To EDGE or not with Verizon for single line

Discussion in 'iPhone' started by Doctorsti, Sep 11, 2014.

  1. Doctorsti macrumors regular

    Joined:
    May 30, 2006
    #1
    Now I have more everything with 4GB and pay $110 before taxes. I typically use between 1-2 GB a month and maybe a couple months a year use 3-4 if we are on a road trip.

    I have read up a ton on this subject but I still don't think I truly understand the value of the EDGE program.

    My contract is up 9/18/14 but I plan on pre-ordering the 6 tonight and tomorrow changing my plan to that single line plan for $60 a month for 2GB.

    I will also have the $200 gift card to apply to my device cost from trading in my old iPhone4.

    The rep I chatted with earlier basically said I could apply the $200 to my device retail cost so I could "edge out" earlier as I would reach 60% faster although the monthly device costs wouldn't change.

    If I would like the option to upgrade to a different phone in 12-14 months should I go EDGE or just get the 2 year contract single line plan and pay the subsidized price of the 6 Plus 128GB at $499.99 (or so she told me)? The ETF goes down $10 each month so would be around $200 I think after a year which may be cheaper then the balance of the retail cost of the iPhone 6.

    Seems like you need a math degree to make sure you are not getting taken advantage of here but I figure someone on this forum has been in this situation or has an expert opinion.
     
  2. joshwithachance macrumors 68000

    joshwithachance

    Joined:
    Dec 11, 2009
    #2
    In June Verizon kind of ruined their Edge plan changing the amount of device paid off to 60% before swapping out, and making monthly payments larger due to dividing the cost over 20 months instead of 24. For these reasons I'm going with the $60 single line plan. Also, I can order directly through Apple this way.
     
  3. Doctorsti thread starter macrumors regular

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    #3
    So say you wanted to upgrade to a fictional iphone 6S plus in 12 months. how much would it cost to get out of the contract and could you just sign another verizon contract for a subsidized phone?
     
  4. Apollo 13 macrumors 6502a

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    May 29, 2010
    #4
    still not bad it's just set up that you can't upgrade until that 12 month unless you put money down.
     
  5. joshwithachance macrumors 68000

    joshwithachance

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    Dec 11, 2009
    #5
    It's a deal breaker to me because their previous Edge plan was actually pretty awesome: Pay half of the device and lower monthly installments. But you're right, it isn't HORRIBLE now.

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    Well it would be $230 to break the contract at that point. I don't think you can reopen an account immediately though.
     
  6. puma1552 macrumors 601

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    Nov 20, 2008
    #6
    At least when I was looking online before, you could not get the single plan line on Apple's site…AFAIK you can only do the preorder through Verizon's site for that.
     
  7. accountforit macrumors 6502a

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    Jan 22, 2014
    #7
    Don't do edge. If you want to cancel early, it only costs $350 for early termination (minus $10 for each month into your contract).

    EDGE is not a deal.
     
  8. Doctorsti thread starter macrumors regular

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    May 30, 2006
    #8
    To upgrade after 1 year on a 2 yr contract requires paying the ETF of $350-($10)x# of months so $230 to get out and then sign a new contract?

    So the question is does the $120 saved from $10 discount per month plus $30 upgrade fee plus the remaining balance of the phone equal to a lot more the $230 right?

    I would guess the ETF fee is going to be a couple hundred dollars cheaper then opting to turn in your edge device and getting a new one right?
     
  9. joshwithachance macrumors 68000

    joshwithachance

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    #9
    Preorder through Apple on a more everything plan, change to the single line plan when you get the phone.
     
  10. accountforit macrumors 6502a

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    Jan 22, 2014
    #10

    I don't think you can access the new $60 a month deal through Apple. I tried to go through the motions last night with the 5S and that plan was not listed. It is a new LIMITED TIME plan and it wasn't listed on the Apple website.

    Just a heads up. I would stick with the Verizon website or calling them.

