Mobile repayment option & Early Termination Fee. iPhone 6 $79 a month!

Forums › 2degrees (including Slingshot, Orcon, Flip, Stuff Fibre, MyRepublic, 2talk and Vocus) › Mobile repayment option & Early Termination Fee. iPhone 6 $79 a month!

isaiahp

28 posts

Geek

#153654 3-Oct-2014 17:58

I was thinking of purchasing a new iphone 6 from 2 degrees going on the $79 a month plan for 24months.
However 24 months is a long time to be stuck with the same phone, In 24 months the Iphone 8 will most likely be out.

So my question is if I was to terminate this plan what will the cost be?
-I know that I will have to pay the remaining balance of the handeset off. But does that include the monthly plan charges too?
-Also is there an early termination fee and does anyone know how much this will cost?

Any relevant input will be of help

Cheers

p.s. I Probaly should go in store and ask, but this is just to get a heads up.

DeroyBoy

262 posts

Ultimate Geek
+1 received by user: 35

Trusted

#1146891 3-Oct-2014 19:11

The plan is open term so if you cancel the plan you will just have to pay the remaining amount owing on the handset.

isaiahp

28 posts

Geek

#1147200 4-Oct-2014 14:19

Are you sure about that? How do you know? it says on the website there might be an early termination fee

DeroyBoy

262 posts

Ultimate Geek
+1 received by user: 35

Trusted

#1147228 4-Oct-2014 14:55

New MRO's are only available on Freedom Term plans. Previously it was possible to get them combined with a 24 month term plan but that has changed.
I work for 2d (but am not claiming to represent them here)
Also only available to new pay monthly customers.

isaiahp

28 posts

Geek

#1147550 5-Oct-2014 11:26

Okay thanks, if thats the case for only a $29 upfront fee, 2 degrees is killing the competition.
I dont see why other companies arent being more competitive. It is $0 upfront $170 a month using vodafone and $0 upfront and $140 on spark

nzkiwiman

2585 posts

Uber Geek
+1 received by user: 390

Subscriber

#1148882 7-Oct-2014 08:37

If I was in the market for an iPhone 6, this seems to be a really really good deal.
Just wish it was a 64GB version that was on offer.

Doing the maths, it seems as if 2D is loosing $10 on the RRP price of the iPhone
Total cost of plan over 24 months = $1925
Cost of the $39 plan over 24 months = $936
Left over = $989 for the phone

However I am not in the market for an iPhone 6 and I don't need the benefit of the $39 plan
My Nexus 4 is doing its job just fine

pgs2050

282 posts

Ultimate Geek
+1 received by user: 16

#1148930 7-Oct-2014 09:45

I would expect that the RRP will include a margin for the retailer, which is probably more than $10 on a $999 price tag. So 2 degrees are most likely cutting their margin (in comparison to others selling at RRP), not losing $10.

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PhantomNVD

2619 posts

Uber Geek
+1 received by user: 759
Inactive user

#1149095 7-Oct-2014 12:52

nzkiwiman: If I was in the market for an iPhone 6, this seems to be a really really good deal.
Just wish it was a 64GB version that was on offer.

Doing the maths, it seems as if 2D is loosing $10 on the RRP price of the iPhone
Total cost of plan over 24 months = $1925
Cost of the $39 plan over 24 months = $936
Left over = $989 for the phone

However I am not in the market for an iPhone 6 and I don't need the benefit of the $39 plan
My Nexus 4 is doing its job just fine

Yup, 64Gb is the sweet spot, even if I needed to front up the difference, that would get me to sign up as a contract customer rather than freedom term....