09-05-2014 07:45 PM
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  1. MazoMark's Avatar
    My plan is to pay off my Icon within the next month or so and go prepaid.
    Is there a prepaid option on Verizon that offers LTE? Last time I checked, I couldn't find one.
    05-28-2014 01:14 PM
  2. Tepid's Avatar
    Bottom Line... YEAP... it's a ripoff! Do the math. This also true of AT&T Next. The goal is to lock people in who don't have a lot of up front money... Now in the land of Free Market Capitalism.. what happen to those that don't really have the money up front to buy things... or for that matter folks that cannot afford to buy things? Yeap, businesses screw them over... in cleaver interesting ways.

    The best way to buy the over-priced phone is out right- it costs the most up front, but it's cheapest over the long term... next do the two-year... you're paying too much bend over plan... it's adds a bit to the cost and you're stuck with the carrier and device. And lastly, these Edge/Next schemes... if you don't want to do the math, search the web... people have done it for you.

    Each one of these has it's pro's and con's... Best thing to do.. research research... be a wise buyer before you hand over the money!

    ~ScottGeek....
    Oh yes, free market capitalism, that evil concept that screws the little guy all the time.


    If you can't afford it you don't need it.

    It's the subsidy that screw everyone
    ScottGeek likes this.
    05-28-2014 01:20 PM
  3. airjeff's Avatar
    I looked at it very closely a couple months ago. Here are some thoughts.

    - to consider it you need 10GB of data to get the larger discount
    - you can't switch phones on a line until the phone is paid for...so if you break it, you can't swap out for a spare.(and still make the edge payments) You have to get your phone repaired, pay off the remainder or pay the need amount to get you to the next upgrade early. All-in-all not too bad, but something to consider.
    - really pays off if you like new phones. you can pretty much get a new phone every year for about the price of the standard 2yr rotation on a contract. Again, depends on your plan if it works out this way. **edit** I I think I forgot to factor in the fact you don't get to sell your old phone, but I never do that anyway.
    - It is an awesome deal if you own your phone outright and get the $25/line discount. That means it's only $15/mo per line + data.

    In the end we didn't go with it. We have 10 lines, but only 3GB of data. So, without the bigger discount it didn't make sense. Also at the time it was only a $20 discount and no discount once the device was paid off. But depending on your needs the Edge program can save $$.
    05-28-2014 01:25 PM
  4. ScottGeek's Avatar
    Why do you think this thread was started?
    So people can add their comments and observations to the discussion? It's called a Forum...

    forum
    ˈfrəm/Submit
    noun
    1. a place, meeting, or medium where ideas and views on a particular issue can be exchanged.

    Yeap, I'm thinking that's the why... like the opinion in my comments... one does not require any agreement either with my opinion or the "why" I think the thread was started.

    Indeed, these plans deal with up front cost so people can get the latest greatest... or even just get a high end phone... this does work for lots of people. This does not mean it's the best choice... the latest twists on these plans is the addition of data usage discounts... this is the effort to make the apparent month-to-month cost look even better. There are paths through these plans that are cost effective...you just have to make sure you follow the restrictions.

    Personally, I already get as good a data plan discount with my "two-year own the device" route... I don't need another month-to-month subscription for a device I'm not going to own... plus I don't need the latest... at the end of contracts I sign, I look and measure to see if the latest really gives me anything over what I have... sometimes it does.... most times it doesn't (my phones are high end quad-core devices with lots of memory- not iPhones) But that's all me... that's not true for some of the people who have commented that they like these plans and that these plans are worth it to them....

    btw, got the speeches from both Verizon and AT&T about these plans... before they changed, changes they were thinking about, and what the current changes are in the rules (it helps being related to a Mobile Manager whose expert in this stuff)... .


    ~ScottGeek.
    05-28-2014 04:50 PM
  5. boovish's Avatar
    This is first person experience.
    05-28-2014 08:29 PM
  6. Robinsonmac's Avatar
    The OP will need a minimum $2750 to buy 5 phones up front. Pay $40 per line access fee plus the data plan cost. The 10 GB plan is $100, that's $2750 up front plus $300 per month.

