1. s54's Avatar
    Ok, I have a verizon iPhone 4, which I bought about a month after it came out. I'd like to upgrade it to iPhone 4S. Don't ask why, I just do.

    Obviously, I am not eligible for the $200 iPhone 4S, so one way to get it is to pay the full retail price of $650 + $65 tax = $715 I believe. However, wouldn't it be cheaper to maneuver around a termination fee instead?

    Here's what I'm thinking:

    (1) Port my current number to Google voice. That way I get to retain it. Cost = $20
    (2) At this point, Verizon will slap me with an ETF. Cost = $350
    (3) Buy a new iPhone 4S with Verizon and port the number from Google voice. Cost = $200 + $20 tax = $220
    (4) Activation fee = $35
    (5) Sell old iPhone 4 in excellent condition. The going price seems to be about $300

    This comes out to $20 + $350 + $35 + $220 = $625
    $625 - $300 = $325 when all is said and done.

    Now, obviously I could have just sold the old iPhone for $300 and bought the new one for $715, but that equates to $415, which is quite a bit more than $325.

    Is my math correct?

    Before anybody asks, I already verified several things:
    (1) Everything is 100% legit. No scams or BS. Breaking a contract is part of the process. That's what contracts are for.
    (2) There was a rumor floating around that Verizon won't let you create an account for 60 days after terminating a contract. This is 100% false. As long as the termination fee was paid, you can create a new account instantly.

    P.S. In the example above, I assume the ETF is $350. However, I read somewhere that it would be less after months into the contract. Is this true?
    10-26-2011 02:38 PM
  2. FrekeyZeeky's Avatar
    Ok, I have a verizon iPhone 4, which I bought about a month after it came out. I'd like to upgrade it to iPhone 4S. Don't ask why, I just do.

    Obviously, I am not eligible for the $200 iPhone 4S, so one way to get it is to pay the full retail price of $650 + $65 tax = $715 I believe. However, wouldn't it be cheaper to maneuver around a termination fee instead?

    Here's what I'm thinking:

    (1) Port my current number to Google voice. That way I get to retain it. Cost = $20
    (2) At this point, Verizon will slap me with an ETF. Cost = $350
    (3) Buy a new iPhone 4S with Verizon and port the number from Google voice. Cost = $200 + $20 tax = $220
    (4) Activation fee = $35
    (5) Sell old iPhone 4 in excellent condition. The going price seems to be about $300

    This comes out to $20 + $350 + $35 + $220 = $625
    $625 - $300 = $325 when all is said and done.

    Now, obviously I could have just sold the old iPhone for $300 and bought the new one for $715, but that equates to $415, which is quite a bit more than $325.

    Is my math correct?

    Before anybody asks, I already verified several things:
    (1) Everything is 100% legit. No scams or BS. Breaking a contract is part of the process. That's what contracts are for.
    (2) There was a rumor floating around that Verizon won't let you create an account for 60 days after terminating a contract. This is 100% false. As long as the termination fee was paid, you can create a new account instantly.

    P.S. In the example above, I assume the ETF is $350. However, I read somewhere that it would be less after months into the contract. Is this true?

    I dont see anything wrong with you breaking contract. To me, it doesn't seem like a terrible idea, but keep in mind that you will be stuck in another 2 year contract when the next iphone drops.

    The only thing I think you are missing is that the early termination fee is reduced by $10 a month, so you could actually take $70 or so bucks off of your calculation. You also need to remember that if you were grandfathered in on an unlimited plan, you will no longer have that. Being a "new" customer, you will have to go with a tiered data plan.

    Just my .02
    10-26-2011 02:43 PM
  3. s54's Avatar
    I dont see anything wrong with you breaking contract. To me, it doesn't seem like a terrible idea, but keep in mind that you will be stuck in another 2 year contract when the next iphone drops.

