What you are actually doing with a contract phone is paying for the phone on a time basis of 2 years and an interest rate that is not defined.
I may head over to Best Buy and get some numbers tomorrow to see just what the bottom line costs one has on a few contract phones. I just picked up the BB Sunday ad and it has a Samsung Galaxy S III for $99.99 + 2 year activation. Now if you buy one unactivated it is $699.99. Now to get the costs for the contract plan to see just what you are really paying and at what interest rate.
VG
|