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iPhone 6 for $0 up front & $15/Month Or iPhone 6+ for $0 up front & $19/Month - when you trade in any smartphone

Emperor4World 10 51 July 28, 2015 at 09:33 AM in Smartphones (4) More T-Mobile Deals
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Last Edited by cricket702 July 28, 2015 at 12:24 PM
SmilieHere is the text

Now for a limited time, get an amazing price on iPhone 6 for $0 up front and just $15 per month when you trade in any smartphone. Or choose iPhone 6+ for $0 up front and just $19 per month.

Sign up today and we'll guarantee today's great price when you upgrade to your next iPhone later this year.


http://www.t-mobile.com/offer/iph...SUFQ902681
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Community Wiki

Last Edited by AkumaX September 6, 2015 at 10:18 AM
PLEASE READ THIS WIKI BEFORE POSTING ANY QUESTIONS!



T-Mobile's JUMP On-Demand program is simple math and gives the customer flexibility:

Some customers like switching phones to the latest-and-greatest every year (or less). Those people can essentially continue "renting" phones from T-Mobile and give it back when they want to get a new one (up to 3 times per year). They never have to worry about waiting for their 2-year contract to end to get another subsidized device (since T-Mobile doesn't have contracts), and they never have to pay full-price for a phone up-front and deal with eBaying it to get a better phone later. If they are worried about taking care of their phone, they can purchase $10/mo insurance to cover any damage they may do to the phone (so they won't get penalized for damage when they turn in their phone for a new one).

Other customers like to keep their phones longer. With JUMP On Demand, they are able to break down their phone purchase price from one lump sum to monthly payments for 18 months (with the balance at the end). If at any time during the 18 months they choose to switch phones because they don't like the current one they have for any reason... they can (think of it as an extended test drive). If they choose to keep it at the end of 18 months, they just pay the balance due (which is just the full price of the phone at time of purchase minus all the monthly payments)... essentially you're getting a 0% interest "loan" for your phone for 18 months.

And regarding this iPhone 6/6+ deal, YES you do essentially save $216 off your iPhone 6/6+ if you keep your phone after 18 months and pay it off. If you choose to return it, then you would have saved $12/mo on your phone payments for this device.


Quote from AkumaX View Post :
Time of Cancellation • Amount (You) Paid Thus Far • Promo Credit Given Thus Far • Amount To Pay To Keep Phone • Amount (You) Actually Paid To Keep Phone
1 Month $15 $12 $623 $638
2 Months $30 $24 $596 $626
3 Months $45 $36 $569 $614
4 Months $60 $48 $542 $602
5 Months $75 $60 $515 $590
6 Months $90 $72 $488 $578
7 Months $105 $84 $461 $566
8 Months $120 $96 $434 $554
9 Months $135 $108 $407 $542
10 Months $150 $120 $380 $530
11 Months $120 $132 $353 $518
12 Months $180 $144 $326 $506
13 Months $120 $156 $299 $494
14 Months $210 $168 $272 $482
15 Months $120 $180 $245 $470
16 Months $240 $192 $218 $458
17 Months $120 $204 $191 $446
18 Months $270 $216 $164 $434

I made this chart so you could see what would happen if you were to cancel your plan -- the rest of the payments on the phone would be due.
However, you would have received X amount of credit during that time.

For example, let's say you want the iPhone 6 or 6S @ $650, and you have to cancel @ 12 months.
You would have paid $180 thus far. You would have received $144 worth of credits.
However, since you are canceling, you have to pay the rest of what's owed, which would be $650 - $180 (your payments) - $144 (12 months of credit) = $326.
After 12 months, you would have actually purchased the phone for ($180+$326) = $506 (+ tax)
Also, the 3rd column (promo credits given) is technically the amount you saved over buying the phone @ retail price, which in this case is $144.

So at the end of 18 months, you would have paid $270 to lease the phone.
You would have received $216 worth of credits.
At this point, you can return the phone, or pay an additional ($650 - $270 - $216) = $164 (+ tax) to keep the phone.
After 18 months, the total purchase price of the phone would actually be ($270+$164) = $434 (+ tax).
In the end, you saved $216 (over retail price) by staying with T-Mobile over the course of 18 months and paying for the phone at the end.

