The Windows 10 April 2018 update has arrived! Get the new Dell XPS 15, starting at $999.99
09-05-2014 07:45 PM
64 123
tools
  1. coip's Avatar
    We're on a family plan on Verizon: 6 lines, 12GB shared. All of us are on the 2-year contracts. 5 Windows Phone, 1 Android (sister). One of the lines is up today, meaning that my sister can finally ditch her Android and get a Windows Phone. She chose the Lumia Icon, but when she went to the store, the salesman talked her into doing Edge instead. I told her to go back and cancel Edge because I thought it was a rip off. Admittedly, I was basing this on outdated information from last year. Apparently, they have sweetened the deal a little bit that makes it much more difficult to determine if it's worth it or not. However, I wasn't in the store with her and thus, couldn't look at all the fine print and whatnot, but it sounds like this:
    2-year contract: $99 for the phone + $40 per month for service
    Edge program: $38 ($23 for the phone + $40 for the service - $25 monthly discount), and apparently she got quite a few accessories at a subsidized rate.

    So, the salesman's argument was that it's actually cheaper for her every month to do the Edge program and she gets additional benefits like she can upgrade early. After he explained the benefits of Edge, he was asked to explain the benefits of the 2-year contract and his response was "There are no benefits", which seems unlikely. So, what's the nitty gritty on this? Is a 2-year contract better or is Edge better? My skeptical take on the whole thing is that if a for-profit corporation is trying this hard to convince people to switch from 2-year contracts to Edge that they're doing so because it's good for them not because it's good for consumers. So, I told her not to do Edge and go with the 2-year contract instead, but she opted for Edge. Who is right?
    mary beth hale likes this.
    05-27-2014 06:15 PM
  2. Kebero's Avatar
    Edge, Jump and Next are great if you upgrade frequently or buy your devices full retail (but need a few months to get it all together).
    05-27-2014 06:45 PM
  3. Jazmac'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.
    05-27-2014 07:08 PM
  4. oditius's Avatar
    I almost signed up for the Next plan from ATT, till I found out I would be the next sucker for doing so. In the year you want to trade in the phone for a new one. Except your trade in better be in excellent shape. And if you decide to leave to another carrier, you have to pay off what you owe on the phone. No ETF, but paying off the balance on a $600 phone can be just as costly

    Sent from my Nokia Lumia 1520, w/AT&T using Tapatalk
    xandros9 likes this.
    05-27-2014 08:03 PM
  5. Mmazeo's Avatar
    If you love the phone and keep it two years I don't see how it's not a ripoff. Only way Edge makes sense is if you're looking to change phones constantly.
    05-27-2014 08:52 PM
  6. Blacklac'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.
    What do you like about ATT's plan? I was considering it, but I still thought it was not a great deal. Maybe I missed something.

    I also don't understand, you pick a 12 month plan, but finance the phone for 20 months? What if I stop getting a new phone every 12 months, I just continue paying monthly installments for another 8 months? I don't like that...
    05-27-2014 09:01 PM
  7. alchemyindex's Avatar
    On a two year upgrade the phone is $99 plus a $30 dollar upgrade, $40 dollar monthly access.
    On edge, the phone is zero dollars up front, sales tax is paid on the bill, then $37.91 per month, unless the plan goes under 10 gb, the 25 dollar discount for edge is cheaper than the monthly payment of 22.91
    05-27-2014 09:03 PM
  8. spaulagain's Avatar
    I almost signed up for the Next plan from ATT, till I found out I would be the next sucker for doing so. In the year you want to trade in the phone for a new one. Except your trade in better be in excellent shape. And if you decide to leave to another carrier, you have to pay off what you owe on the phone. No ETF, but paying off the balance on a $600 phone can be just as costly

    Sent from my Nokia Lumia 1520, w/AT&T using Tapatalk
    You have to do that with a subsidy contract too. If you sign a new contract, get a $600 phone at $99. Then two months later, break the contract and leave to another carrier, you bet your *** you're going to have to pay off the rest of that phone.


    At first these plans were a joke because they didn't discount the price of the plan. But now on the share plans, they do. So they're actually pretty good.

    I would say the biggest drawback, at least with AT&T is you have to turn the phone in at the 12 or 18 month point if you want a new phone. You don't actually pay off that phone until 26 months (not 24/2yr).

    I personally like to keep and sell my phones independently because I often get at least a hundred bucks which is more than the "trade in" value.

