Mobile. Even the new Galaxay S6 edge or edge plus.

 

[TG1]

So for the 64 gb 6S+, I see $99 down, 18 payments of $23 ($414), and the $210 buy out. Total = $723 vs $849 at full price. Did I get this right? (state with no tax)

Also, does anyone know if there's a penalty for paying off early? Let's say I want to pay everything off the day I receive my iPhone. Will I still pay the $723 or does it revert to the full $849? Thanks.

 

[tigres]

Have a question if I may:
If I move to tmobile, which I am thinking of doing, can I put more than 99 down up front on the monthly plan to lower the monthly cost? I.E. instead of 99 down per device can I put down say 250 per device?

 

[androydtr8r]

So for the 64 gb 6S+, I see $99 down, 18 payments of $23 ($414), and the $210 buy out. Total = $723 vs $849 at full price. Did I get this right? (state with no tax)

Also, does anyone know if there's a penalty for paying off early? Let's say I want to pay everything off the day I receive my iPhone. Will I still pay the $723 or does it revert to the full $849? Thanks.

It will revert back to the original price. In order to qualify for the cheaper price you have to follow through the 18 month program. I don't remember what my lease read but it should be the same as the iPhone 6. Which you would pay a lil over 650 for a 64gb.

 

[androydtr8r]

Have a question if I may:
If I move to tmobile, which I am thinking of doing, can I put more than 99 down up front on the monthly plan to lower the monthly cost? I.E. instead of 99 down per device can I put down say 250 per device?

The increased down payment wouldn't lower the monthly it would lessen the length of time for you to pay it off. But if you're going on a lease don't pay more unless you are absolutely sure you're gonna keep the phone.

 

[androydtr8r]

Have a question if I may:
If I move to tmobile, which I am thinking of doing, can I put more than 99 down up front on the monthly plan to lower the monthly cost? I.E. instead of 99 down per device can I put down say 250 per device?

Correction...you can only lease so if you plan on jumping to a newer phone within a year then you're wasting money trying to put more down. Any money you put down for a phone isn't transferable to the next one. So if you pay $250 for phone #1 and 6 month later you want to trade in your phone for another one. You'll pay $250 plus whatever your 6 months worth of payments were. Then you'd have to pay another down payment for phone #2 and then start your new monthly price. I hope I explained that good lol.

 

[lordofthereef]

In seeing s few people mention about a down payment. They're crediting that full down payment for people who bought the 6 or 6 plus before September 8 on their jump on demand plan. Some people will see their monthly least rate go up but it will be offset by a monthly credit. Others will just lay the ~$108 down payment and have that full amount credited to their account next billing cycle (the latter is my case)

 

[tigres]

Thank you all for the information, so basically the less down the better then.
I assume there is no way to "buy" it unless you pay outright.

Correction...you can only lease so if you plan on jumping to a newer phone within a year then you're wasting money trying to put more down. Any money you put down for a phone isn't transferable to the next one. So if you pay $250 for phone #1 and 6 month later you want to trade in your phone for another one. You'll pay $250 plus whatever your 6 months worth of payments were. Then you'd have to pay another down payment for phone #2 and then start your new monthly price. I hope I explained that good lol.

It will revert back to the original price. In order to qualify for the cheaper price you have to follow through the 18 month program. I don't remember what my lease read but it should be the same as the iPhone 6. Which you would pay a lil over 650 for a 64gb.

The increased down payment wouldn't lower the monthly it would lessen the length of time for you to pay it off. But if you're going on a lease don't pay more unless you are absolutely sure you're gonna keep the phone.

Correction...you can only lease so if you plan on jumping to a newer phone within a year then you're wasting money trying to put more down. Any money you put down for a phone isn't transferable to the next one. So if you pay $250 for phone #1 and 6 month later you want to trade in your phone for another one. You'll pay $250 plus whatever your 6 months worth of payments were. Then you'd have to pay another down payment for phone #2 and then start your new monthly price. I hope I explained that good lol.

 

[androydtr8r]

Thank you all for the information, so basically the less down the better then.
I assume there is no way to "buy" it unless you pay outright.

Yes and no. There is 2 two otherways to "buy" your phone. The first is to go through apple and use there payment option or they're credit card option. The second, after your 18 month lease you have 3 options with your phone. A, pay the remaining balance and finally own the phone. B, trade the phone in and start another 18 month lease. Or C, turn in the phone and walk away, no strings attached (assume those that didnt enjoy their T-Mobile experience will use this option.) Pending what you want to do now or later down the road you have multiple options through T-Mobile or Apple

 

[mlody]

Someone already mentioned it but you are missing your $99 down payment which is really $108 cuz they add tax to it too. But if they "waived" it you're still gonna have to pay that extra $99 somewhere down the line. But whether it's $600 or $400 for both phones that's still a better deal then anyone else.

Plus, if you ever change your mind you can always use your 3 jumps in a year. Which would be even better given that no one else can upgrade without waiting a minimum of 12 months (pending next iPhone release).

There is no tax on this lease and I am not missing the down payment. I had an option to pay for it 64 GB upgrade upfront or add it my monthly payments - I chose the later one.
If I hadn't added it to my payments, my payments would have been $15 and $19 respectively.
I double checked with two different T-Mobile employees on two different occasions, so I am hoping that this is all %100 correct.

 

[mlody]

Yes and no. There is 2 two otherways to "buy" your phone. The first is to go through apple and use there payment option or they're credit card option. The second, after your 18 month lease you have 3 options with your phone. A, pay the remaining balance and finally own the phone. B, trade the phone in and start another 18 month lease. Or C, turn in the phone and walk away, no strings attached (assume those that didnt enjoy their T-Mobile experience will use this option.) Pending what you want to do now or later down the road you have multiple options through T-Mobile or Apple

Well, as it stands at this point, the T-Mobile option seems to be much more cost effective.

 

[ghsDUDE]

Things got SO screwed up tonight.

I received my 6s Plus last week and decided to bring my 6 Plus in (to return).

They had no idea how to trade back my first device. I never received a label/box when the 6s Plus arrived so I brought my old device to the store.

They literally took a screen shot and signed their name that it was returned and said the manager would figure it out tomorrow.

How did everyone else trade back in their 6 when they received their 6s from T-Mobile online.