4 ms·
If early termination fees are just ~$350, what's stopping people from doing that and selling the phone on eBay for $400? Am I missing something?
by recoiledsnake 14y ago
If early termination fees are just ~$350, what's stopping people from doing that and selling the phone on eBay for $400? Am I missing something?
- ceejayoz 14y agoIf you can do that, why would anyone be willing to pay $400 on eBay?
- benguild 14y agoBecause the combined eBay/PayPal fees are 10%, and you also have to pay $199 for the phone.
- padobson 14y ago+1 for doing all the math
- kurtvarner 14y agoIn short, nothing. CNET does a nice job at explaining the early upgrade situation. http://news.cnet.com/8301-33620_3-57512788-278/for-iphone-5-it-may-be-cheaper-to-jump-carriers-than-upgrade/ http://news.cnet.com/8301-33620_3-57512788-278/for-iphone-5-...
- fmax30 14y agoThis makes no sense, Lets say i was to get an iphone 5 keep it for 3-4 months so that is 199$ + 285$ termination fee. that makes around 485 $ , and then sell my iphone 5 for like 515 $. I would make a profit, or is there a 6 months or so no changing carrier clause. ( As i am not an american i don't know how these things work)
- dnissley 14y agoIf you kept it for 3-4 months you would still have to pay for service during that time, making it not really worth waiting just to pay a lesser termination fee.
- grecy 14y agoDo you have to give the phone back when you terminate?
- delinka 14y agoIf you did, that would eliminate the reason for the ETF (and also another profit point for the carrier.)
- grecy 14y ago>If you did, that would eliminate the reason for the ETF. I always figured the early termination fee is because you broke a contract. It's got nothing to do with if it costs the carrier any money, it's simply a penalty for breaking a contract.