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Samsung Galaxy S7 Edge (Verizon) 32GB - $15/month after $18 bill credit + trade in promotion

$360.00
+18 Deal Score
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Samsung Galaxy S7 Edge 32GB from Verizon for $15 after $18/months of bill credit over 24 months.

Effectively... $792 sale price - $432 = $360
Unlike the Best Buy deals, you'll have to pay sales tax on the entire $792.
No trade-in required for this price.

https://www.verizonwireless.com/s...y-s7-edge/

Yes... you're essentially locked in a 2 year contract. Best for those who plan on staying with Verizon and don't mind being stuck in a contract.



I made my deal even sweeter by trading in my LG G4 for $524.
Again, this is another promotional credit with it distributing $21.83 bill credits over 24 months. I couldn't find what phones qualify for the trade-in promotion. I tried with a Google Pixel and it only shows a trade-in value of $189.
*** read the fine print ***

"* Promotional trade in credits issued over 24 months and will appear in 2-3 bill cycles after receipt of trade at Verizon. Your smartphone purchase must remain active on device payment agreement for 24 months to receive credits. If you cancel service, or if device payment agreement is paid off or transferred, trade in promotional credits will stop. Traded device must be in good working and cosmetic condition to receive credits."
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Created 12-01-2016 at 05:12 AM by thlrdeye
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musicman40nj
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#2
I am always missing something with these deals... I am at $15/month now on my Iphones and Galaxy S7 and I was told they would give me a so called free phone. Problem is when you are under this payment contract for 24 months the bill is $40/month for the line not $15. $25X24 = $600... So basically you are paying $600 for a so called free or discounted phone as you get jacked on the line charge for 24 months and only if you call in do they bring it to that $15 level after the 24 months. So buyer beware.
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#3
Quote from musicman40nj
:
I am always missing something with these deals... I am at $15/month now on my Iphones and Galaxy S7 and I was told they would give me a so called free phone. Problem is when you are under this payment contract for 24 months the bill is $40/month for the line not $15. $25X24 = $600... So basically you are paying $600 for a so called free or discounted phone as you get jacked on the line charge for 24 months and only if you call in do they bring it to that $15 level after the 24 months. So buyer beware.
Something seems screwed up, but then again... this whole line access fee BS doesn't make any sense.
So it's $40/line access fee. You get $25 Device Payment Discount. If the phone is paid off, it converts to $25 Month2Month Discount. I don't get why they don't just make it $15 (or $20 for new plan) and eliminate the "discounts."

My chat transcript from last week:
"Taylor : I have reviewed my resources here and I do see here that the $25.00 Device Payment Discount will be converted to $25.00 Month2Month discount. This means the line access would still be $15.00. If in any case you bought the remaining balance, you can refer to your My Plan page on your online account to verify the $25.00 discount for your LG G4 line.
Taylor : If you are not able to see the $25.00 Month2Month discount when you pay off the device, you can partner up with us to have it added back for your manually on our end.
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#4
Can I pay it off earlier and cancel the line?
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#5
Quote from musicman40nj
:
I am always missing something with these deals... I am at $15/month now on my Iphones and Galaxy S7 and I was told they would give me a so called free phone. Problem is when you are under this payment contract for 24 months the bill is $40/month for the line not $15. $25X24 = $600... So basically you are paying $600 for a so called free or discounted phone as you get jacked on the line charge for 24 months and only if you call in do they bring it to that $15 level after the 24 months. So buyer beware.
$40 is the per line cost when under contract. $15 is the old more everything plan of you own the device. $20 is the line charge for the Verizon plan and the New Verizon plan when on DPP. Before the more everything plan the per line was $40. Sounds like you need to get a handle on your account so you know what you are paying for
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#6
As far as all current deals, this seems like a pretty good one. What would you normally do? Pay $20-30/ month for any random phone. This one is $15 per month AS LONG AS IT'S NOT PAID OFF FOR 24 MONTHS. Not bad as others say, if you definitely plan on keeping it for all 24 months.

Other than this, any reason not to buy?
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#7
Not a bad deal if you must have Verizon.
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World dominator and rebel
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#8
Quote from musicman40nj
:
I am always missing something with these deals... I am at $15/month now on my Iphones and Galaxy S7 and I was told they would give me a so called free phone. Problem is when you are under this payment contract for 24 months the bill is $40/month for the line not $15. $25X24 = $600... So basically you are paying $600 for a so called free or discounted phone as you get jacked on the line charge for 24 months and only if you call in do they bring it to that $15 level after the 24 months. So buyer beware.
you are terribly confused. If you pay 40/mo per line is because you have a 2-yr contract. You are not under DPP. DPP is what the offer is about.
DPP is different from 2-yr contract

Quote from baublitz
:
As far as all current deals, this seems like a pretty good one. What would you normally do? Pay $20-30/ month for any random phone. This one is $15 per month AS LONG AS IT'S NOT PAID OFF FOR 24 MONTHS. Not bad as others say, if you definitely plan on keeping it for all 24 months.

