Sprint Taking 'Wait-and-See' Approach to Phone Financing
Top message: what I took out of this is.... by sp_5015
Replying to: Re: what I took out of this is.... by T Bone
Re: what I took out of this is....
T Bone said:
I think carriers are just sick and tired of getting screwed over by customers who get a steep discount on a device, then cancel service a couple months later and take the device to another carrier....
Except on Sprint and Verizon, there are major limitations to doing that. Who are you going to go to? MetroPCS? A lot of phones Sprint and Verizon sell arent even programmable to be used on MetroPCS, BlackBerry for instance, many Android devices, and once you do that, the retail value of the device goes down majorly if you ever want to resell it and make money. The average person isnt doing that. Only ghetto people do that, and lets face it, they belong on prepaid anyway, and cant even get contracts.
Also, this isnt the first time Sprint has done this, Sprint did this in 2001 - how do I know? I bought the Samsung Uproar that way, I paid a small payment (equal to one month) for the device, and it was split up over 12 months for me on my bill to buy the device. Granted, it was done so I could purchase the device at the 1-Year Agreement Price, however it came with a stipulation..Should I miss a payment, or cancel service, the entire cost of the phone at full retail would be due. $500 at the time. So it paid to keep up on your bill.
I do not mind paying full price for my device, however, I want to dictate the terms of my contract if I am paying full price.
1. I want my device UNLOCKED any time I want it, from Day 1 to Day 365.
2. I want to determine my payments - Pay more upfront, lower the monthly costs on the device or pay nothing upfront, have a higher monthly cost on the device.
3. If I want to have a contract, I want to determine if I am wanting a 2-Year or a 1-Year (with the 1 year being a slightly higher cost).
- Re: what I took out of this is.... by T Bone