Forum Thread

What's the cheapest way to get a T-mobile iPhone 5S?

salils 119 23 September 17, 2013 at 02:17 PM
So, on T-mobile's website they have the iPhone 5C ($100 less than the 5S) and after adding it to cart says:

"+ $22 x 24/mo. If you cancel wireless service, remaining balance on phone becomes due. 0% APR O.A.C for well-qualified buyers. Qual’g service req’d."

So if I just sign up for a plan, cancel & pay off the $22 x 24 = $528 + tax

For the 5S one would assume it would come out to $628 + tax? That's $22 less than Apple's price. Would this likely work? Would it affect my stellar credit rating as long as I pay it off right away? I don't want a plan from T-mobile, I use pre-paid.

PS: This is all relating to the 16gb models incase it wasn't obvious.

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#2
Seems like a lot of hassle to save $22.

Mazel tov!
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#3
Quote from prozac4312 View Post :
Seems like a lot of hassle to save $22.

Mazel tov!
That's a little bit of a childish understanding of economics. It's not just saving $22, but it's that you don't have to pony up $600+ dollars today. It's all about the opportunity cost of your money, as you have $600 to either put in a CD, pay off any other loans or mortgages you may have, treat yourself to something, etc. So, rather than "it's just $22 less," rather it's $620 this month, and $600 next month, and $580 the month after, etc. Getting the phone from T-mobile is like getting a loan with a NEGATIVE interest rate; please show me any other company on earth that finances you a product that you end up paying off less than the MSRP of today.

What you DO have to look at is the fact that you're paying for the phone, vs with AT&T, Sprint, or Verizon where they subsidize your phone. So if your T-Mobile plan is less than $22 less than either of those, you come out behind, and even if it is still less with T-Mobile, you need to factor in that the other companies have MUCH better coverage. Currently with T-Mobile from AT&T and Sprint before that (off-contract temporarily, waiting for my dream phone to pop up), and I don't get great reception in my own house any more, plus when traveling between cities the phone service still works, but I hope that you don't need internet because T--Mobile's coverage sucks.
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#4
Quote from salils View Post :
So, on T-mobile's website they have the iPhone 5C ($100 less than the 5S) and after adding it to cart says:

"+ $22 x 24/mo. If you cancel wireless service, remaining balance on phone becomes due. 0% APR O.A.C for well-qualified buyers. Qual'g service req'd."

So if I just sign up for a plan, cancel & pay off the $22 x 24 = $528 + tax

For the 5S one would assume it would come out to $628 + tax? That's $22 less than Apple's price. Would this likely work? Would it affect my stellar credit rating as long as I pay it off right away? I don't want a plan from T-mobile, I use pre-paid.

PS: This is all relating to the 16gb models incase it wasn't obvious.
Try get a TM employee discount or buy it used in 1 month.The best option is get the iPhone 5 for $399
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#5
Quote from prozac4312 View Post :
Seems like a lot of hassle to save $22.

Mazel tov!
You're on SlickDeals.. the Jewish reference towards the end is extremely unwarranted and the whole reason you're on here is to save money. Why would you bash one person's opinions and his genuinely innocent question that he posed regarding saving money, even if it is "$22.00" to you and can probably feed a family of four in some 3rd World Country.

You, sir, are the epitome of ____shake head_____.
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#6
Quote from davidtsee View Post :
You're on SlickDeals.. the Jewish reference towards the end is extremely unwarranted and the whole reason you're on here is to save money. Why would you bash one person's opinions and his genuinely innocent question that he posed regarding saving money, even if it is "$22.00" to you and can probably feed a family of four in some 3rd World Country.

You, sir, are the epitome of ____shake head_____.
Big rep take lil rep.

My ecred is strong bro!
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#7
Mazel tov! = good luck! Why is that extremely unwarranted?
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#8
I think stealing one would be the cheapest way of getting one

generally they do run a credit check (I believe it's a hard pull) when you get a "subsidized" phone, regardless if you pay it off the next month or not.. now that would normally not matter, but over $22 you might consider it

"Qual’g service req’d." - that means you would need to pay for the first month of service at a minimum (most likely first 2 months) before you could cancek & keep the phone
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