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Old 09-12-2011, 12:12 AM   #15
Rathji
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Quote:
Originally Posted by Wormius View Post
I didn't think $6/hr was a salary anywhere in Canada.

I thought the contracts were so that you paid off the balance owing on the phone, so if you just signed a 3 yr contract you would be out $500 - whatever portion of you monthly bill is for the phone. So wouldn't you just be better off signing a contract and if you had no problems with the provider, the phone is essentially free after 3 yrs, if you hated them you just pay whats owing, which should still be less than the phone outright, unless yoi cancelled in the first month of a 3 yr deal?

Unless I am totally out to lunch here. I was king of thinking about Virgins' tab deal.
I am pretty sure your phone will almost never be worth more than the cancellation fee for a typical contract, simply due to the depreciation of the phone. Especially factoring in you need to pay more on top of the contract for a higher end /newer phone ($50-$150)
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