    The only thing I think you are missing is that the early termination fee is reduced by $10 a month, so you could actually take $70 or so bucks off of your calculation. You also need to remember that if you were grandfathered in on an unlimited plan, you will no longer have that. Being a "new" customer, you will have to go with a tiered data plan.

    Just my .02
    Excellent points. Thanks.

    You're correct about me being stuck in another 2 year contract, but assuming pricing of iPhones stays the same, I can get a new one every year for roughly $50 more than what a new customer pays (assuming I can take $50-70 off the $350 ETF every year).

    And like you said, losing unlimited data sucks. However, looking at my VW account, I find that I never use more than 200 MB anyway.
    10-26-2011 02:48 PM
  4. kch50428's Avatar
    Ok, I have a verizon iPhone 4, which I bought about a month after it came out. I'd like to upgrade it to iPhone 4S. Don't ask why, I just do.

    Obviously, I am not eligible for the $200 iPhone 4S, so one way to get it is to pay the full retail price of $650 + $65 tax = $715 I believe. However, wouldn't it be cheaper to maneuver around a termination fee instead?

    Here's what I'm thinking:

    (1) Port my current number to Google voice. That way I get to retain it. Cost = $20
    (2) At this point, Verizon will slap me with an ETF. Cost = $350
    (3) Buy a new iPhone 4S with Verizon and port the number from Google voice. Cost = $200 + $20 tax = $220
    (4) Activation fee = $35
    (5) Sell old iPhone 4 in excellent condition. The going price seems to be about $300

    This comes out to $20 + $350 + $35 + $220 = $625
    $625 - $300 = $325 when all is said and done.

    Now, obviously I could have just sold the old iPhone for $300 and bought the new one for $715, but that equates to $415, which is quite a bit more than $325.

    Is my math correct?

    Before anybody asks, I already verified several things:
    (1) Everything is 100% legit. No scams or BS. Breaking a contract is part of the process. That's what contracts are for.
    (2) There was a rumor floating around that Verizon won't let you create an account for 60 days after terminating a contract. This is 100% false. As long as the termination fee was paid, you can create a new account instantly.

    P.S. In the example above, I assume the ETF is $350. However, I read somewhere that it would be less after months into the contract. Is this true?
    Any Verizon rep at a corporate store should refuse to do as you want as it is creating a situation of FALSE CHURN and that is an act that would get the Rep immediately terminated when discovered.
    10-26-2011 02:48 PM
  5. s54's Avatar
    Any Verizon rep at a corporate store should refuse to do as you want as it is creating a situation of FALSE CHURN and that is an act that would get the Rep immediately terminated when discovered.
    That is not the case at all. Terminating a contract and creating a new one only minutes after is a 100% legit and allowable process. I already verified this.

    The only thing limiting me from creating a new contract literally 'minutes' after is the fact that porting your number to google voice takes about 2 days. At the end of the day, Verizon STILL made money on me in the process.
    10-26-2011 02:52 PM
  6. kch50428's Avatar
    That is not the case at all. Terminating a contract and creating a new one only minutes after is a 100% legit and allowable process. I already verified this.

    The only thing limiting me from creating a new contract literally 'minutes' after is the fact that porting your number to google voice takes about 2 days. At the end of the day, Verizon STILL made money on me in the process.
    It's not for the Reps. You are creating false churn, and is viewed as commission fraud, and will get people fired.
    10-26-2011 02:54 PM
  7. Garz's Avatar
    If the ETF is paid, I dont see anything wrong with it. That would be fulfilling the agreement. Just my opinion. But what about just adding a line and then paying EFT on that line a day or 2 after? Then no need to pay porting fees. Seems easier.
    10-26-2011 02:56 PM
  8. s54's Avatar
    If the ETF is paid, I dont see anything wrong with it. That would be fulfilling the agreement. Just my opinion. But what about just adding a line and then paying EFT on that line a day or 2 after? Then no need to pay porting fees. Seems easier.
    Adding a new line would cost:

