raptir
Well-known member
Re: T-Mobile Jump Questions. Who's right?
Well, it's not a bad deal if you want insurance anyway. The cheapest insurance option I know of is Squaretrade, but at $5 per month they don't cover loss while T-Mobile does. But looking at Swappa, T-Mobile phones typically drop to about half their original cost as soon as the successor comes out. So if you're following the yearly upgrade cycle of your chosen phone you only end up losing the difference in cost between Jump and insurance, which is $5 per month if you don't care about loss and only $2 per month if you do.
If you wouldn't be taking insurance it's a pretty significant hit though.
Caps lock aside, you're correct: Jump isn't a deal, it's a convenience. You'll be far better off financially buying and selling phones yourself off contract, but most people don't want to go to the bother or don't have the money to spend up front.
Well, it's not a bad deal if you want insurance anyway. The cheapest insurance option I know of is Squaretrade, but at $5 per month they don't cover loss while T-Mobile does. But looking at Swappa, T-Mobile phones typically drop to about half their original cost as soon as the successor comes out. So if you're following the yearly upgrade cycle of your chosen phone you only end up losing the difference in cost between Jump and insurance, which is $5 per month if you don't care about loss and only $2 per month if you do.
If you wouldn't be taking insurance it's a pretty significant hit though.