    On the Edge the OP will need $0 down to get the phones except the sales tax for the total price of each phone. Lets call it $10 for each phone. Pay $15 per line access fee plus the data plan cost plus the intrest free monthly payment for each phone(the Icon is $23.06). The 10 GB plan is $100, that's $50 up front plus $290.30 per month.

    When buying the phone up front if you want to upgrade you have to sell the phone & hope you get at least 1/2 what you paid for it (the older it is the less likely that will be for WP, Iphones hold their value better, in one year you will be lucky to get $250 for the ICON) Lets say you get $300 1 year from now, to upgrade to a new phone you will have to pay at least $250 per phone(asuming the new phone is $550)

    On Edge you can Edge up to a new deivce after 30 days as long as 1/2 the cost of the phone is paid & you trade in your phone(you are only required to trade in your phone if you have only paid 1/2 the cost). OR you can pay off the phone, keep the discounts, sell the phone for $300(keep the cash) & Edge up to a new phone when ever you want(you get to Edge up for $0 since you paid off your phone)


    How is that a rip off??
    admorris#AC likes this.
    05-29-2014 04:06 PM
  7. Blacklac's Avatar
    I just paid ~$30 "taxes" for a 1520 on Next, so...
    05-29-2014 04:09 PM
  8. Robinsonmac's Avatar
    So that means you live in a state that has really high sales tax. Tax where I live is only 4.166%. Ist's still cheaper to pay $30 sales tax per phone up front than $550, So....
    05-29-2014 04:11 PM
  9. Blacklac's Avatar
    Yup, ~6%. Figured it was worth pointing out though, as an extra $20 per device adds up if were talking multiple.

    It was still worth it to me. My old Plan was ATT's 3GB Data Pro. Moved to there Mobile Share, basically the same plan, but either use Next or you buy the device. With Next, my monthly bill is nearly identical, but I now get a new phone in half the time. Sure, if I ever wanna switch, ill have to either wait til my last phone is paid off or pay it off outright. No biggie.
    05-29-2014 05:03 PM
  10. coip's Avatar
    So that means you live in a state that has really high sales tax. Tax where I live is only 4.166%. Ist's still cheaper to pay $30 sales tax per phone up front than $550, So....
    Just to clarify, no one iis advocating buying the phone outright at the start and then paying the $40 per month. That may be the norm elsewhere, but in the U.S. 2-year contracts subsidize the phone. You can get an Icon right now for $99 if you sign a two-year contract, so your previous calculations should consider that.

    It sounds like, the big benefit of contract over Edge is that you own your phone, but after two years on Edge don't you also own it? So what's the difference, especially if, for those on a 10GB or higher plan, the $23 Edge fee for the Icon plus the $15 monthly fee (instead of $40) means you're actually paying $3 less per month per line with the benefit of trading in early at 1 year for a new phone or keeping it for 2 years and having the same end result: you now own the phone and you paid less for it (no $99 down payment, plus $3 less per month). Am I understanding that correctly?
    b23h likes this.
    05-29-2014 06:37 PM
  11. DatabaseMX's Avatar
    Different Take
    For my Icon, I went with the Edge plan for one main reason:
    The Icon does *not* have a removable battery!
    If the Icon (or any) battery lasts 1 year, I will be amazed and very happy.
    I've had plenty of issues with batteries in other phones over the years.
    If the Icon battery starts to get borderline toward the end of one year, then I have an out.
    And of course, should I want to upgrade to some new hot phone, then I see that as easier with the Edge Plan.

    So, I guess you could say I'm on the Edge!
    ​===
    05-29-2014 11:40 PM
  12. loki993's Avatar
    The best way to buy the over-priced phone is out right- it costs the most up front, but it's cheapest over the long term...
    ~ScottGeek....
    It really isnt though..if you buy the phone outright your still paying that monthly subsidy fee.....but you do get to be month to month and keep unlimited data, if you still have it, if thats important to you its worth it.

    And the phones arent overpriced....the Icon was actually 50 bucks less then anywhere else when I was looking...
    05-30-2014 08:04 AM
  13. Robinsonmac's Avatar
    Just to clarify, no one iis advocating buying the phone outright at the start and then paying the $40 per month. That may be the norm elsewhere, but in the U.S. 2-year contracts subsidize the phone. You can get an Icon right now for $99 if you sign a two-year contract, so your previous calculations should consider that.

