Buy Verizon Phones without Contract Plan
June 17, 2009 by John
Lost your Verizon phone or simply want to replace your old phone with a new one. Yes, you have the option to buy Verizon cell phones without contract. But that will cost you a lot of money up front. For example, buying the new DROID Eris with no contract will cost you $440 out of pocket. And you won’t qualify for any rebates. Need to replace 2 phones in a family plan, you need to shed another $300 for a popular phone like the LG Chocolate TOUCH. Even a basic flip phone like the new LG VX5500 without Verizon contract will require you to drop $200. Imagine you need 5 lines. Ouch, paying your hard earn money for Verizon phones without Contract is just not worth it. And what good is a phone without plan?
So how long do you plan to stay with Verizon Wireless after you buy a Verizon phone with no contract? There are really no big benefits except you can switch to another carrier at anytime without paying Early Termination Fee. The ETF is $175. If you can get DROID Eris and Chocolate TOUCH for $0 you are saving almost $800. Even you are just planning to stay for a few months with Verizon Wireless and the savings you get from buying a brand new phone with contract is much greater than buying no contract Verizon phones. Furthermore, you can test drive any new phones for 30 days. If you are not 100% satisfied, simply exchange for a new phone of your choice.
Update: Motorola Droid costs $550 without contract while you only have to pay $150 for the phone with a new service plan. That $400 saving alone is more than enough to cover the Early Termination Fee if you decide to switch carriers.