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Guspaz
Guspaz
Premium,MVM
join:2001-11-05
Montreal, QC
kudos:16

Increasing it is justified

My provider has an ETF of $500 for my iPhone contract (3 years).

Know why I don't see a problem? Because the retail price of the phone is $500 more than I paid. If I had bought the phone outright with no contract, I'd have paid $500 more. If I terminate my contract, I'd have paid $500.

Although, my contract is pro-rated after 50% through, I believe. Would have preferred if it started at the beginning, but meh.

My point is, the telco charges at retail what Apple charges them; as far as I know, there isn't a markup. If you cancel and pay an ETF that doesn't let them recoup the cost (as in, buy it and cancel immediately and pay the ETF), then they're losing money.

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