budmonster
Well-known member
Re: [Instruction]How to Keep Unlimited Data on Verizon
Ok, I understand the basic phone idea. Where does the 3rd iPhone come in? Are you saying once I add the basic phone I get an immediate upgrade? Then I just purchase the 3rd iPhone at the upgrade price. Once I get it I can sell it for a couple $100 and use that money to pay the $9.99/month for basic line? I'm just confused on how I purchase the 3rd iPhone? I know I get 2 new iPhone's b/c I'll be upgrading my current phones to them but don't understand how I get the 3rd iPhone at the 2yr price? And again this all optional right?
No.
Because it makes no financial sense to do that. Here I will do the math, but again, I have mentioned the fact that you can get 3 subsidized phones and sell one to recoup the cost of the added line so that it is FREE several times.
If you get a $0 basic phone, the cost of the added line (Line 3) is $9.99 + taxes/fees x 24 months + $36 activation fee. Where I live, that is $312 + $36 = $348.
If you do it my way and buy a used basic phone for $20 and get an extra iPhone 5s to sell from best buy for $125, they are selling for $610-$650 on swappa.com now. Where I live you don't pay tax on the full value of the phone like in California, so where I live at best buy I could get a new iPhone for $132.50 + $36 activation fee = about $170. Add in the $20 for the basic phone and the cost is $190.
Assume I could only sell the extra iPhone 5s for $610. The swappa fee is $10, paypal fees are $18 and to ship signature required and insured, about $20 depending how far away you are shipping to. So after paypal fees, swappa fees and shipping fees, I net about $560. Then I paid $190 for it, the activation fee and the basic phone so I net $370. But the added line only costs me $348 for 2 years, so I actually made about $20 by doing it this way.
If you sell the extra iPhone 5s on craig's list, you may be able to do even better because no swappa, paypal or shipping fees.
So which makes more sense to you - to get a free basic phone but pay $350 for the next 2 years for the added line or to get a used basic phone and an extra iPhone 5s and earn enough by selling the extra iPhone 5s to pay for the cost of the added line for 2 years and actually make an additional $20 off the deal as well as having a FREE added line with a basic phone on it?
And you can still do it my way and get an extra iPhone 5s and use the ghost ESN instead of buying a used basic phone. Then you would make $40, but of course, you don't have a spare basic phone to use.
Ok, I understand the basic phone idea. Where does the 3rd iPhone come in? Are you saying once I add the basic phone I get an immediate upgrade? Then I just purchase the 3rd iPhone at the upgrade price. Once I get it I can sell it for a couple $100 and use that money to pay the $9.99/month for basic line? I'm just confused on how I purchase the 3rd iPhone? I know I get 2 new iPhone's b/c I'll be upgrading my current phones to them but don't understand how I get the 3rd iPhone at the 2yr price? And again this all optional right?
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