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Why are the verizon deals only good on the payment plan?

I prefer to buy my phones outright. T-mobile has $200 instant savings off the retail price of the Note 9, but Verizon wants to lock people into a 2 year deal with bill credits to prevent paying it off the very next day and therefore not getting the discounted price of the phone.

Comments

andrewt_vzw

pool_shark,

New phone deals are exciting and we want to make sure you can get a device in a way that works great for you. I certainly understand preferring the option to pay up front. We have chosen to make many of our current deals only available with a device payment. There are options which can help though. What is the reason you prefer to pay up front? Please share details so we can help find the best options for you.

AndrewT_VZW

If my response answered your question please click the _Correct Answer_ button under my response. This ensures others can benefit from our conversation. Thanks in advance for your help with this!!

Ann154

pool_shark wrote:
I prefer to buy my phones outright. T-mobile has $200 instant savings off the retail price of the Note 9, but Verizon wants to lock people into a 2 year deal with bill credits to prevent paying it off the very next day and therefore not getting the discounted price of the phone.

You could have still paid a large amount of purchase price as a down payment on the purchase which would have reduced the amount financed on the device payment agreement. You would still need to keep the DPP agreement for the duration of the agreement over 24 months in order to qualify for the bill credits.

pool_shark

The reason I prefer to pay upfront is because I don't like being contractually obligated. If I pay upfront I can leave any time if I choose.

It seems to me that the deals are offered only on the payment plan option to keep customers bound to you via monthly bill credits and if they want to leave then the deal is off and they must pay the full retail price minus what has been paid.

pool_shark

I think you're missing the point.

I prefer paying the entire price upfront, no financing at all, but the deals are only on the financing options, no deals when paying full price.

Ann154

Then look elsewhere for the deals. I think Best Buy had $400 off the Pixel 3 models that was not tied to the DPP.

pool_shark

Thanks, but I don't want a pixel I want a note 9. The best buy deal was also based on the payment plan.

boringusername

pool_shark wrote:
The reason I prefer to pay upfront is because I don't like being contractually obligated. If I pay upfront I can leave any time if I choose.

You think someone is going to give you hundreds off phone just so you can leave a few months later? Also you are not contractually obligated to stay, you just lose any remaining bill credits.

pool_shark

As stated, T-Mobile offers a $200 instant discount, so the answer to your question is yes, someone will do it.

You are contractually obligated if you want the discounted price.

If you pay it off you don't pay it off at the discounted price, you pay it off at the full price minus what you've already paid. It's basically the old 2 year upgrades of old.

Doggo

Then go to T-Mobile.

Most people don't like switching carriers frequently taking dings in their credit score.

samanthat_vzw

We appreciate the additional feedback, pool_shark. We definitely understand where you're coming from and we can see that you're looking to find more deals that are not associated with a device payment plan.

We will be happy to share your feedback with our marketing team. This way they'll have another point of view as they're looking to create new promotions in the future. As our promotions are constantly changing, we encourage you to check out https://www.verizonwireless.com/deals/ to view our current offers. If you have any questions about a specific offer, we're always here to help.

SamanthaT_VZW

If my response answered your question please click the _Correct Answer_ button under my response. This ensures others can benefit from our conversation. Thanks in advance for your help with this!

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