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Cost of new iPhone. can anyone simplify this for me? Please

Discussion in 'General Verizon Service' started by coleco, Sep 22, 2016.

  1. coleco

    coleco New Member

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    Hi everyone. first post. I am eligible for an upgrade. went to Verizon website and put 3 phones in cart (wife, son, me, etc). We are all eligible. Expected to see cost of about $400 a phone, plus tax, etc. Cost at checkout was $2500 and change. That is not what I was expecting. Again i thought would be $299 or $399 a phone depending on memory chosen. Chatted with the Verizon rep - she could not understand my confusion. She said because they are discounting something it was cheaper, blah blah. . did not really understand what she was saying. She wanted me to trade in 3 iphones at $249 to offset the price. That is not going to happen.

    Essentially looking for a breakdown. How is paying $749 per phone (the 7 with 128GB) upfront with no reduction in monthly data cost for lets say 24 months cheaper than $400 - subsidized with 2 year contract. It isn't, so why does everyone say it is cheaper to buy it outright. what am I missing? I know I am missing something but not smart enough to see it. We are longtime Verizon users but was told no 2 year subsidized plans for us!

    any quick thoughts would be appreciated. Thanks.
     



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  2. Spenceree

    Spenceree New Member

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    Sorry, i have no idea on it.
     

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