Other than this, any reason not to buy?
it's horrible, because it's too restrictive. You can't even upgrade in the next two years without losing some of the credit.
If for some reason you need to cancel in a month, you lose your trade in value and end up paying almost full price, so you would end up paying over retail price. That's outrageous.

Quote from learnkodi
:
Make sure you all read the fine prints before pulling the trigger on these deals.

These carriers are getting smarter by the day. They are using these trade in promotions to force you to use their service for 2 years. That's why i have given up on all these carriers and just use MNVO.

If you're looking for an alternative way of getting some cash for your old devices with no strings attached. Swop for cash at www.swopsmart.com
unless you sell to a third party, 99% of those places where you sell your phone are a rip off
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Last edited by SDRebel December 1, 2016 at 07:03 AM. Reason: Automerged Doublepost

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#9
Quote from JazF
:
Not a bad deal if you must have Verizon.
Yep, Verizon only. Again I say, the deal is only good if you plan on keeping for 24 months, as the $33 to $15 price discount is applied per month. For example, if you wanted to pay off at 50% left, you'd still be paying around $400 b/c $792 is the financed amount. Same 24 month caveat for any trade ins....
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#10
Quote from SDRebel
:
you are terribly confused. If you pay 40/mo per line is because you have a 2-yr contract. You are not under DPP. DPP is what the offer is about.
DPP is different from 2-yr contract


it's horrible, because it's too restrictive. You can't even upgrade in the next two years without losing some of the credit.
If for some reason you need to cancel in a month, you lose your trade in value and end up paying almost full price, so you would end up paying over retail price. That's outrageous.


unless you sell to a third party, 99% of those places where you sell your phone are a rip off
Your reply just restates what I was saying... I know that anything less than 24 months with this phone is less and less of a deal. Besides, why would I cancel after 1 month? Everyone just needs to know that this is for people who normally keep phones for 2 yrs... you're getting a sick flagship for a great price IF YOU KEEP FOR 2 YEARS.
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#11
Where did you see $524 for an LG G4? Did that value show on the initial appraisal screen or did it update during the checkout process? I am only seeing a $59 for mine.
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#12
Quote from karazi
:
Where did you see $524 for an LG G4? Did that value show on the initial appraisal screen or did it update during the checkout process? I am only seeing a $59 for mine.
Even if you end up figuring out the correct trade-in value.... be cautious. The credit is applied over 24 months, not a lump sum. Those days are far and few now...
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#13
Quote from baublitz
:
Your reply just restates what I was saying... I know that anything less than 24 months with this phone is less and less of a deal. Besides, why would I cancel after 1 month? Everyone just needs to know that this is for people who normally keep phones for 2 yrs... you're getting a sick flagship for a great price IF YOU KEEP FOR 2 YEARS.
True, many of us actually like the 2yr plans over the DPP. Also, if you switch to one of these new plans, you won't be able to switch back. They tapped into our youth wanting the newest phone 10 minutes after it comes out. Two years goes fast...

"Relative to its previous portfolio of family and single plan options, it is simpler. But it's not necessarily cheaper. The $20 smartphone access fee represents a discount to previous users who had to pay a $40 fee under a contract plan, or $25 if you had a 4GB data plan or smaller. But if you had a larger family plan, you previously paid $15 a month for the access fee, so this actually represents a $5 price hike for every line you have."
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#14
Quote from Arcticat
:
True, many of us actually like the 2yr plans over the DPP. Also, if you switch to one of these new plans, you won't be able to switch back. They tapped into our youth wanting the newest phone 10 minutes after it comes out. Two years goes fast...

"Relative to its previous portfolio of family and single plan options, it is simpler. But it's not necessarily cheaper. The $20 smartphone access fee represents a discount to previous users who had to pay a $40 fee under a contract plan, or $25 if you had a 4GB data plan or smaller. But if you had a larger family plan, you previously paid $15 a month for the access fee, so this actually represents a $5 price hike for every line you have."
Which one is better for people who keep phones for 2 years? DPP isn't bad with the discount and deals like this. The Best Buy and buyout deals are for people who either want a new phone ASAP or are porting out/reselling.
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#15
thirdeye, how did you get $524 for your LG G4 ? I get $59 appraised value for mine ( not damaged at all). Is there a trade in promotional code?

What is the total upfront and monthly cost after trading in your G4 for $524?
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Last edited by osslickd December 1, 2016 at 07:49 AM.
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