    $220 for the iPhone 4S
    $35 activation fee
    $350 (full) termination fee

    This equates to $605 - $300 (for my old phone) = roughly $305. HOWEVER, I now lost my number, which I want to desperately retain in the process. Unless of course VW allows you to port a number from one Verizon account to another, which I doubt they do.
    10-26-2011 03:03 PM
  9. kch50428's Avatar
    If the ETF is paid, I dont see anything wrong with it. That would be fulfilling the agreement. Just my opinion. But what about just adding a line and then paying EFT on that line a day or 2 after? Then no need to pay porting fees. Seems easier.
    May be fine and dandy on the consumers end, but on the Verizon side, it's false churn - and against policy, and Reps caught doing it will be fired.
    10-26-2011 03:05 PM
  10. BrindawithanI's Avatar
    If the ETF is paid, I dont see anything wrong with it. That would be fulfilling the agreement. Just my opinion. But what about just adding a line and then paying EFT on that line a day or 2 after? Then no need to pay porting fees. Seems easier.
    I was going to say the same thing! The only issue is keeping your number. I'm with AT&T and "they" can't transfer the # to the new line. Might be different w/vzw.
    10-26-2011 03:06 PM
  11. EmceeGeek's Avatar
    A friend of mine gave his iPhone 4 to someone on Craigslist and he bought the iPhone 4S with their upgrade. Guess they didn't have $230 for a new phone and $100 for 8gb is just dumb. Just thought I'd share this with you. Idea
    10-26-2011 03:17 PM
  12. s54's Avatar
    A friend of mine gave his iPhone 4 to someone on Craigslist and he bought the iPhone 4S with their upgrade. Guess they didn't have $230 for a new phone and $100 for 8gb is just dumb. Just thought I'd share this with you. Idea
    I'm not sure I follow. Can you explain?
    10-26-2011 03:30 PM
  13. kch50428's Avatar
    Better way to do it: Just add a line to your account, get the 4S on it... then, swap the 4S to your present line... and get a junker dumb phone to put on the added line, and toss it in a drawer... never have to use it... then sell the 4... that will cover the cost of the added line.
    10-26-2011 03:41 PM
  14. s54's Avatar
    Better way to do it: Just add a line to your account, get the 4S on it... then, swap the 4S to your present line... and get a junker dumb phone to put on the added line, and toss it in a drawer... never have to use it... then sell the 4... that will cover the cost of the added line.
    Umm, but now I'm stuck paying for two accounts?
    10-26-2011 03:49 PM
  15. jclif's Avatar
    May be fine and dandy on the consumers end, but on the Verizon side, it's false churn - and against policy, and Reps caught doing it will be fired.
    Not if the Rep knows about it...........
    10-26-2011 03:51 PM
  16. kch50428's Avatar
    Umm, but now I'm stuck paying for two accounts?
    No. Just the same one you've always had with an added line...
    10-26-2011 03:53 PM
  17. vangordernick's Avatar
    Umm, but now I'm stuck paying for two accounts?
    Heres a very simple way to do it.

    -Purchase IP4s by adding a second line to your account.

    -When you receive the Iphone 4s, CALL verizon, tell them you'd like to transfer your Iphone 4s to the line that your Iphone 4 is on, They will do this.

    -Next, call verizon back, possibly a day or two after, and cancel the second line that your Iphone 4 is now on. With that being done, you can now sell the phone and use the $300 to pay the ETF. And hopefully with verizon you'll have had $70 cut off the EFT.


    Does that make sense? I've done it on Verizon, and actually just did it on sprint, but decided to keep the second line. It works, and is really not a huge hassle if you have the ability to pay the ETF then sell the phone.


    Good luck, hope that helps.
    10-26-2011 04:06 PM
  18. s54's Avatar
    Heres a very simple way to do it.

    -Purchase IP4s by adding a second line to your account.

