lynxville |
10-03-2014 05:27 AM |
Quote:
Originally Posted by tuccillo
(Post 947298)
I am not sure how the Verizon 2-year contracts work but I assume it is similar to AT&T. Essentially, AT&T will charge you $15/month for a new phone plus the upfront costs. This amounts to $360. Assuming $300 upfront, you essentially would pay $660 for the phone with AT&T. Assuming the Verizon cost was about the same with your 5s, you essentially got back half the cost (or more) of the 5s phone with your trade-in. That strikes me as a pretty good deal since tech depreciates very fast - iphones seem to hold their value. Good luck with the new phone.
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That's not exactly how my Verizon contract worked. I was paying $60 a month for unlimited talk. I traded my clam phone in for $50, used that money to buy a Otter case. My new Iphone was free (not a 6) with unlimited talk and text, and 2 gigs of internet usage. Same price $60 a month plus tax of course, with 2 year contract. When the 2 years is up I will sell the phone to Verizon and take a new phone as long as it's free. The price never goes down after the 2 years, so I see no reason not to get new technology. So with my fuzzy math if the phone is worth $400 thats $16 per month off the $60, so its costing me $44 per month. If that phone is worth more, maybe I save $20 per month and then my bill is only $40 per month. I think its a great deal and when my dish internet contract is up I am dropping it, saving me another $60 per month.
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