Upgrading to the iPhone 5

[Anonymous]

Hi,

I'm looking to upgrade to the iPhone 5, however I only started my new 24 month contract about 2 or 3 months ago. I remember when I upgraded from the 3GS to the 4, I brought out my contract. I was wondering if I could somehow get a quote as to how much it would be to buy this one out? I contacted my local store and they told me to phone 202 which I did but all it told me was that I wasn't eligiable for an upgrade yet.
Can anyone help me? I am quite keen to upgrade to the iPhone 5.

[jonsie]

It will be the remaining months multiplied by the monthly tariff (less any bolt ons you may have).

[perksie]

I think you're barmy, but you could just phone and say you want to cancel.

Surely a better and cheaper way would be to sell your iPhone 4 and put the money towards buying the 5 outright and keep the same contract.

[Anonymous]

Wouldn't I be charged for cancelling the contract?

If I did buy a 5 outright from say Apple, would I still have the same support from O2 on my contract? (obviously not the phone) 

[jonsie]

It's really the only sensible way if you are adamant you want the iphone 5. Three months into your contract, did you not think of waiting with the 5 release imminent?

[jonsie]

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@Anonymous wrote:

Wouldn't I be charged for cancelling the contract?

If I did buy a 5 outright from say Apple, would I still have the same support from O2 on my contract? (obviously not the phone) 

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Your contract would just carry on with full support from both O2 and Apple

[Anonymous]

Wasn't totally sure when it would be out. Still wasn't finalised. How much roughly would I be charged if I cancelled my contract?

[jonsie]

21 months times your tariff.

[Pickles]

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@perksie wrote:

I think you're barmy, but you could just phone and say you want to cancel.

Surely a better and cheaper way would be to sell your iPhone 4 and put the money towards buying the 5 outright and keep the same contract.

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I have to agree with Perksie here.  You would be better off selling your iPhone 4.  It should work out much cheaper to buy the iPhone 5 than to buy out your contract when you are only 3 months into it!

You will still get the same support from O2, as your contract would remain the same with them.

[Anonymous]

It would defiantly be best to buy the 5 outright as you will just be throwing money away paying off 21 months and getting nothing for it