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termination charge thing...im new here/1st post

ezegm

Newbie
on the preorder page theres this

"Early Termination Fee $350 (1 yr/2 yr contracts)"

what is this? please give me a clear explanation thank you
 
if you cancel your verizon service before your two years are up you will be charged an early termination fee.

That is, if you bought a phone at a discount and signed up for the 2 year agreement. Or the 1 year agreement.

They are just trying to re-coop a portion of $ they lost by giving you a large discount on a new phone.

But if you are on a month to month contract and bought your phone at a regular price, then you can leave pretty much at any time without occurring a $ penalty.
 
if you end your contract before the end date you will be charged this, if you keep the service for the entire contract you won't.
 
ok thank you for your help...another question- so how much will it cost with just upgrading,data plan(first smart phone/data plan thingy) and the taxes?...my cousin tried to calculate yesterday and said maybe $300 altogether at the end
 
ok thank you for your help...another question- so how much will it cost with just upgrading,data plan(first smart phone/data plan thingy) and the taxes?...my cousin tried to calculate yesterday and said maybe $300 altogether at the end

in the store you will have to pay 299 plus tax and send off for your 100 rebate.you will also have to get the 29.99 data plan.
 
in the store you will have to pay 299 plus tax and send off for your 100 rebate.you will also have to get the 29.99 data plan.
is it cheaper to get it at the store or online...so if i get it at the store its gonna be like 350 at the end?............btw thank you for your help,its my first time getting a phone like this
 
is it cheaper to get it at the store or online...so if i get it at the store its gonna be like 350 at the end?............btw thank you for your help,its my first time getting a phone like this

Only difference between online and in store pricing is that the phone is $300 with 100 mail-in in store but online you get the rebate instantly. In the end, they cost the same but i'd personally rather not wait a few months to get my $100 back.


... do you think the data plan is a one time fee? Don't make this mistake if so.

If you do, you have to get a talk plan or talk and text if you will text much. That will cost $50 or whatever a month, depending on minutes you get a month etc. Then the data plan adds $30 per month to that talk plan's price.
 
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