Ok I am lost can someone do a break down.
$40 for phone
$40 for wife's phone
$80 for 6g data plan
Do I profit if I switch to edge?
In reply to mozman68. Umm. So in that dudes case he is paying $3 more. The $20 is discounted off of the smartphone charge a month. The edge payment is separate from that. So he is still paying $23 roughly a month for his phone. If he wants to upgrade he needs to at least pay for half of his phone. Only half. So in twelve months he would have paid half. And he could trade in the phone and move unto the next one. Don't see where you get another $214 from. This deal isn't as bad as it once was. That article was written before they had made some changes recently. This new $10 or $20 discount makes the deal worth it in my opinion. Well the $20 discount anyway.
Ok I am lost can someone do a break down.
$40 for phone
$40 for wife's phone
$80 for 6g data plan
Do I profit if I switch to edge?
I have always gone to a non-Verizon store (because the Verizon reps at corporate stores tell me they are ?not comfortable? with my motive, opened a line, got the subsidized phone, swapped the sim and used the phone with best specs, then sold the phone on the other line for a non-contract price to someone and made a profit, then repeat... Cancel your open line after it expires and... Repeat.
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Don't you still end up paying for a line you're not using for 2 years? $40/mo * 24 months = $960 paid for a subsidized phone. Doesn't seem like a deal to me. What am I missing?
I'm probably wrong. I don't know. I've lost track. I just know at this point that I have 5 lines and I pay $300 per month for unlimited talk, text and 14GB per month shared... Somehow I've been able to renew the lines before they are expired to EXTEND the 2 years each time and get a phone at a subsidized price each time I extend. Then I sell the phone I had previously and make a couple hundred bucks after its been used for a year or so. Then almost all five lines are coming to end of contract by June. I plan to renew all 5 lines and get phones again and just sell them all and continue to use the phones we have. Somehow it seems to work, but I'm probably doing it wrong. Likely your missing nothing.
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Gotcha. I didnt realize that you were keeping the old phones active on the other lines. I guess if you are happy using 4 year old phones on each line, then more power to you. You can puy the new phones at the subsidized price, resell them for $100-150 profit and be happy. What will you do if one of the old phones happens to crap out soon after you've sold off all the new ones?
Another option (if they are willing to do it) is add a cellular tablet to your account (without the actual tablet) as they usually only run $10 month. You can then use that new number to get a subsidized phone.
Yes, you will pay $10 per month for nothing, but with the unsubsidized cost of a premium phone, it saves hundreds over the two years.