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Thread: Confused about losing the unlimited plan

  1. Master Droid
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    #11
    In a nutshell, the main problem with the Edge plan is that you're paying for your phone twice. Once in the additional monthly payments you make. And once by paying the same monthly price for your plan that people with subsidized phones pay.

    If Verizon were to take away the monthly subsidy, then it might make sense to make additional payments for your phone (like T-Mobile does).
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  2. Super Moderator
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    #12
    OK, I agree with that but how is it any different than buying the phone for full retail? You're still paying the monthly plan with the subsidy built in either way, but at least with Edge you don't have to come completely out of pocket for the entire price up front.

    All the arguments against Edge that I found said to buy the phone at full retail. That makes no sense. You can always pay the balance of the full retail price if you want to so why not let Verizon finance it for free? Also, the free $100 gift card and activation fee waiver are only for Edge purchases so buying at full retail means you miss out on $135 in savings/rebates.

    Sent from my XT1080 using Tapatalk
    Last edited by FoxKat; 02-10-2014 at 11:37 PM.

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  3. Master Droid
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    #13
    Quote Originally Posted by njdevil View Post
    By risk I mean shelling out the full price for a phone to avoid losing the unlimited contract, then they decide to eliminate them - when I really could have just got a free/cheaper upgrade.

    I thought the whole point of being "grandfathered" meant that as long as you didn't leave the service, you kept it. I feel like they're being really sneaky about getting people to lose it.
    The problem with being 'grandfathered' and off contract is the last part, you are off contract, which means Verizon can change your service at any time and you have little or no recourse. My guess would be the rumors are probably true, the last of the 'grandfathered' unlimited users contracts will likely be expiring in that time frame, so they no longer will be breaching a contract to cancel unlimited data.
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  4. Droid Ninja
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    #14
    There is nothing sneaky about it, you buy the phone outright you keep your unlimited data plan, you want a new phone and want it subsidized you will have to sign a new contract, no hidden agendas.

    Sent from my LG-V500 using Tapatalk
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  5. Droid
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    #15
    Quote Originally Posted by njdevil View Post
    Originally I read, and am currently reading here, if I buy a no-contract phone (full price) I can replace it on the line and keep my unlimited plan.

    But then I'm reading other places that in June/July they might get rid of unlimited for grandfathered users. Is that true?

    I was a power user, using it as my primary internet connection, but I currently do not. My bill is definitely going to go up if I switch to the tiered plans and I'll be getting less for it. Definitely unfair there.
    Most of the mis-information about loosing unlimited data is coming from people that have given up or never had unlmited data, there is another group with the other large carrier that also continuously whines about unlimited data not being fair for longtime Verizon customers. Believe it -IF- it happens, not because yet another armchair commando has had delusions of grandure and socialism rushing through their veins.

    When it comes time to replace your phone, use the Device Replacement Plan. It spreads out the cost of the phone over 12 months. Verizon charges $2 a month as a carrying charge.

    BEwARE the edge program. Let's do the math.

    EDGE = LOOSE UNLIMITED DATA.

    Ok, fine, go the dummy line route, get the phone on edge, swap the new phone to your unlimited line and put a basic phone on the dummy line. Let's see how cost effective that is....

    EDGE PLAN - $600 phone

    600 / 24 months = $25 per month + $2 carrying charge = $27 per month

    Tax (figure 9% for an example) $54 + 1st month payment $25 = $81 due before you leave the store.

    Total price paid at the end of 24 months for Device + Tax + Carry charge = $702 - You own the phone outright.

    IF You use a dummy line, that'll cost an EXTRA $240 (24 months at $10 per month on the older Nationwide plan). So $702 + $240 = $942

    NOW - THE WHAT IF I WANT TO TRADE IN SCENARIO:

    I won't go into time the phone is kept, just basing this on needing half of the bill paid off.

    $600 / 2 = $300 + $54 in tax + $12 if trading in at the 6 month mark = $366


    Now, if you "Edge Up" you must Give That Phone Back, and start all over. Replace it with another $600 phone in 6 months and you've paid $732 and start over again with NOequity in a device at all.

    Device Replacement Plan Purchase:

    $600 Phone + Tax (9% for example) $54 + $24 carry charge (12 Months) = $678 and I OWN the phone outright. Keep it, sell it, trade it...whatever I want to do with it.

    12 payments of $50 + $2 carrying charge = $52 per month

    Tax $54 + 1st Month $52 = $106 due before I leave the store.

    I just don't see how the EDGE program benefits anyone.
    kodiak799 likes this.
  6. Droid Ninja
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    #16
    Quote Originally Posted by TatDroid View Post
    In a nutshell, the main problem with the Edge plan is that you're paying for your phone twice. Once in the additional monthly payments you make. And once by paying the same monthly price for your plan that people with subsidized phones pay.

    If Verizon were to take away the monthly subsidy, then it might make sense to make additional payments for your phone (like T-Mobile does).
    There is no way not to pay the same monthly fee as everyone else on Verizon even if you do buy your phone outright. That's why it was always better to get a subsidized phone on Verizon. Now that unlimited data is no longer an option, people are trying to find ways to afford a new phone, and stay on Verizon.

    See: Moto X

    Still, you pay the same monthly fee. It's like you are paying extra just to stay on Verizon.
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    #17
    I did the Edge plan to get my Note 3 and am just as happy as I was before w/unlimited data. IMO the people that are whining about losing unlimited data are the same ones that hog all the data in the first place. Verizon made the move to limit data so that the network is not bogged down by data suckers. If you have a Wifi network at home then what is the need for unlimited data?

    sent from my Hot Galaxy Note 3 ;-)
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  8. Senior Droid
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    #18
    ^This is an interesting point. My office recently set-up a wi-fi network that I can hook my phone into...but I'm kind of at their mercy, and in my current location I have a very weak phone signal to fall back on.

    My unlimited contract expires at the end of June...I love my RAZR MAXX and staying on it wouldn't be the worst thing ever (especially now that I have an N7), but a new phone would be nice...but looking at the Verizon site these days gives me a headache. Sigh.
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  9. Senior Droid
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    #19
    Not all of the unlimited contracts end In June...
    Remember the glitch back in October? The one that was allowing people that had unlimited plans to upgrade AND KEEP Their plan.
    Technically those few people that took advantage of that glitch will end in October 2015 (approximately). Am I missing something here?

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  10. Senior Droid
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    #20
    Like I said, -my- unlimited contract expires at the end of June. 2 years. It wasn't intended to be a general comment.
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