EXAMPLE CALCULATION (iPhone 6+ 16GB):

$19 + $12 credit = $31 (one month's payment)
$31 x 18 months = $558 (what you "paid" so far for the iPhone 6+)
$19 x 18 = $342 (what you actually paid so far for the iPhone 6+)
$12 x 18 = $216 (credits given to you for the 18 months for the iPhone 6+)

T-mobile retail price - $558 + whatever taxes are required = REMAINING PAYMENT TO KEEP PHONE


So assuming you get the 16GB version:

$750 (iPhone 6+ 16GB) - $558 = $192 + taxes to keep phone
$342 + $192 = $534 (actual price paid to keep phone, with $216 savings over retail)


Quote from animaletamer :
DISAGREE You did not save $12/mo on phone payments for the device. That's what they want you to think. If you return the phone at the end of 18 months, you paid $270 to $340 for the phone that you did not get to keep. How is that really better than buying a new phone with other normal promos that give $200 discount, trade-in, gift card, etc.? If you catch a decent promo, you can get one with $200-300 less anyway, and you'll get to keep the phone. If you treat it well and sell it in a mint condition when 6s comes out, you'll essentially get your money back, which means, you used the phone for 12 months "FOR ALMOST FREE" instead of paying a monthly fee that builds up. Sure, you get the upgrade options, but who really practically upgrades their phones three times a year, especially when they already have the top of the line phone? Don't be fooled by this promo. It's not saving you money.
^ WHY IS THIS SO DIFFICULT TO UNDERSTAND? EXPLANATION (AGAIN): https://slickdeals.net/forums/showpost.php?p=77380871&postcount=259

Quote from Brooklynite :
Why would you pay full MSRP plus $100 for iPhone?

https://slickdeals.net/forums/showpost.php?p=77411819&postcount=299
^ AGAIN, WHY IS THIS SO DIFFICULT TO UNDERSTAND? Read the posts after Brooklynite's for the complete discussion...



From Macrumors:
T-Mobile also announced that customers who purchase an iPhone 6 for $15 per month through the JUMP! On Demand trade-in program will be automatically eligible to receive a free upgrade to the next iPhone -- the so-called "iPhone 6s" -- when it is released, with the $15 monthly promotional price carrying over to the new smartphone.
-credit to "tgenius"

http://www.macrumors.com/2015/07/...e-6s-deal/


If you buy iPhone 6 - 64GB now, you have to pay $100 more now. If you upgrade it to iPhone 6s - 64GB, you have to pay $100 again. So, to get best deal, better buy iPhone 6 - 16GB now and upgrade it to iPhone 6s - 64GB/124GB later.


for those looking for the $12 credit in writing found in your contract. thanks poster JonathanD:


Had some free time, so here is the terms and conditions for the promotion from the leasing paperwork.

By leasing any model of an iPhone 6 (including an iPhone 6 Plus), and participating in the iPhone 6 Promotion, you will receive up to 18 monthly bill credits of $12 for as long as you continue to lease the iPhone 6 under the JUMP! Lease Agreement and maintain wireless service for the iPhone 6.

You will also continue to receive a bill credit if you exercise your JUMP! upgrade option described below prior to December 31, 2015 to lease any other eligible iPhone 6 model or a successor model to the iPhone 6 and maintain wireless service for the device.

If you exercise your JUMP! upgrade option and lease a qualifying iPhone from us, we may adjust the amount of your monthly bill credit such that your monthly lease payment for a standard-model device is $15.00 and your monthly lease payment for a Plus-model device is $19.00, in each case plus any applicable taxes.

