on 10-03-2015 00:44
on 10-03-2015 00:44
on 10-03-2015 06:18
Hi @Anonymous
I presume you are talking about the iPhone on Refresh tariff?
Yes... it does cost slightly more but you have it split into two parts Device and Airtime which has its advantages
First, it makes it cheaper for you to get a new device before the end of your contract. You'll only need to pay the Device Plan balance, instead of paying all the remaining months of your standard contract.
Second, when you keep the phone you buy on O2 Refresh beyond 24 months, your Device Plan automatically ends and you'll only have to pay the Airtime Plan.:smileywink:
Veritas Numquam Perit
on 10-03-2015 08:17
on 10-03-2015 08:17
on 10-03-2015 09:24
on 10-03-2015 09:24
on 10-03-2015 09:44
on 10-03-2015 09:44
Well strictly speaking and more importantly, legally it isn't interest. It is an inflated price but it's something you need to be looking at before taking out the contract.
Someone unable to pay circa £700 outright are happy to pay more to spread the cost over two years with the option of paying it off early. There are a few threads on here about O2's pricing policy but they want to make maximum profit per unit and people fall over themselves to get their hands on the latest Apple product.
Compare that with the latest Amazon phone which are now being discounted to the point where you can pick them up free with a packet of peanuts. Supply and demand and, as ever, the choice is with the consumer whether to pay the asking price. You made that choice.
on 10-03-2015 11:51
on 10-03-2015 11:51
12-03-2015 06:43 - edited 12-03-2015 06:44
I looked into this yesterday. I can have an iphone 6 64gb from O2 for £720 with an £18 a month contract (unlimited minutes and texts, 2gb data)
But I can buy the phone from Apple at £619, and go Sim only at £20 a month for the same minutes/text/data as above, and get £40 off for the year, making the contract a little over £16 a month, and get 2 years warranty
on 12-03-2015 07:24
on 12-03-2015 07:24
on 12-03-2015 07:33
on 12-03-2015 11:26
on 12-03-2015 11:26
Paying £53/month on refresh and the phone works out at £720 (£30/month) but not many people can afford to lay out the £600+ in one lump sum, especially the age group that want the latest iphone. They are quite happy to spread the extra cost over two years.
No one has to pay O2's price, we all have freedom of choice...