    It sounds like, the big benefit of contract over Edge is that you own your phone, but after two years on Edge don't you also own it? So what's the difference, especially if, for those on a 10GB or higher plan, the $23 Edge fee for the Icon plus the $15 monthly fee (instead of $40) means you're actually paying $3 less per month per line with the benefit of trading in early at 1 year for a new phone or keeping it for 2 years and having the same end result: you now own the phone and you paid less for it (no $99 down payment, plus $3 less per month). Am I understanding that correctly?
    After 2 years on edge you OWN the phone. On contract you don't really own the phone until you pay the ETF for breaking the contract. And yes you got right it is $3 cheaper. Edge is just an interest free payment plan. If you pay off the loan early you keep the phone if you want to get a new one, if you have paid at least 1/2 the price of the phone you trade it in to get a new one. But on Edge you a $25 discount on the $40 access fee with a 10 GB data plan or $15 with a lower data plan.
    05-30-2014 09:48 PM
  14. coip's Avatar
    After 2 years on edge you OWN the phone. On contract you don't really own the phone until you pay the ETF for breaking the contract. And yes you got right it is $3 cheaper. Edge is just an interest free payment plan. If you pay off the loan early you keep the phone if you want to get a new one, if you have paid at least 1/2 the price of the phone you trade it in to get a new one. But on Edge you a $25 discount on the $40 access fee with a 10 GB data plan or $15 with a lower data plan.
    What happens on Edge after 24 months? Do they still give you the $25 discount if you're on the 10GB+ plan? Or does it revert back to $40? If the former, you could really get a good deal on Edge if you hold onto your phone past 24 months, so I'm guessing the discount ends. Is that right?
    05-31-2014 03:58 PM
  15. trivor's Avatar
    Verizon is working really, really hard to get people off of Grandfathered plans. I have a really old (over 3 years) grandfathered family plan with corporate discount that is currently $82/month - 700 anytime minutes, one dumbphone (wife), one smartphone (grandfathered unlimited data plan, limited nights/weekends, unlimited Verizon network calls with pay for texts @ 15 cents/text. Neither one of us texts regularly (I use Google voice if I need to). Also, I get to upgrade my phone by using her upgrades (long thread on Android Central about keeping grandfathered unlisted data on Verizon) and we rarely go over 300 minutes a month (lots of minutes on Network or nights and weekends). If Verizon ever kills this plan for me my bill would go up 20-30% with a capped data plan. Whether this matters or not I don't abuse my unlimited plan (about 50/50 under 2 GB, and between 2-4 the other months) and if Verizon came to me and offered a tiered package for 4 GB @ $30/month (Tiered on my current plan is 2 GB) I would probably switch over so I didn't have to play the upgrade game to get a new phone. And, DON'T forget about taxes and fees for any of these plans - my bill is $82/month with everything included (taxes, fees, etc).. Everyone needs to run the numbers on their own (not in front of a salesman) to find out what is best for them. Also, Verizon has an excellent tool on their website (you need to be logged in) to determine your usage of Calls, Texts and Data over the last 6 months.
    05-31-2014 04:26 PM
  16. trivor's Avatar
    It's a lot easier if you just order online (wherever you get the best deal) to get your phones so you don't have to deal with salesmen. BTW, while your experience may vary, I have always had excellent service from both their customer service reps and tech support the few times I have had to call them. Also, except in a few cases in unique geography, Verizon coverage is the best (most reliable which means I can make calls and access the data network) of any carriers if you are talking about traveling Nationwide.
    05-31-2014 04:30 PM
  17. Kyle Boone's Avatar
    Paying for the phone and plan separately is still misleading because Verizon phones don't work on other carriers.
    06-01-2014 08:27 PM
  18. Robinsonmac's Avatar
    What happens on Edge after 24 months? Do they still give you the $25 discount if you're on the 10GB+ plan? Or does it revert back to $40? If the former, you could really get a good deal on Edge if you hold onto your phone past 24 months, so I'm guessing the discount ends. Is that right?
    According to 3 different Verizon reps & a store manager the plan doesn't change.
    06-02-2014 02:34 AM
  19. coip's Avatar
    According to 3 different Verizon reps & a store manager the plan doesn't change.
    That would mean if you kept your phone for 3 years you'd really get a great deal, right?
    06-04-2014 08:22 PM
  20. Dyskresiac's Avatar
    With the exception of AT&T's Next plan, I don't know that you do yourself any favors with these plans if you finance a phone. It is always best to buy your phone outright then pick your plan.
    Not with EDGE if you have 10GB or more:

