- Dec 23, 2006
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So I just converted my big family plan with 7 phones to the new Verizon plan structure. I have the same service for everything, and am saving $90ish a month or so. However, it seems like with the new structure, having an upgrade available doesn't do anything for me unless I want a new phone. For example - my own line is available for an upgrade, but I just bought a Maxx 2 off contract a few months ago. I don't want a new phone, so I have no need to use it for anything. Even if I did, it wouldn't do me any good. With the new structure there's no discount for having a device payment (used to be $40/line for access, but you got a $25 discount if you had a device payment) so if I got say a S7, I'd have a new phone but be paying $28 a month more.
No longer can I use my upgrade, get a new S7 or something for $200, then turn around and immediately sell it and continue using my Maxx 2 I'm happy with.
So I think to me on my personal line, my upgrade has no value to me. I can't turn it around for cash anyway, I can't get a monthly discount for having a device payment either. For example with the old service, I could theoretically get a new iphone SE for $16.67 a month, and then get a $25/mo discount on my line access fees so I'm net savings of 8.33/mo, plus I have a new iphone I can sell for $300 cash
Did I just screw myself over by converting before using my upgrade? I think the only possible use I could get out of it now would be to transfer my upgrade to one of my other lines who have a device payment currently to let someone else upgrade early
No longer can I use my upgrade, get a new S7 or something for $200, then turn around and immediately sell it and continue using my Maxx 2 I'm happy with.
So I think to me on my personal line, my upgrade has no value to me. I can't turn it around for cash anyway, I can't get a monthly discount for having a device payment either. For example with the old service, I could theoretically get a new iphone SE for $16.67 a month, and then get a $25/mo discount on my line access fees so I'm net savings of 8.33/mo, plus I have a new iphone I can sell for $300 cash
Did I just screw myself over by converting before using my upgrade? I think the only possible use I could get out of it now would be to transfer my upgrade to one of my other lines who have a device payment currently to let someone else upgrade early