Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.

FatGuy007

macrumors 6502
Original poster
Apr 8, 2012
326
0
New York
This is confusing, if I restore and unlock the 200$ Verizon Phone, couldn't you just cancel your contract and use any sim around the world? What's the point of buying an unlocked one if it's 400$ more?
 
This is confusing, if I restore and unlock the 200$ Verizon Phone, couldn't you just cancel your contract and use any sim around the world? What's the point of buying an unlocked one if it's 400$ more?

What? The Verizon iPhone comes unlocked and you have to pay a $375 ETF fee if you cancel.
 
Oh, That makes sense. still 25$ cheaper though!

Plus you have to pay at least a few days worth of service before you can break your contract. Yes there are MANY threads about people buying iPhones from various vendors and then breaking contract after a couple of days and they generally save 50-75 bucks (because that 200 phone is really 650 without subsidy). Search man.... Search....
 
Plus you have to pay at least a few days worth of service before you can break your contract. Yes there are MANY threads about people buying iPhones from various vendors and then breaking contract after a couple of days and they generally save 50-75 bucks (because that 200 phone is really 650 without subsidy). Search man.... Search....

Agree. iPhone is $649.99 full price. Contract is $199.99. You save about $75.00
 

Attachments

  • Screen Shot 2012-10-14 at 11.22.57 AM.png
    Screen Shot 2012-10-14 at 11.22.57 AM.png
    10.9 KB · Views: 637
Agree. iPhone is $649.99 full price. Contract is $199.99. You save about $75.00

I posted this topic months ago, and actually, after some research it's not cheaper.

Why? Because you are still billed for the first month's charges actually. And, canceling within 30 days usually qualifies for returning the device/stopping the contract.

So take the 200+375+100 (average cost of iPhone on new line) = 675.
 
I posted this topic months ago, and actually, after some research it's not cheaper.

Why? Because you are still billed for the first month's charges actually. And, canceling within 30 days usually qualifies for returning the device/stopping the contract.

So take the 200+375+100 (average cost of iPhone on new line) = 675.

You are right. Charges like usage/tax/fee's for the little amount one uses the first month do add up.
 
This is confusing, if I restore and unlock the 200$ Verizon Phone, couldn't you just cancel your contract and use any sim around the world? What's the point of buying an unlocked one if it's 400$ more?

The Verizon iPhone 5 is already unlocked. You can put in an AT&T sim and you will get EDGE/3G/HSPA+( won't get LTE due to frequency differences). You can take it around the world and have it work on international carriers, etc.

The only reason to pay $649 is either not to be on a contract or to keep your unlimited data plan.
 
Full price is the way to go instead of contract break.

Time = $


You go in store ... Give all your personal info (have credit check ran)

Pay the sub $ plus activation fee

You have to call and cancel or go back to store ... Time time time as they try and pressure you in keeping your service

Pay for you pro rated service

You pay the cancelation penalty

They ran your credit and will continue to market to you possibly sell off your info

What did you save? In some cases $20-50 is this worth that

NO
 
Register on MacRumors! This sidebar will go away, and you'll see fewer ads.