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So technically I could make a few hundred bucks ripping Verizon off?

Discussion in 'Android Lounge' started by yellowfrizbee, May 22, 2010.

  1. yellowfrizbee

    yellowfrizbee Well-Known Member
    Thread Starter
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    May 4, 2010
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    I couldnt help but notice the Moto Droid is at Best Buy for $99.99 if you get a 2 year contract. My contract is up completely. And im already paying the same smart phone monthly payments.

    Could I hypothetically renew a 2-year contract, get the subsidized phone, sell it online for a few hundred, and then reactivate my old smart phone on the plan?

    I must be missing something here. That just sounds too easy..
     

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  2. El Blacksheep

    El Blacksheep Well-Known Member
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    Sounds about right.
     
  3. canrunin

    canrunin Well-Known Member
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    believe that is right,people do it often
     
  4. sitlet

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    I believe you have to keep the phone activated on your line for 30 days, otherwise they will charge the full price to your account.

    Also keep in mind if you do that, you will have to use your old phone for another 2 years, unless you want to pay full price for another phone
     
  5. HustlinDaily

    HustlinDaily Well-Known Member
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    People do it all the time with the iPhone on AT&T. I almost did it to get a Nexus but did not want a 2-year contract.
     
  6. yellowfrizbee

    yellowfrizbee Well-Known Member
    Thread Starter
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    May 4, 2010
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    Oh....well geez....now I feel slow lmao. Thanks for the answers! Seems im quite late to the party.

    No worries about the 2 year contract. Im on a family plan with a bunch of old people. ALL of our contracts are up and trust me, these old people are keeping their jitter bugs and crazy old devices. :p
     
  7. lekky

    lekky Lover
    313

    Yep, and its not ripping them off either. You get the phone you can sell it if you like.
     
  8. mcapozzi

    mcapozzi Well-Known Member
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    Computer SuperGenius aka Systems Administrator
    Liverpool, NY
    You could always try to save more money by getting a plan w/o a contract?

    It might save you more over the two years than what you would make by selling a Droid.

    -Mike
     
  9. IOWA

    IOWA Mr. Logic Pants
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    Dec 2, 2009
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    If he plans on keeping the service for 2 more years anyways, how exactly would he save anything?
     
  10. mcapozzi

    mcapozzi Well-Known Member
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    Mar 17, 2010
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    Liverpool, NY
    Because he could negotiate a cheaper rate on his monthly plan.

    Apparently this is a very common tactic on other carriers. It is at least something to look into first.

    -Mike
     

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