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MRCUR

join:2007-03-09
Columbia, PA

reply to motoracer

Re: Too bad...

If you leave early, yes you're on the hook. T-Mobile has a bunch of options for you:

You can immediately buy out the remainder of the phone (based on the retail price of $580 for an iPhone 5 for example).

You can continue to make the monthly payments (so just the $20) and when you're done, the phone is all yours and T-Mobile unlocks it for you.

You can also "trade in" the phone to T-Mobile. They say you'll get "fair market value", but they don't have a pricing list for this yet.

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