Aikouka
Lifer
- Nov 27, 2001
- 30,383
- 912
- 126
To add, now there's a rumor that the iPhone 6 plus will still launch alongside the iPhone 6 on 9/19. There's also a rumor that the 5.5" iPhone 6 is called the "iPhone 6 plus".
How do you like the upgrade scheme? It looks like Edge is cheaper if you're an upgrade fiend. Here's my math for it...
Share Everything
You buy the initial phone at $399, and pay $40 per month for the entire 24-month contract. At 12 months, you buy a new phone off-contract for $829, and sell your old phone for $450.
$399 + $40 * 24 + $829 - $450 = $1,738
Verizon Edge
You pay nothing upfront and$34.54 $41.95 per month for the phone, and pay $30 per month. At 12 months (the required 60% pay-off period), you trade in your old phone and reset the cycle.
$0 + $41.95 * 24 + $30 * 24 = $1,726
EDIT:
Actually, I got the price wrong for Edge, because I divided the phone cost by 24 instead of 20. The thing is, over the course of two years, you'll end up paying over the whole time (since you would upgrade midway), which means while the cost is divided over 20 months, you still pay over 24. Hmm... it's no wonder Verizon switched from a 24-month scheme to a 20-month scheme. I'm not sure if I'm as interested now. I think the only real benefit is in the fact that I could also get 10GB of data for only $15 more a month vs my current 4GB plan. The limitations of the 4GB plan is why I rarely use my phone for video.
It won't discourage me. I'm doing Next, so I basically upgrade whenever I feel like it.
How do you like the upgrade scheme? It looks like Edge is cheaper if you're an upgrade fiend. Here's my math for it...
Share Everything
You buy the initial phone at $399, and pay $40 per month for the entire 24-month contract. At 12 months, you buy a new phone off-contract for $829, and sell your old phone for $450.
$399 + $40 * 24 + $829 - $450 = $1,738
Verizon Edge
You pay nothing upfront and
$0 + $41.95 * 24 + $30 * 24 = $1,726
EDIT:
Actually, I got the price wrong for Edge, because I divided the phone cost by 24 instead of 20. The thing is, over the course of two years, you'll end up paying over the whole time (since you would upgrade midway), which means while the cost is divided over 20 months, you still pay over 24. Hmm... it's no wonder Verizon switched from a 24-month scheme to a 20-month scheme. I'm not sure if I'm as interested now. I think the only real benefit is in the fact that I could also get 10GB of data for only $15 more a month vs my current 4GB plan. The limitations of the 4GB plan is why I rarely use my phone for video.
Last edited: