It says $350 for the 2 year contract and from then on $36 per month for the device. Buying the phone off contract is $900, but $350 + $36*24 is about $1200. Please tell me I'm reading this wrong, monthly payments after $350 down should be more like $23. null

Question

GullicksonC · Accepted Answer

Hello Dalton,
Sorry, I'm afraid that you misunderstood the plan options. You have the option to do the following:
Pay $350 for a 2 year contract and pay no more
Pay $36 monthly until you have paid off the phone
or
Pay $899.99 and not be tied to a contract.

When you pay for the 2 year contract you ONLY pay $350 for the device, you will not be billed any additional charges for the device. The 2 year contract is the best deal so that you only pay $350 and not the full value of the device. I'm sorry that you misunderstood.

SPEAKStheTRUTH · Answer

You need to read all the information. You choose either (1) $350 for a 2 yr upgrade OR (2) you pay $36 a month for 24 months, with no contract. I hope this answers your question.

Jamie · Answer

You will still end up paying over $800 no matter how you purchase this phone. Whether, outright, device payment or 2 year contract. See below. 
Found this useful info on Reddit:
The $349 price requires you to enter a 2-year contract with Verizon. Verizon's website says your Line Access Fee will increase by $20 per month (to $40 per smartphone) during the 2-year contract period. Your total cost over 2-years will be 349 + ($20 X 24months) = $829. There might be a slight increase in the monthly "surcharges, fees, & taxes" part of your bill, but I'm not sure of that amount. Verizon says there is no increase to your monthly Line Access Fee (stays at $20 per smartphone) if you purchase the phone outright ($849.99 + any sales tax at BestBuy) or on the Device Payment Plan (without a 2-year contract requirement), for $36 per month for 24 months ($864). Total cost will end up very close either way so go with what works best for you.

Guest · Answer

I believe you are reading that wrong. The $350 is what you would pay for the phone on a 2 year contract. Why that is even an option, I am not sure. The $36 a month is seperate deal for the non contract device payment option. 

Im not even sure verizon offers contracts anymore for new customers. I have only been a customer for 1 year and when I signed up, they didn't offer contracts.

“It says $350 for the 2 year contract and from then on $36 per month for the device. Buying the phone off contract is $900, but $350 + $36*24 is about $1200. Please tell me I'm reading this wrong, monthly payments after $350 down should be more like $23.”

1-4 of 4 Answers