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I think it might be intensional on T-Mobile's part, but people seem to think they're getting credit for the value of their trade-in in addition to monthly credits for the new phone, but I read it that T-Mobile is giving credit for the trade-in as the monthly credits. That makes more sense since people want the new phone so much they forget that their current phone is still valuable. The amount T-Mobile is paying for your phone is $270 which is less than gazzelle which is much less than fair market value.
How did you get that number??
$270 is what you have to beat to get a better deal. $20/month without a trade in; $5/month with trade in; $15x18=270!

let me try to reply to both. :/

So i am currently on Jump so i have my current equipment plan. Since i have been on it for 12mths my current equipment balance is about $320. This is what i need to pay if i want to keep my phone. (buy out price)

Because i am trading in they will wipe off the $320 from my equipment plan "bill". Also because the trade in value of my current phone is about $330 they will give me a bill credit of $10 to make up the difference of the trade in. then i roll into the JoD program with the new iphone6s 64gb.

$27 monthly equipment charge
$(22) monthly credit back (which gets back to the $5 bucks you quoted)
$8 insurance (if i keep it)
40$ family plan
gets me to 53 a month. if i do 12 months 53x12. it equals $636 plus 100 for down payment total is $736.

Now IF i don't trade-in then i would have to pay the equipment balance of $320 and i get to keep my iphone6 space grey 64gb which i can resell like you suggested.

because i dont trade-in my cost or my bill would be with the JoD promotion:
$27 monthly equipment charge
$(8) credit back for the JoD promotion without trade-in this gets you back to the $19bucks
$ 8 insurance
$40 family plan
gets me to $67 so if i do 12 months 67 x12 = 804 plus 100 for 64gb is total of $904

the difference between $904 (No trade-in) and $736 (Trade-in) is $168 (additional cost to me if No trade-in)

so i would need to pay off the equipment of $320 and resell for $488 (320+168) just to break even. this excludes any additional fees, taxes or cost that might come with keeping my phone and unlocking it that i have missed.

Quantum
 
let me try to reply to both. :/

So i am currently on Jump so i have my current equipment plan. Since i have been on it for 12mths my current equipment balance is about $320. This is what i need to pay if i want to keep my phone. (buy out price)

Because i am trading in they will wipe off the $320 from my equipment plan "bill". Also because the trade in value of my current phone is about $330 they will give me a bill credit of $10 to make up the difference of the trade in. then i roll into the JoD program with the new iphone6s 64gb.

$27 monthly equipment charge
$(22) monthly credit back (which gets back to the $5 bucks you quoted)
$8 insurance (if i keep it)
40$ family plan
gets me to 53 a month. if i do 12 months 53x12. it equals $636 plus 100 for down payment total is $736.

Now IF i don't trade-in then i would have to pay the equipment balance of $320 and i get to keep my iphone6 space grey 64gb which i can resell like you suggested.

because i dont trade-in my cost or my bill would be with the JoD promotion:
$27 monthly equipment charge
$(8) credit back for the JoD promotion without trade-in this gets you back to the $19bucks
$ 8 insurance
$40 family plan
gets me to $67 so if i do 12 months 67 x12 = 804 plus 100 for 64gb is total of $904

the difference between $904 (No trade-in) and $736 (Trade-in) is $168 (additional cost to me if No trade-in)

so i would need to pay off the equipment of $320 and resell for $488 (320+168) just to break even. this excludes any additional fees, taxes or cost that might come with keeping my phone and unlocking it that i have missed.

Quantum
I get it now. You would be better off (for now) getting the jump on demand plan but the price you pay is that you're committed to jump on demand. That means overall, you're committed to paying more a year for new phones every year. That might work for you, but there are better deals out there for most people. For example, the downfall is that next year, you have to turn in your phone because its a loan, and lose the value of owning the phone.
 
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let me try to reply to both. :/

So i am currently on Jump so i have my current equipment plan. Since i have been on it for 12mths my current equipment balance is about $320. This is what i need to pay if i want to keep my phone. (buy out price)

Because i am trading in they will wipe off the $320 from my equipment plan "bill". Also because the trade in value of my current phone is about $330 they will give me a bill credit of $10 to make up the difference of the trade in. then i roll into the JoD program with the new iphone6s 64gb.

$27 monthly equipment charge
$(22) monthly credit back (which gets back to the $5 bucks you quoted)
$8 insurance (if i keep it)
40$ family plan
gets me to 53 a month. if i do 12 months 53x12. it equals $636 plus 100 for down payment total is $736.

Now IF i don't trade-in then i would have to pay the equipment balance of $320 and i get to keep my iphone6 space grey 64gb which i can resell like you suggested.

because i dont trade-in my cost or my bill would be with the JoD promotion:
$27 monthly equipment charge
$(8) credit back for the JoD promotion without trade-in this gets you back to the $19bucks
$ 8 insurance
$40 family plan
gets me to $67 so if i do 12 months 67 x12 = 804 plus 100 for 64gb is total of $904

the difference between $904 (No trade-in) and $736 (Trade-in) is $168 (additional cost to me if No trade-in)

so i would need to pay off the equipment of $320 and resell for $488 (320+168) just to break even. this excludes any additional fees, taxes or cost that might come with keeping my phone and unlocking it that i have missed.