    I have a question for those that buy the phone outright, is your monthly plan discounted? Or are you still paying the $40 a month? If you are, then buying outright is actually worse from a pure costs perspective.
    05-27-2014 09:12 PM
  9. spaulagain's Avatar
    What do you like about ATT's plan? I was considering it, but I still thought it was not a great deal. Maybe I missed something.

    I also don't understand, you pick a 12 month plan, but finance the phone for 20 months? What if I stop getting a new phone every 12 months, I just continue paying monthly installments for another 8 months? I don't like that...
    Yes, you can trade your phone in (if in good shape) at the end of 12 months to get a new phone. The carrier uses the existing value (used price) of that phone to basically pay off or offset those remaining unpaid payments.

    If you don't get a new phone at that 12 months point, then you have to pay for it for 8 more months or upgrade prior to the end of pay term. If you get a new phone, then you just make the payments on the new phone and they keep the old phone to sell and recover costs.

    On the 18 month plan, its 26 months till it's paid off.
    05-27-2014 09:17 PM
  10. MikeSo's Avatar
    We're on a family plan on Verizon: 6 lines, 12GB shared. All of us are on the 2-year contracts. 5 Windows Phone, 1 Android (sister). One of the lines is up today, meaning that my sister can finally ditch her Android and get a Windows Phone. She chose the Lumia Icon, but when she went to the store, the salesman talked her into doing Edge instead. I told her to go back and cancel Edge because I thought it was a rip off. Admittedly, I was basing this on outdated information from last year. Apparently, they have sweetened the deal a little bit that makes it much more difficult to determine if it's worth it or not. However, I wasn't in the store with her and thus, couldn't look at all the fine print and whatnot, but it sounds like this:
    2-year contract: $99 for the phone + $40 per month for service
    Edge program: $38 ($23 for the phone + $40 for the service - $25 monthly discount), and apparently she got quite a few accessories at a subsidized rate.

    So, the salesman's argument was that it's actually cheaper for her every month to do the Edge program and she gets additional benefits like she can upgrade early. After he explained the benefits of Edge, he was asked to explain the benefits of the 2-year contract and his response was "There are no benefits", which seems unlikely. So, what's the nitty gritty on this? Is a 2-year contract better or is Edge better? My skeptical take on the whole thing is that if a for-profit corporation is trying this hard to convince people to switch from 2-year contracts to Edge that they're doing so because it's good for them not because it's good for consumers. So, I told her not to do Edge and go with the 2-year contract instead, but she opted for Edge. Who is right?
    Your case is atypical. The reason she's getting a slightly better deal on Edge than the two year regular plan is because of the 12 GB plan. Otherwise, if it was less than 10 GB plan, the discount would only be $10. In your case, and with the Icon, Edge is better than the 2 year plan it seems. ($147 savings over 2 years).
    05-27-2014 09:37 PM
  11. spaulagain's Avatar
    If you love the phone and keep it two years I don't see how it's not a ripoff. Only way Edge makes sense is if you're looking to change phones constantly.
    Incorrect, the discount on the Edge/Next plan is a fixed rate of $25/month. Most phones on the Edge plan are less than $25 a month on the 18 month plan, so your monthly bill will be less than what it was on a 2 year contract AND you don't pay the down payment which is usually $100 or more. Even when the monthly phone cost is more than $25 a month, the down payment on a contract would offset that cost anyways.

    For example (iPhone 5s 32GB) over two years...

    2 Year Contract
    $40/month Plan
    $0/month Phone
    $299.99 Down Payment
    ---------------------------------------------------
    $1259.99/2yr Total


    ATT Next (18 Month Plan)
    $15/month Plan (with Discount)
    $28.85/month Phone (for the full 2 years)
    $0 Down Payment
    ---------------------------------------------------
    $1052.40/2yr Total



    No Contract (Buy Full Price)
    $40/month Plan (no discount correct?)
    $0/month Phone
    $749.99 Down Payment
    ---------------------------------------------------
    $1709.99/2yr Total