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    And that would be advantageous for what reason?
     
  11. Doctorsti thread starter macrumors regular

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    May 30, 2006
    #11
    Yeah the math seems to favor just getting the subsidy and paying the up front money to keep your phone for sale to recoup funds.

    I guess I will do the 2 yr contract single line plan for $60 a month and just pay the $500 up front for the iPhone 6 Plus 128GB
     
  12. joshwithachance macrumors 68000

    joshwithachance

    Joined:
    Dec 11, 2009
    #12
    Or just preorder with a more everything plan, and change it myself when I get the phone :)

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    The $500 up front is a hard pill to swallow, but when you're paying $66 a month it starts to feel less painful pretty quick.
     
  13. pragmatous macrumors 65816

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    #13
    I think i'm going to buy the phone at full cost and BYOD to AT&T with their 65 dollar a month plan.

     
  14. Doctorsti thread starter macrumors regular

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    May 30, 2006
    #14
    Yeah the CS rep I chatted with said I could get the pre-order in tonight on a more everything plan and then call tomorrow to have my plan changed to the single line plan. I'm guessing since my contract isn't technically up until the 18th that I can't choose single line plan tonight during preorder.
     
  15. accountforit macrumors 6502a

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    Jan 22, 2014
    #15
    Smart man. I am doing the same but going with the 6. I have done all the calculations throughout this week. It's your best option. AT&T is actually more expensive too.

    I have been on Straight Talk for 2 years and can't believe signing a contract with Verizon is actually a better option this time around. Who would have thought?
     
  16. Doctorsti thread starter macrumors regular

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    #16
    So with my current plan I can pre order through Apple.com or Verizon and just change plans tomorrow, right?
     
  17. accountforit macrumors 6502a

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    Jan 22, 2014
    #17
    Why? You can get a subsidy with Verizon and pay less per month.

    Less initial outlay, and less monthly cost.
     
  18. pragmatous macrumors 65816

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    May 23, 2012
    #18
    The 60 dollar a month plan is limited. It's to get you to stick around for another 2 years. Verizon isn't stupid they know what they're doing to get people to not jump ship.

    It begs the question; why are people jumping ship.

     
  19. joshwithachance macrumors 68000

    joshwithachance

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    Dec 11, 2009
    #19
    If you're buying at full cost I'd ditch post paid altogether and use the $45 3GB plan from Cricket Wireless, which is full fledged AT&T anyway.
     
  20. pragmatous macrumors 65816

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    May 23, 2012
    #20
    I dunno the 60 dollar a month plan is alright but you can't use it as a mobile hotspot right?

    To use it as a mobile hot spot I think you need the everything plan which is 90 a month. Verses AT&T which is 65 a month.

    I'm still on the fence. i dunno ...

     
  21. Doctorsti thread starter macrumors regular

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    May 30, 2006
    #21
    Isn't the promo plan $60 a month for 24 months? Where's the catch? You will be out of contract and free to sign where you please when the promo ends in 2 years.
     
  22. accountforit macrumors 6502a

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    Jan 22, 2014
    #22
    I think Verizon is realizing there is less separating them from the rest of the pack these days. Competition causes price drops and that is what we are seeing year after year.

    2 years ago I left AT&T because my bill was $80+ a month for the basic stuff. Now everyone is cheaper.
     
  23. joshwithachance macrumors 68000

    joshwithachance

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    #23
    Or maybe they realize that not everybody is on a family plan. Competition helps too.
     
  24. Doctorsti thread starter macrumors regular

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    #24
    Whoa! No free hotspot with single line plan?

    That is a game changer as I hotspot my ipad all the time?
     
  25. pragmatous macrumors 65816

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    May 23, 2012
    #25
    But can you use the data for mobile hotspot?

    I'm not even sure if I'd use it either.

    I still got an hour to decide ...



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    lol i had thoughts I might do it if I was able to! :p

     

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