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iPhone 5 on Refresh more expensive than on PAYG

Deag
Level 9: Fired up
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Why is the iPhone 5 on refresh more expensive than buying it on PAYG. 16GB is £600 on Refresh and on PAYG it is £549.

 

Would seem to imply that although there is no interest charge you pay more for the phone

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Anonymous
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It's even cheaper at the Apple Store and is also fully unlocked.

£529 for 16gb
£599 for 32gb
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perksie
Level 69: Guiding Light
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@Deag wrote:

Why is the iPhone 5 on refresh more expensive than buying it on PAYG. 16GB is £600 on Refresh and on PAYG it is £549.

 

Would seem to imply that although there is no interest charge you pay more for the phone


I would guess it's because it's being sold on interest free credit over two years.

To support Disasters Emergency Committee: http://www.dec.org.uk/appeals text Nepal to 70000 to send £5

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Anonymous
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Bit of a con really in my eyes
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perksie
Level 69: Guiding Light
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I think if O2 were to shut down tomorrow you would be ecstatic! wink

 

Sadly for you and fortunately for their customers, it won't happen and we can only offer advice here.

 

Where else could you buy something of that value for a cost of 50 pence a week over the retail?

To support Disasters Emergency Committee: http://www.dec.org.uk/appeals text Nepal to 70000 to send £5

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Anonymous
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As I read it the £600 is the upfront Refresh price of the iphone 16gb. If taken with no upfront payment it is 24 x £20 = £480. I really don't understand...!

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perksie
Level 69: Guiding Light
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£600 is the cash price without a Refresh contract surely?

To support Disasters Emergency Committee: http://www.dec.org.uk/appeals text Nepal to 70000 to send £5

Sky Unlimited Broadband - Windows 10 - Nexus 4 Android 5.1.1
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Anonymous
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If you look at the Refresh options for iphone 5 16gb there are 4 listed - from £600 + 24 x £0 to £0 + 24 X £20.
The options in between also result in higher total payments than the 24 x £20 option.

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