    -When you receive the Iphone 4s, CALL verizon, tell them you'd like to transfer your Iphone 4s to the line that your Iphone 4 is on, They will do this.

    -Next, call verizon back, possibly a day or two after, and cancel the second line that your Iphone 4 is now on. With that being done, you can now sell the phone and use the $300 to pay the ETF. And hopefully with verizon you'll have had $70 cut off the EFT.


    Does that make sense? I've done it on Verizon, and actually just did it on sprint, but decided to keep the second line. It works, and is really not a huge hassle if you have the ability to pay the ETF then sell the phone.


    Good luck, hope that helps.
    Yes, but if I cancel the second line with the iPhone 4, the termination fee for that line is going to be a full $350 since it's a brand new line. I was under the impression that the $70 off termination fee would only apply to my current account.
    10-26-2011 04:17 PM
  19. FrekeyZeeky's Avatar
    Yes, but if I cancel the second line with the iPhone 4, the termination fee for that line is going to be a full $350 since it's a brand new line. I was under the impression that the $70 off termination fee would only apply to my current account.
    Not true, I believe the $350 only applies to smartphones. If you get a dumb phone (flip phone) then it is only $175. You can run the numbers to see how that will affect you, my head hurts already lol ....
    10-26-2011 04:28 PM
  20. E_Brown's Avatar
    Add a line but the 4S $220 plus activation $35 switch it to your line. Cancel second line $350. Total $605. Sell your iPhone $300. Total $305. Less money and less headache then your way, and you get to keep unlimited data. That's what I would/have done.

    Or you can pay the $10/mo which over 24 months is only $240 instead of $350. Have done this as well. To get the iPhone 4.

    ---
    I am here: http://maps.google.com/maps?ll=42.794814,-73.917942
    10-26-2011 04:57 PM
  21. Fausty82's Avatar
    Not true, I believe the $350 only applies to smartphones. If you get a dumb phone (flip phone) then it is only $175. You can run the numbers to see how that will affect you, my head hurts already lol ....
    If I understand it correctly, the ETF is based on the phone you purchase to establish the line (or subsequent purchases for that line), NOT the phone in use on that line at the time you cancel. Buying an iPhone 4S to set up another line will set the ETF at $350 (or whatever it is) regardless if you switch to a "beater dumb phone" prior to canceling the line.
    10-26-2011 05:12 PM
  22. Elaine5006's Avatar
    Better way to do it: Just add a line to your account, get the 4S on it... then, swap the 4S to your present line... and get a junker dumb phone to put on the added line, and toss it in a drawer... never have to use it... then sell the 4... that will cover the cost of the added line.
    I recently added a phone to my plan and was told I could not move my phone number from my iphone4 to the new phone.
    10-26-2011 06:55 PM
  23. s54's Avatar
    Add a line but the 4S $220 plus activation $35 switch it to your line. Cancel second line $350. Total $605. Sell your iPhone $300. Total $305. Less money and less headache then your way, and you get to keep unlimited data. That's what I would/have done.

    Or you can pay the $10/mo which over 24 months is only $240 instead of $350. Have done this as well. To get the iPhone 4.
    The only problem doing it this way is that when you active the new iPhone 4S on the second line, you will be charged a monthly service fee, since you must pick a service plan at the time of purchase (that is, at the time when you purchase a new iPhone for $200 with a new line).

    No?
    10-26-2011 08:01 PM
  24. vangordernick's Avatar
    Well, since you can't seem to come to a conclusion that suits you, why not just look on craigslist for a 4s, then sell yours. Thats probably the cheapest route to go. Quite possibly the easiest also.
    10-26-2011 08:19 PM
  25. crackercraig#IM's Avatar
    Or you could go to AT&T or sprint get the iPhone 4s. Cancel the Verizon contract, and port your # to the new carrier.


    Sent from my iPad using Tapatalk on iOS 5.0
    10-26-2011 08:27 PM
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