T-mobile announcements: Upgrade twice a year (Jump), 116 LTE markets etc.

[winb83]

this is basically leasing a phone. you enroll in a payment plan for the phone that you'll likely never pay off because you'll trade the phone in and enroll in a new payment plan for the next phone.

on top of making monthly payments for the phone you'll also have to pay $10 a month for the JUMP plan.

i'll continue to do what i do now. keep my phone in good condition and sell it after buying another phone second hand that's just been released. people will gladly use their upgrades then sell that phone which is basically brand new for more than they paid but less than full retail.

 

[Smooth3d]

this is basically leasing a phone. you enroll in a payment plan for the phone that you'll likely never pay off because you'll trade the phone in and enroll in a new payment plan for the next phone.

on top of making monthly payments for the phone you'll also have to pay $10 a month for the JUMP plan.

i'll continue to do what i do now. keep my phone in good condition and sell it after buying another phone second hand that's just been released. people will gladly use their upgrades then sell that phone which is basically brand new for more than they paid but less than full retail.

That fine also. This is for the people who may not have the time or go thru the effort of selling their old phone thru ebay/craigslist/swappa etc. Jump is not for everybody but is a good program. Better than 2 yr contracts the others lock you in.

 

[Smooth3d]

My friend that's worked there for 10 years told me the other day. He said they are gonna rehaul all the plans

Yes they announced it. Look at my link in this thread.

 

[winb83]

That fine also. This is for the people who may not have the time or go thru the effort of selling their old phone thru ebay/craigslist/swappa etc. Jump is not for everybody but is a good program. Better than 2 yr contracts the others lock you in.

edit my math is wrong:
you have to pay $145 down and $20 a month for an iPhone you'll have to pay out $120 in monthly payments. so for 6 months its $145 down and $120 in monthly payments or $265 then add the $60 for 6 months in the program. you're paying $325 for 6 months. the next 6 months are shaky. you can trade your phone in. if you're lucky you'll be able to have that TIV eat the down payment and still have to pay a whopping $500 a year for your phone.


sometimes i've kept a phone 2 years or even more. i only upgrade when i see tech that i want on new phones. much of the time annual upgrades aren't worth it because the tech doesn't change enough.

i see this plan as a ripoff.

 

[Smooth3d]

if you buy an iPhone and its $199 you'll have to pay $18.30 a month for it. in 6 months you will have paid for half the full upgrade price but then you'll turn that phone in and get a new one. so you paid $110 and have nothing to show for it.

in a year you'll pay out $220 for nothing. as you can see this isn't a good deal because next year and the year after that and so on you'll continue to pay $220. meanwhile T-Mobile will likely take your used phone and referb it out and sell it for something close to $200 so they make more money off you and you pay more.

sometimes i've kept a phone 2 years or even more. i only upgrade when i see tech that i want on new phones. much of the time annual upgrades aren't worth it because the tech doesn't change enough.

Okay I see I have to break it down for you.

$145.99 down payment, 21 x 6 (126), $10 x 6 (60) which includes insurance. Equals too 335.99.

A new iphone 5s/6 I'm guessing will be $649.99. 649.99-335.99 = 314.00. Now turn in your Iphone 5 and pay 145.99 for a new iphone 5s/6 at current pricing. You are only losing money if you are try to flip your phone for a profit. Your remainder of your org eip is waived.

Plus reg iphone insurance is $12 So technically you are saving 2 dollars a month even if you never upgrade.

 

[winb83]

Okay I see I have to break it down for you.

$145.99 down payment, 21 x 6 (126), $10 x 6 (60) which includes insurance. Equals too 335.99.

A new iphone 5s/6 I'm guessing will be $649.99. 649.99-335.99 = 314.00. Now turn in your Iphone 5 and pay 145.99 for a new iphone 5s/6 at current pricing. You are only losing money if you are try to flip your phone for a profit. Your remainder of your org eip is waived.

Plus reg iphone insurance is $12 So technically you are saving 2 dollars a month even if you never upgrade.

buying insurance on consumer electronics is typically a waste of money.

i've never had cell phone insurance on a phone through my cell phone carrier and never broken my phone when i was in a contract. if you take care of your phones you don't need insurance. i've had 3 EVOs (4G, 3D, LTE) one Palm Pre and an iPhone 5 and never cracked a screen. the only damage i did was a broke the USB port on my 3D and traded it in and used my upgrade to get an EVO LTE.

 

[Smooth3d]

buying insurance on consumer electronics is typically a waste of money.

i've never had cell phone insurance on a phone through my cell phone carrier and never broken my phone when i was in a contract. if you take care of your phones you don't need insurance. i've had 3 EVOs (4G, 3D, LTE) one Palm Pre and an iPhone 5 and never cracked a screen. the only damage i did was a broke the USB port on my 3D and traded it in and used my upgrade to get an EVO LTE.

Yeah but you are not most people. Most carry insurance in their smartphones.

 

[winb83]

Yeah but you are not most people. Most carry insurance in their smartphones.

its paying $120 a year for basically nothing unless you're very irresponsible.
if you dropped your phone and cracked the screen it probably wouldn't cost much more than that if that to get the screen replaced. why pay annually for that if you haven't even broken it yet? on top of that if it does break you have to pay a deductible that's likely equal to the cost of repair to get another phone.