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Carrier Verizon 2 year contract price
- Thread starter tl01
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.You do realize you are eventually paying FULL price for that phone.
Just went through this with a family member that was convinced he was getting an upgrade for only $300. Add in the monthly costs for service and he finally realized it cost the same to buy it outright.
Everybody things they are getting free upgrades. Really not sure why the carriers are discouraging this thought process. It has fooled most people for a long time.
Just went through this with a family member that was convinced he was getting an upgrade for only $300. Add in the monthly costs for service and he finally realized it cost the same to buy it outright.
Everybody things they are getting free upgrades. Really not sure why the carriers are discouraging this thought process. It has fooled most people for a long time.
Yep... Just asking for a friend. I bought my phone with the apple upgrade program. She still likes the 2 year plan... And really with her plan it might actually be cheaper for her that way.
It's actually cheaper for me and my other line to stay on a 2yr contract with the service discounts we get and promotional plan on Verizon it would be much more expensive to change over to their newer plans.
Most don't work out that way but some do and I've had Verizon employees basically taunt me for not switching insisting I would save money because "that's what our new plans do". Well I can do math and it's much cheaper for me to stay on my 2yr contract
Most don't work out that way but some do and I've had Verizon employees basically taunt me for not switching insisting I would save money because "that's what our new plans do". Well I can do math and it's much cheaper for me to stay on my 2yr contract
Not really. Never assume everyone has the same plans.
The proof l
You do realize the more share everything/verizon plans were originally such a rip off that they have had to tweak it multiple times.
You realize there are those on grandfathered tiered voice plans who can mix and match smartphone with dumb phone that don't require data plans which offer more savings than the current available plans.
It's such marketing genius Verizon and other carriers have managed to INCREASE account revenue while still tricking the public. Trust me, I own both ATT and Verizon stock. You have to realize it from a business standpoint. Verizon PER SUBSCRIBER revenues were going down big time until they starting shifting towards the share everything model. Now they report to investors PER ACCOUNT revenue which is going up. What does this mean?
It means they managed to charge people more money. Simple as that. Don't think the carriers are consumer friendly. These "full price" installment plans are still full price. When many third parties offered discounts on various phones especially after a few months. Say LG G3 would be $199 on 2 year contract. But Verizon and it's third party resellers sold it for $49 as week early on. Yet you went installment, you would still being paying the full retail price even 6-12 months down the road. So ask yourself, why are people paying $600 for a LG G3 in installments 6 months down the road when the 2 year contracts had it significantly discounted close to "free" on contract.
But installments allow the carriers to control MSRP pricing. And with exception of iPhones, all other phones (blackberry, windows and especially Android phones drop so much in value that no one should pay MSRP in installment plans after 3 months)
Even though you are are certainly not getting a phone at a low price, depending on the plan you are on it can still be cheaper to be on a contract than to buy the phone outright or be on a payment/financing plan.