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Equipment Purchase

I went thru the process of upgrading two iPhones and the Plan. The offer was for a trade-in so I was getting a trade-in value that made the cost of each phone 2.77/month. The final page was a breakdown of the amount due now, the first payment amount and the eventual monthly payment amount. There was a charge titled “equipment purchase “ for 230.06. Can anybody explain the definition of this equipment purchase. If I’m paying monthly then what is this?

thanks

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Verizon_Support

Hello, rlingen, that's certainly exciting to hear that you're able to take advantage of such a great offer for your new iPhones! As far as the charge, are you referring to a charge you see in your order summary when checking out? If so, do you see this is associated with tax for your purchase?

-Lauren

rlingen

There was a “pay now” charge of 230.06 that was the activation fee, shipping charge and sales tax.

Under the “next bill” amount under one of the new phones charges was a one time charge of just over 231. This consisted of surcharges, fees and the “equipment purchase” charge of 230.06.

Since these two amounts are equal are they the same charge? If we pay 230.06 will the “equipment purchase” charge be removed ?

rlingen

I do have screenshots of these charges if they will help.

Verizon_Support

Great question! There will not be duplicate charges on the bill. If a charge is paid before the bill is generated that charge would be removed.-Joe

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