Quantum
Per the fine print the iPhone 6 has to be paid off. I don't think you can use a jump device for this deal. If you have the previous $15month deal u can upgrade At the same $15month
 
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I get it now. You would be better off (for now) getting the jump on demand plan but the price you pay is that you're committed to jump on demand. That means overall, you're committed to paying more a year for new phones every year. That might work for you, but there are better deals out there for most people. For example, the downfall is that next year, you have to turn in your phone because its a loan, and lose the value of owning the phone.

Technically one is only committed for the next 18 months. On the other hand, one can always take the financial hit and opt out early. I'm on Jump 1.0 and just jumped to a $60 LG phone so I can break the cycle and switch to JOD. They just announced this deal and I would have considered it 5 days ago if it was a little better for my situation. I only had the Note 4 for 5 months and still owed roughly $600. No way are they getting near that number for paying off device with trade in. Now I'm just waiting to see the EIP get cancelled before getting my iPhone 6s+. Had to mail phone in since they no longer had $60 LG phone in local store.

I plan on going the full 18 months to maximize savings unless they have another deal like this when the 7 hits.
 
Technically one is only committed for the next 18 months. On the other hand, one can always take the financial hit and opt out early. I'm on Jump 1.0 and just jumped to a $60 LG phone so I can break the cycle and switch to JOD. They just announced this deal and I would have considered it 5 days ago if it was a little better for my situation. I only had the Note 4 for 5 months and still owed roughly $600. No way are they getting near that number for paying off device with trade in. Now I'm just waiting to see the EIP get cancelled before getting my iPhone 6s+. Had to mail phone in since they no longer had $60 LG phone in local store.

I plan on going the full 18 months to maximize savings unless they have another deal like this when the 7 hits.
It's a life long commitment because if you commit less, its a waste of money. Let's say you sign up for the 18 month deal, but only do it for 1 year to upgrade, you lose out on savings then. And after 18 months, you lose money if you don't recommit.
 
It's a life long commitment because if you commit less, its a waste of money. Let's say you sign up for the 18 month deal, but only do it for 1 year to upgrade, you lose out on savings then. And after 18 months, you lose money if you don't recommit.

I fail to see how one wastes money if one decides to trade in phone after a year, unless they are leaving T-Mobile. Anyone who stays with them and switches to a new phone will have saved money for a year like everyone else who keeps their phone up to that point, and then pays the same price as everyone else on monthly installments with 0% interest on new phone. No loss, no waste. Win.

Or, after 18 months one can purchase phone for $164, start plan again with iPhone 7, and then sell iPhone 6s for $250 - $300. Win-win.

Or, after 18 months one purchases the phone fo $164 and keeps it for 6 more months. Then gets the 7s and sells 6s for $150 - $200. Win-win.
 
I fail to see how one wastes money if one decides to trade in phone after a year, unless they are leaving T-Mobile. Anyone who stays with them and switches to a new phone will have saved money for a year like everyone else who keeps their phone up to that point, and then pays the same price as everyone else on monthly installments with 0% interest on new phone. No loss, no waste. Win.

Or, after 18 months one can purchase phone for $164, start plan again with iPhone 7, and then sell iPhone 6s for $250 - $300. Win-win.

Or, after 18 months one purchases the phone fo $164 and keeps it for 6 more months. Then gets the 7s and sells 6s for $150 - $200. Win-win.
You are still committed to an 18 month lease even if you upgrade after a year. When you trade in a phone, the amount T-Mobile pays you is given as monthly credits for 18 months. Upgrade early, and lose 6 months of credits. At 18 months, most will not buy out, because they don't want to have to sell the phone so they lose out because in essence, they rented a phone for 18 months.
 
Just completed a chat with T-Mo support person Jessica who verified my order is valid and no signature email was needed. She also removed the Jump feature.

And tonight I got my UPS tracking number for my phone.

–––––––––
UPDATE: 9/25/2015 1:04 PM EDT - Received my iPhone 6s in a plastic bag via UPS. NO signature needed for a $1000 item, just left it next to my front door ... and no ringing of the doorbell, either.
 
The article stated that there's a $164 buy-out fee at the end; is that fee the same no matter which phone/GB?
 
tmobile_iphone_chart.png
 
I currently have a 6Plus that i got around Launch date last year. I'm currently on the original JUMP program. The balance on the phone is: $437

What are the good and bad on getting the 6sPlus on the Jump on Demand.. Currently pay 31.24 which i believe includes Insurance etc. From what I can tell I will be paying, $9 a month? seems too good to be true?

Any help is greatly appreciated.

Thanks!
 
I currently have a 6Plus that i got around Launch date last year. I'm currently on the original JUMP program. The balance on the phone is: $437

What are the good and bad on getting the 6sPlus on the Jump on Demand.. Currently pay 31.24 which i believe includes Insurance etc. From what I can tell I will be paying, $9 a month? seems too good to be true?

Any help is greatly appreciated.

Thanks!

I'm in the exact same boat as you wondering the same thing.
 
I'm in the exact same boat as you wondering the same thing.


The jump program from tmobile is pretty compelling. The monthly lease costs have jumped a bit from the original program - it is now $5 per month (originally $3 per month) when you trade in a 6 128 for a 6s 128.

The numbers are compelling until you get into the insurance. They offered me $8 per month ($144 over 18 months) with a $175 deductible. That compares with $129 for Apple Care with a $50 deductible.

When you lease from tmobile you have to bring back a working phone with no scratches. Beware.
 
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