    I'm assuming when you buy a phone outright, there is some kind of monthly discount. If not, it's the true ripoff.
    05-27-2014 09:51 PM
  12. spaulagain's Avatar
    Your case is atypical. The reason she's getting a slightly better deal on Edge than the two year regular plan is because of the 12 GB plan. Otherwise, if it was less than 10 GB plan, the discount would only be $10. In your case, and with the Icon, Edge is better than the 2 year plan it seems. ($147 savings over 2 years).
    Oh yes, the discount is better with the larger share plan. So I guess it depends on how many people are on your share plan. Which seems kind of ridiculous.
    05-27-2014 09:53 PM
  13. Robinsonmac's Avatar
    Its not a rip off at all. The rip off is if you buy your phone out right you still pay the subsidised phone price on your plan. I have 3 lines on Edge now & will have paid only $72 more over the course of the year for the ability to upgrade to a new phone now on all 3 lines(since it's past 30 days, all I have to do is pay 1/2 the retail price to upgrade or wait until i've paid enough intrest free monthly payments.) I get a $25 per line dicount on the $40 access charge on all 3 lines on Edge. On my Icon my monthly payment is less the the $25 dicount. My wife & daughters phones are $3 more per month per line or $6 total per month. For the cost of 1 starbucks coffee every month I get to upgrade, pretty much when I want. Or I can wait the full 2 years, sell the phone & upgrade.
    05-27-2014 09:54 PM
  14. anon5954042's Avatar
    My plan is to pay off my Icon within the next month or so and go prepaid.
    05-27-2014 10:01 PM
  15. Tepid's Avatar
    I have our Icons on the Edge plan, it was the only way I could go from the 928 to the Icon.
    The 928 was nice,, but the Icon was worth it
    I do hope that Verizon gets an even better phone by this time next year, cause I will take advantage of the Edge up again.

    It did add a little to our monthly bill,, but int he long run it will be worth it. I have found that the 2 Year wait is generally too long
    Especially right now with the frequency of new hardware changes that are on the horizon.
    Plus, this time Next year we will be seeing WP9.

    If I did not do the edge up plan, I would have had to wait at least till 2016 to upgrade.

    The Edge Plan is making that affordable in the long run to upgrade more often or even as needed.

    The pricing is based on 24 Month Payment Plan

    But once you pay off half (12 Months or Buy Out sooner) you can upgrade, (as stated), without a down payment in advance.

    The trade off is worth it in my opinion.
    csorian0 and TaliZorah like this.
    05-27-2014 10:49 PM
  16. iconuser165's Avatar
    I don't think Edge is a ripoff. I think it's designed for those who love to constantly upgrade to the latest and greatest. I am not that guy. When I buy a phone, I keep it well past the 2 year contract period. Bottom line for me was Edge would cost me $10.00 more per month (I have a family plan) for a service that I wouldn't really use. Everyone has to make their own decision of what value the Edge program has for them.
    05-27-2014 11:59 PM
  17. TheJoester09's Avatar
    Edge was a ripoff, but as soon as they implemented the $20/month discount, I jumped on it. Then they raised the monthly discount to $25/month, and now I'm REALLY happy with it! It's nice to know that when the next great Lumia comes out on Verizon, I won't have to jump through hoops to get my hands on it.
    spaulagain and KoukiFC3S like this.
    05-28-2014 07:23 AM
  18. oditius's Avatar
    I have a question for those that buy the phone outright, is your monthly plan discounted? Or are you still paying the $40 a month? If you are, then buying outright is actually worse from a pure costs perspective.
    I am on the BYOP family share plan, I pay $140 a month for 3 lines For Unlimited Text, Calls and 10GB data. I also save 20% from my job. 10GB a month normally cost $40 a month, but it's discounted $25 per line on my Bring Your Own Phone family plan. And being I have the only smartphone, I get to use all 10GB for myself.
    spaulagain likes this.
    05-28-2014 07:34 AM
  19. radmanvr's Avatar
    I made a thread about this topic when I made the switch to the Verizon Edge program I don't recall the exact details but basically I ended up paying $10 more for 6GB more data and 2 Icons. Still worth.
    05-28-2014 07:38 AM
  20. richard_rsp's Avatar
    I am currently on Edge with an Icon, and no, I do not feel it is a ripoff. On the contrary, I feel that the 2-year contract is a ripoff if you need 10GB.

    Currently, on Edge, I pay $100 for 10GB of data, $15 for line access ($40 minus the $25 discount for Edge), and $23.06 for the phone. $0 down (but paid $38.50 in tax on my first bill). That's a total of $138.06 (plus fees). [My wife also has a 2nd line on here, but I am leaving this out due to ease of calculation]

    If I would have been on a standard 2-year contract: $100 for 10GB of data, $40 for line access, and $99 (plus tax) down payment. That would be $140 per month (plus fees).

