dpham00
Modérateur Emeritus
- Location
- Los Angeles, CA
Verizon to stop offering 1-year contracts
So, as you may know, earlier this year, Verizon ended the annual upgrade and the new every two program. It was nice because you could get a two-year contract price and just upgrade every year with the annual upgrade option, but when that was canceled, I was thinking, no big deal, I can still use the one-year contract. Well, now, big red is getting rid of the one-year contract as well as of April 17th. ugh.
In some cases, big red's two year pricing is the same as the one year pricing (!). Why anyone would want to lock themselves into a two year contract when a one year contract is the same price is beyond me. Other cases, the price difference is around $30 for some phones, including smartphones like the Thunderbolt, which, quite honestly, is not a bad deal considering in a year, there may be much better lte phones out there. Obviously there are phones with a larger discrepancy as well, i just posted a few to prove my point. Of course, Verizon has a right to set their rules, but their justification of saying, "Keep in mind, a majority of our customers select a two-year contract when buying our devices, so we are responding to what our customers want."...what customer wants less options?
of course, for those that want a data plan, locking in a longer contract might not be a bad thing as Verizon plans to have tiered data plans this summer.
http://www.pcmag.com/article2/0,2817,2383335,00.asp
below are prices, for comparison. note that they include my employer discount,
So, as you may know, earlier this year, Verizon ended the annual upgrade and the new every two program. It was nice because you could get a two-year contract price and just upgrade every year with the annual upgrade option, but when that was canceled, I was thinking, no big deal, I can still use the one-year contract. Well, now, big red is getting rid of the one-year contract as well as of April 17th. ugh.
In some cases, big red's two year pricing is the same as the one year pricing (!). Why anyone would want to lock themselves into a two year contract when a one year contract is the same price is beyond me. Other cases, the price difference is around $30 for some phones, including smartphones like the Thunderbolt, which, quite honestly, is not a bad deal considering in a year, there may be much better lte phones out there. Obviously there are phones with a larger discrepancy as well, i just posted a few to prove my point. Of course, Verizon has a right to set their rules, but their justification of saying, "Keep in mind, a majority of our customers select a two-year contract when buying our devices, so we are responding to what our customers want."...what customer wants less options?
of course, for those that want a data plan, locking in a longer contract might not be a bad thing as Verizon plans to have tiered data plans this summer.
http://www.pcmag.com/article2/0,2817,2383335,00.asp
below are prices, for comparison. note that they include my employer discount,