Can Best Buy Charge me if I resell their contract phone for a profit?

[AC Question]

I upgraded my contract with Sprint and signed the two year contract. I went ahead and purchased a Note 5 at a subsidized price at Best Buy. The sales rep mentioned to me that I can't turn around and sell that phone for a profit because Best Buy doesn't allow that. Is that true and the phone is locked to the contract? Or can I resell that phone for the full regular price with no issues?

 

[dswatson83]

There is a time period in the contract that you have to keep the line open... Otherwise best buy doesn't get credit for the sale from the carrier. I don't remember what the amount of time is though. You don't need to keep it the full 2 years... It's definitely less than that

Posted via the Android Central App

 

[maskedcarrot]

Chargebacks are usually 6 months.

 

[plumcrazy]

as long as you paid it in full, then no. and if im wrong, as long as they got their money for it, they are not chasing YOU for it

 

[dpham00]

Best buy doesn't allow it, but at the same time best buy doesn't have a secondary etf, so you are only stuck with the terms from sprint.