    While Edge is only a couple of bucks cheaper per month, it also gives me the option to buy out the phone at any time (and upgrade at any time), OR if I want to trade in after a year, I have that OPTION. Also, If I want to buy out the phone, I can do that as well, at the same price it would be to purchase it outright ($549 minus any payments I have made). With a 2-year contract, I am stuck with that phone and with a higher payment for 2-years.

    Now, if you use less than 10GB of data, then you would only get a $15 discount per line instead of $25, and the 2 year contract could save you about $10 a month. But you are still limited in your options mid-contract.

    IMHO, I am VERY happy with the Edge program!
    Last edited by richard_rsp; 05-28-2014 at 08:21 AM.
    nunyazz likes this.
    05-28-2014 08:10 AM
  21. boovish's Avatar
    We're on a family plan on Verizon: 6 lines, 12GB shared. All of us are on the 2-year contracts. 5 Windows Phone, 1 Android (sister). One of the lines is up today, meaning that my sister can finally ditch her Android and get a Windows Phone. She chose the Lumia Icon, but when she went to the store, the salesman talked her into doing Edge instead. I told her to go back and cancel Edge because I thought it was a rip off. Admittedly, I was basing this on outdated information from last year. Apparently, they have sweetened the deal a little bit that makes it much more difficult to determine if it's worth it or not. However, I wasn't in the store with her and thus, couldn't look at all the fine print and whatnot, but it sounds like this:
    2-year contract: $99 for the phone + $40 per month for service
    Edge program: $38 ($23 for the phone + $40 for the service - $25 monthly discount), and apparently she got quite a few accessories at a subsidized rate.

    So, the salesman's argument was that it's actually cheaper for her every month to do the Edge program and she gets additional benefits like she can upgrade early. After he explained the benefits of Edge, he was asked to explain the benefits of the 2-year contract and his response was "There are no benefits", which seems unlikely. So, what's the nitty gritty on this? Is a 2-year contract better or is Edge better? My skeptical take on the whole thing is that if a for-profit corporation is trying this hard to convince people to switch from 2-year contracts to Edge that they're doing so because it's good for them not because it's good for consumers. So, I told her not to do Edge and go with the 2-year contract instead, but she opted for Edge. Who is right?
    It is a complete ripoff. Not only do you have to pay 20 extra bucks a month, you don't even get to keep your device in the end.
    05-28-2014 09:42 AM
  22. MikeSo's Avatar
    It is a complete ripoff. Not only do you have to pay 20 extra bucks a month, you don't even get to keep your device in the end.
    You didn't read any of the thread, did you?
    spaulagain likes this.
    05-28-2014 11:03 AM
  23. ScottGeek'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....
    05-28-2014 11:28 AM
  24. MikeSo'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....
    Why do you think this thread was started?

    Have you done ANY research on what Next is, what the different costs are vs buying an Icon outright, on 2 or 1 year contract, etc? If you had, you would see that "YEAP... it's a ripoff! Do the math." is a ridiculous answer in all situations. You clearly didn't do the math for the situation posed in the OP. You might want to take your own advice.

    Personally, I paid the upfront cost (sadly it was $199 when I bought it :/) and got the 1GB plan for $60/month, so the math for Next didn't add up for me (I plan on keeping it for 2 years minimum), and paying upfront for a device that is basically tied to one operator (in order to get full functionality) if you plan on keeping it for a long time is just a waste of money. But for some, such as the OP, the math works out differently.
    05-28-2014 11:35 AM
  25. xboxonthego3's Avatar
    If you want to upgrade every year. This deal is worth it. I am on it now. But it depends which data plan. I am on a 10gb.
    05-28-2014 11:37 AM
64 123

Similar Threads

  1. 8x vs Icon (My Opinion)
    By GreenScrew in forum HTC 8X
    Replies: 7
    Last Post: 05-29-2014, 10:59 AM
  2. HTC One (M8)
    By boo516 in forum Marketplace Archive
    Replies: 4
    Last Post: 05-28-2014, 04:01 PM
  3. Replies: 1
    Last Post: 05-27-2014, 05:06 PM
  4. Grab a Nokia DT-900 Qi charging plate from an AT&T store for just 5 bucks
    By WindowsCentral.com in forum Windows Central News Discussion
    Replies: 0
    Last Post: 05-27-2014, 04:30 PM
LINK TO POST COPIED TO CLIPBOARD