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Phone contracts are 2-3 years. $10 a month would mean $240-360 in total. Is that correct? Here is Canada, the price tag from Apple is about $1300 (Canadian dol
by smnrchrds 9y ago
Phone contracts are 2-3 years. $10 a month would mean $240-360 in total. Is that correct?
Here is Canada, the price tag from Apple is about $1300 (Canadian dollar is worth less than US dollars). I can buy it from a carrier for $1000 upfront plus $15 a month for 24 month. There are other options to pay less upfront and more each month, but the total is always the same.
Can you really buy an iPhone X in the US with less than $400 total?
- ghostbrainalpha 9y agoHe must mean $10 a month more for the iphone X, rather than the iphone 8.
- valuearb 9y agoIn the US, in USD. An iphone X will be worth around $500 in two years. Your total cost (ignoring service costs obviously) of ownership would be $20-$25 a month (depending upon depreciation and interest costs). Buying an iphone 8 for $650, and having it worth 50% in two years costs you around $13 per month. Hence iphone X costs only about $10 a month extra. If you buy a super cheap android phone for $200, it essentially going to be nearly worthless in 2 years. Your cost of ownership is around $6-$8 a month. And these are devices we use heavily every day. If the benefits of s particular device are useful at all to you, it’s trivial to get the right one. Your monthly service costs are far higher than any specific phone costs.
- reaperducer 9y agoIf you're on the Apple plan in the U.S., the $10 works out to $120 because you can upgrade to a new phone after 12 payments. AT&T has a similar plan. I don't think I've seen any two-year lock-in plans anymore in a couple of years.