The droid for example is a $600 phone. That they can sell subidised for $200 with the rest coming out of your monthly plan over 2 years. If you can just pay $200 quit and pay $175 termination fee, you're probably getting the droid at cost to verizon. And here's why they changed it.
Although, $1000 deposit? I should think they'd have to refund some of that if you quit early...
Really? That's their excuse? Because it's pretty hard to talk about how affordable your phones are when you require the highest deposit for those that have low credit. I was thinking of going to verizon about two years ago. They wanted a $1,000 deposit as opposed to Sprint's $100 deposit.
Guess which one I went with.
I know this is late, but I needed to get it off my chest. Verizon is nuts if they're claiming ETF are to help keep their phones affordable.