verizon edge trade in program.

[Mook Sweatpants]

Boost Mobile for the win bytches

 

[winb83]

Broken down perfectly by an engadget user


infotech032510 hours ago


For this example we will assume that Bob has the Galaxy S4 which currently retails at Verizon for $599.99. Bob has decided that the Galaxy Note 3 ($699.99) better suits his needs because it has a bigger screen and a stylus. Bob decides to take advantage of Verizon's Edge program. In order to use the Verizon edge program Bob must have at least 50% of his Galaxy S4 paid off ($299.99) before he can trade it in. Bob must also pay monthly installments on the Galaxy Note 3 for 24 months. So Bob will have paid $299.99 + $699.99 at the end of two years. Had Bob chosen to pay the $699.99 for the Note 3 and then sell his Galaxy S4 through Craigslist or Ebay for $300, he would only have $399.99 into his new Galaxy Note 3. However, since Bob used Verizon's Edge program he now has paid $999.98 over two years which is a difference of $599.99. So what is the point? You might as well call it interest! How much interest is it? Well lets see... r=i/Pt



r = 599.99/(699.99(2))
r = 599.99/1399.98
r = 44.85%

So a 44.85% interest rate... If I told you that I would sell you a phone on payments for 44.85% interest, would you be eager to jump on it?

http://www.engadget.com/2014/01/19/verizon-changes-edge/#comments

You don't add the $299 he paid into the S4 to the cost of the Note. Also the point is to lease these phones so the Note will never be paid off fully before its replaced with a newer model. Leasing is expensive but it you want new stuff more frequently it's a good option.

 

[PS5 Pro]

I got T-mobile on the free plan. All I pay is $30 a month
Now granted I only get 100min talk time, but unlimited Text and 4g internet
They also have the same price for 1500min talk and text, 30mb 4g internet, then I assume 3g afterwards?

I work from home these days, have a home phone, so I don't run out of minutes. If I did, its like 10cents a minute so $5 would give me another 50min

Then there is the plan that is exclusive to wal-mart (anyone can do it, just have to buy the card from wal-mart) where it is $35 for unlimted Talk and text. Same bootleg internet deal

If you want unlimited everything, its $50.200mb @ 4g, then afterwards at 3g hopefully but they don't say so I wouldn't be surprised if they lowered it to 2G

Now the family plans, if you have 4lines? $180 a month total for unlimited everything and 4G internet, not limits
That comes out to $45 a month per account.

Figure it out, then eat ppl. T-Mobile will pay for your early termination fee so you can leave your company today!!!

 

[R=G]

T Mob is on the mountain top laughing@ALL nyggas living silly. There is no freedom from us..just through us.

T Mob 2014 or GO HOME. Loser