Notwithstanding anything else set forth in the JUMP! Lease agreement, if you no longer lease the iPhone 6 or successor device under a JUMP! Lease agreement for any reason or fail to maintain any active T-Mobile wireless service plan for the iPhone 6 or successor device, you will no longer receive any bill credit and may be subject to the terms, as applicable, of the "Early Termination" or "Wireless Service" section set forth in this lease or similar terms set forth in a successor JUMP! Lease agreement. See www.T-Mobile.com for more information, including additional terms and conditions applicable to the iPhone 6 Promotion

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Joined Nov 2007
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#3
hmmmmmm, interesting...
Reply Helpful Comment? 0 0
#4
old news. This has been going on when they announced JUMP On Demand.
18 mth lease, $12 bill credit each month. Purchase option price at end of 18 months
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#5
Quote from T1T0 View Post :
old news. This has been going on when they announced JUMP On Demand.
18 mth lease, $12 bill credit each month. Purchase option price at end of 18 months
Wrong. This also will cover the 6S/6S+ at same price, which the "old news" didn't, though those who did do the $15 previously are grandfathered into this deal as well.
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Joined Nov 2007
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#6
Quote from T1T0 View Post :
old news. This has been going on when they announced JUMP On Demand.
18 mth lease, $12 bill credit each month. Purchase option price at end of 18 months
ummmm, no, not really. the other offer does not state that you can get the newer iphone for the same price...
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Joined Apr 2013
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#7
How much is it to purchase the phones ate the end of the lease? I want the IPhone 6 +, so 18*15=342. But how much do I pay to keep it at the end?
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#8
not sure if i understand this. It sounds like a lease offer
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#9
Did I get it right.
Trade in old phone >> Get iPhone6 under Jump >> Pay full amount (18 *15 = $270) >> Opt out of Jump.
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#10
Quote from A7izSlicK View Post :
How much is it to purchase the phones ate the end of the lease? I want the IPhone 6 +, so 18*15=342. But how much do I pay to keep it at the end?
check your math...

Quote from Herry29 View Post :
Did I get it right.
Trade in old phone >> Get iPhone6 under Jump >> Pay full amount (18 *15 = $270) >> Opt out of Jump.
you have to return the phone if cancel early per their website.
Reply Helpful Comment? 0 0
Last edited by lordinvincible July 28, 2015 at 09:53 AM. Reason: Automerged Doublepost
#11
right, it is lease-type, you will be ask to return the phone if you want to leave TMobile. keep in mind that even though you are allowed to pay off early, but monthly for pay off early is 15+12 = 27. you are not getting the 12 credit per month if you decided to pay off early.

Tmobile has pretty bad signal comparing to Verizon. you will see alot of people using their Verizon phone at some places while you get no signal at all.
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#12
Quote from Herry29 View Post :
Did I get it right.
Trade in old phone >> Get iPhone6 under Jump >> Pay full amount (18 *15 = $270) >> Opt out of Jump.

No need to opt out of jump, since you pay no monthly fee for JUMP On Demand anyway.

Basically this deal will credit you $12/mo for 18 months, so you save $216 on whatever iPhone 6/6+ you want in the end. You just pay the balance of what price T-Mobile charges.

Also, keep in mind that the $0 down is only for the 16GB version of iPhone 6/6+. 64GB version costs $100 down (with same monthly payment) and 128GB cost $200 down (with same monthly payment).
Reply Helpful Comment? 0 0
#13
Quote from lordinvincible View Post :
check your math...


you have to return the phone if cancel early per their website.
It doesnt say anywhere how much we have to pay after 18 months lease end or do we own the phone after 18*15 payments. There must be a catch somewhere.
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#14
You have to pay $10 insurance every month, because it's leasing
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#15
Offer expires 9/8/15; subject to change. For well-qualified buyers. Eligible paid-off smartphone trade-in, lease, $15 SIM starter kit, and qualifying service required. $15+taxes/mo for 18-mo lease after monthly bill credits. Must remain on qualifying service in good standing for duration of Lease term. If you cancel wireless service, remaining payments (of up to $27.08/mo) become due. You must return device in good condition or exercise purchase option at lease end. You are responsible for insurance/repairs; insurance recommended (required for CT customers). Not available with Contract Freedom (device pay-off) or other trade-in offers. No device security deposit required. Late/non-payment fees may apply. For guaranteed upgrade, you must turn in eligible device in good condition at participating T-Mobile store prior to 12/31/2015 and upgrade to a comparable eligible device on lease. If you cancel wireless service, remaining payments at full rate become due and device must be returned. Standard upgrade requires eligible device be turned in in good conditions at participating T-Mobile stores; up to 3 times per 12 mos. Participating stores only.
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