said by RARPSL:said by motoracer:
Whose going to pay $100 upfront then $20/month for 24 months for a phone? That's $580 just for the phone...Just because you break it up into a monthly payment doesn't mean you're getting a deal.
That $580 figure is deceptive. That includes the cost of the phone but also interest that you are paying for the loan that T-Mobile is making you to pay off the phone cost. I do not know how much they would charge you if you wanted to buy it outright now but the equivalent figure should be much less than that $580 total payment.
Huh? Apple charges $649 for the unlocked iPhone. T-Mobile charges $579.