    Without Edge:
    $ Up Front Cost
    $30 Upgrade Fee
    $40/mo Line Access
    Upgrade Eligibility: 2 years

    With Edge:
    $15/mo Line Access
    $22/mo Phone Charge
    Upgrade Eligibility: 1 year

    Full Price:
    $ Full Price of Phone Up Front
    (Do they charge Transfer Fee? I think they do.)
    $ 40/month Line Access
    Upgrade Eligibility- Today

    How do you figure the last option is the best?
    06-05-2014 12:19 PM
  21. Dyskresiac's Avatar
    According to 3 different Verizon reps & a store manager the plan doesn't change.
    There is a currently a PROMO that if you are off-contract you will keep the $15/mo.
    However there is no guarentee that "PROMO" will always be in place.
    06-05-2014 12:21 PM
  22. coip's Avatar
    I believe Verizon's discount for 10GB users on Edge has decreased from $25 off per month to $20 off per month. So, now it's an extra $60 per year, per line.
    06-07-2014 03:44 PM
  23. Kasey Pierce's Avatar
    TL;DR Yes.

    Verizon's Edge phone upgrade plan is the same bad ripoff as AT&T Next | The Verge

    If it sounds too good to be true, then it most likely is. Don't count on Verizon to be the good guy. If they can find a way to get more money out of you, and give you little gain in return they will. Don't get me wrong, i have 5 lines with Verizon. 4 smart phones and one feature phone. I love their service and LTE data is fantastic in my area (40-50Mbps not even the new spectrum) I just don't agree with their marketing schemes. I have 2 lines due for an upgrade, but am not willing to give up the unlimited data they carry. I really want a Lumia Icon (really REALLY badly), but it's not worth going to a tiered plan. With the Edge program, you end up paying way more than if you just stick to the 2 year cycle. I'm a HUGE tech geek, I drool over every new gadget announced and spec sheets are like looking at a Playboy centerfold. All that aside, even i'm not ultra materialistic enough to need a new phone more than every two years. Once phones get into the quad core/1080p area...threes really not much to me that's going to wow me to get another phone until i can buy an upgrade from someone who doesn't need it (any takers? :P).

    I would suggest sticking to what you have. Let us know what you decide!
    aximtreo likes this.
    06-08-2014 02:19 PM
  24. Robinsonmac's Avatar
    I whole heartedly disagree. That Verge comparison was from Las year before Verizon lowered their prices. The math adds up & numbers don't lie. If you get a phone who's payments are equal to or less than the $25 access discount Verizon gives you if you are on the 10GB data plan or $15 for any plan under 10GB, its as good or better. If the phones cost over $25 per month its up to customer to decide if being able to upgrade in a year for an extra $2 -$7 per month is worth it.

    I know for a fact I'm not getting ripped off and its not too good to be true.
    06-09-2014 12:47 AM
  25. kencaz's Avatar
    I am on the edge program... Currently paying 16.00 ea for our MotoX and Lumia 928. I called to order the Icon and what I have to do is pay the 133.00 which would bring to 50% of cost. Turn in my 928. The Icon normally is 27.00 a month on edge but I am getting a $10 discount which brings my total to 17.00 per month in addition to my share everything plan... That's only $1 over what my 928 is... I got on the edge because I knew I would be getting the Icon but were not avail yet at the time. It may cost a little more overall but I hate waiting for my contract to exp before I can upgrade... Probably going to pick it up Tuesday or Wednesday this week. Will be putting 8.1 on it...
    06-09-2014 02:21 AM
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