“I am an international student here in US and this contract thing is a bit confusing to me. Can I know how much in total I have to pay for this device including all costs? can somebody please explain?”
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Usually, Device Payment Plans (DPP) are more financially sound and more convenient for some customers. The ease of getting a phone with no upfront costs (aside from Taxes, Activation Fee later down the road, and any plan changes will be added to the next months bill). The full value of the device is mentioned, just below the shipping options, tax will be based on zip code, and that's all you'll have to pay when purchasing this device with a DPP. Similar to financing a vehicle through a bank loan; Small monthly payments are accepted at a fixed interest rate (which in our case is 0% interest), allowing the phone to be gradually paid off instead of paying full retail (which is often more expensive than the full retail if doing a DPP; example: Turbo 2 is currently $20/month for 24 months, after 24 months total paid is only $480, but full price, value is $598 which is all due at the time of purchase. The benefit for customers is the convenience and for Verizon, it's keeping us on their network for as long as possible. When a promo is used in conjunction with a DPP, the full DPP value is still to be charged monthly, however the trade in value will be also spread out across the length of the term, in some instances making the device "free."
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