I just wanted to provide some information in case there are others in a similar situation. I am currently in a 2 year contract that expires June 2008. There isn't a chance I can wait until then to upgrade, so I've been weighing my options on whether I should pay full retail or sign a new 2 year contract. I feel there is a great deal of uncertainty surrounding the fast pace of the cell phone industry and I can almost bet I will not make it to the end of another 2 year agreement. Therefore, these numbers are based on the assumption that you will not finish out your 2 year contract and will cancel early resulting in an ETF (Early Termination Fee) of $175 prorated over 24 months. So here are the
phone costs over the period of 24 months
Code:
2 Year Full Retail
Months 199.99 319.99
1 367.70 319.99
2 360.41 319.99
3 353.12 319.99
4 345.82 319.99
5 338.53 319.99
6 331.24 319.99
7 323.95 319.99
8 316.66 319.99
9 309.37 319.99
10 302.07 319.99
11 294.78 319.99
12 287.49 319.99
13 280.20 319.99
14 272.91 319.99
15 265.62 319.99
16 258.32 319.99
17 251.03 319.99
18 243.74 319.99
19 236.45 319.99
20 229.16 319.99
21 221.87 319.99
22 214.57 319.99
23 207.28 319.99
24 199.99 319.99
So basically unless you are dead sure you are going to keep the phone for more than 8 months, you are better off paying full retail.