Verizon. Should I do 2 year contract or go prepaid?

[GoodEnough]

They still have contracts for existing customers.
Just not new customers.

The benefit is to be able to subsidize your phone up front.
Contact = Get $600 phone for $200 today.
No contract = You buy your own $600 phone.

So, yea, contract is basically the same as making payments on a $600 phone.

 

[NutBucket]

Except to switch from my contract plan to their new plan setup would result in a few dollars savings per month but I would lose subsidies on 5 lines. So, it's not really the same 😉

 

[chitwood]

Typical break down is $X for a data pool + $Y per line charge. That per line charge is $20-30 less without contract. etc.

This is the key.

Okay, forget all the BS I've spouted in this thread so far, I am much more well informed now.

We went into Verizon over the weekend and threw the contract out the window. Line charges with Verizon on contract are $40. Line charges off contract are $20. Got the wife a 128GB iPhone 6S (for the price of a 64GB, yay holiday promotions) I did not upgrade, my LG G2 is still fast and awesome. Our bill is precisely what we thought it would be, with the $27 a month added on for her phone payment.

Nice! Thanks for all the information everyone.

 

[pete6032]

Being on a contract has been the cheapest option for me for quite some time when comparing what I get and plan cost versus other plans.

That being said, my current phone is a nexus and I won't hesitate to leave my current plan is I could find a service plan that is cheaper now that I'm out of contact.

 

[Chidoro]

Pure? No chance in hell I am paying $600 for a new 2015 phone.
I usually stick 1 or 2 gens back for the value sweet spot.

LG G2 seems to be working great again,
and I plan to milk it for as many years as possible.

Pure starts at $400 not $600.

 

[RossMAN]

Pure starts at $400 not $600.

Or if you wait for a deal, around $270-ish ($297 Amazon Warehouse Deal + 10% Chase Freedom).

Moto X Pure 2015 32GB white, expired last week unfortunately.

• Qualcomm Snapdragon 808 CPU
• 3GB RAM
• 32GB Internal Storage (w/ microSD card slot)
• 5.7" 2560x1440 IPS Display
• 21MP Rear & 5MP Front Cameras
• 3000mAh Battery
• Anrdoid Lollipop 5.1.1 OS recently upgraded to 6.0 Marshmallow

 

[GoodEnough]

How do I find out about the next warehouse deal? I regret not jumping on the pure for $300

 

[RossMAN]

How do I find out about the next warehouse deal? I regret not jumping on the pure for $300

1) Register here.
2) Create a deal alert.