Legere the gawd
T-Mobile trade-in promo gets you an iPhone 6s for $5 per month
- Thread starter JordanWearinThe45
- Start date
Legere the gawd
you don't own it tho
dumb deal
fukk leasing
dumb deal
fukk leasing
Only reason I dont mess with Leasing is 1. I`m day 1 gang and dont want to be tied to only being able to upgrade via one avenue. 2.I prefer selling my old phones to pay difference of last phone since you make more money.
double post*
Not 100% correct. Its more of a 0% interest loan program. When you subscribe to the jump program you can buy any phone for full retail price. That price is then broken up into installments over the course of 2 years. If a new phone comes out that you want, jump gives you the option to return the phone you have. Tmobile then erases the remaining balance on that phone and allows you to buy a new phone at retail again and spread the payments out again as well. Jump also includes insurance on the phone.
It sounds like a lease, good deal for those who don't care about owning it.
Its not a lease. The phone is yours. You don't HAVE to give the phone back at any point. You are just liable for the cost of the phone. Just like when you have a car loan. The difference is Tmobile isn't charging you interest. I don't see how you see this as a lease.
It is lease lol, at the end of 18 months you have the options of paying the remainder balance or trading in and starting all over, thats exactly what a lease is. A Loan / EIP is paying a phone off over time. Jump On Demand is specifically a lease program as you pay less than normal EIP because at the end you have an option to trade in for a new phone or pay the balance in full of what the phone is worth at the time.
We're splitting hairs at this point. The phone is yours. You bought it. You are responsible for the full price of the phone. If you don't want the phone 6 months later you can return it for a different one with the jump program. Saying its an outright lease suggests that at the end of the "lease period" you have to return the phone, or if you end your business with tmobile, which isn't the case.
End of the day, it works and to say you don't own the phone is false.
With old plans, if you were to get a phone with Verizon for example, you would pay a subsidized price of $200 for an iphone. 6 months later if you didn't want it anymore you had no real option outside of paying full retail for the new one, and if you didn't like the service for whatever reason you had to pay an additional cancellation fee.
In either case, jump is the better option. It spreads out payments and allows you to swap phones on demand.
Yes that is the Case, with Jump on Demand at the end of 18 months you have to pay the phone balance in full or trade in. With the Old Jump you spilt phone in 24 payments and if you want a new phone before you pay it off then you trade in /pay off remainder. Jump On Demand is what all of these promos are for which is a Lease Agreement. Regular Jump and EIP in general is just splitting phone up to pay it off, but regular jump gives option to trade in and clear remainder balance.
School me then, because I didn't realize there is "Jump" and "Jump on demand". (No sarcasm at all)I wasn't aware of the terms, it just sounded like some iPhone forever program.
Messing with phone companies doesn't have to be so complicated. It's $5 a month so at the end of the 18 months you still have a $560 balance minus what they give you for your iPhone 6? Just sounds like they want to hook people in by offering them what I'm sure is less than what you can sell your iPhone for.
These companies are in the business to make money. Might sound like a good deal initially, but they always win in the end.