Best Buy internal document leaks, making T-Mobile's current pricing easy to understand
Eventually, there will be a new pricing option made available for Best Buy that will be ready before the end of the big box retailer's current fiscal year. That would suggest that the new pricing plan would be in place before the end of February 2014. But for right now, a phone like T-Mobile's HTC One will cost $249.99 with a signed two-year pact at Best Buy and other national retailers. At T-Mobile corporate owned stores, you are asked to make a down payment of $99 and pay off the balance in 24 monthly installments of $20 each. And while you are not technically tied up with a two-year contract, your phone won't be unlocked until it is paid off.
The document does show that with the new pricing plan at T-Mobile corporate stores, over a two-year period you are still paying less for an unlimited data plan with the EIP pricing for an HTC One even though you are paying full price for the phone.
This leaked screenshot of an internal Best Buy document reveals the current pricing scheme for T-Mobile devices at Best Buy
1. jerrycutshaw (Posts: 3; Member since: 27 Apr 2011)
What Best Buy isn't telling their customers is the $20 unlimited data isn't required with the simple plans. Some data tier costs will be required with the classic/value plan Best Buy is offering. Gotta love the misinformation!
2. lkjhg755 (Posts: 80; Member since: 21 Nov 2012)
This is a bad deal unless you need a quick upgrade, it ends up being $580 for which the phone will be selling unlocked.
3. PAandi (Posts: 3; Member since: 08 Apr 2013)
That's the business strategy; all the phone companies will scam you in one way or the other...that's the business
4. bubbadoes (Posts: 307; Member since: 03 May 2012)
It's still a contract, just not in writing. $99.00 down (caveat with approved credit) and you get to pay for the device @ $20.00 for the next 24 months. That's $579.00 you have paid to T-mobile. Leave early, and you owe the balance on that $579.00 or whatever retail value they want to place on you. It's a contract! period
7. TheMan (Posts: 337; Member since: 21 Sep 2012)
What? You expect T-Mobile to just give you the phone?
T-Mobile has no service contract. That's what the industry has referred to when you enter into an agreement, to keep service for one, two, or three years. Leave early and you're hit with a penalty. There's no penalty with T-Mobile's new Simple Choice; you can leave whenever you want.
As for the phone, they allow you the option of paying it off over 2 years, but one can pay it off early. That's not a contract, that's a purchase and to expect something for nothing (or less than the whole payment) makes no sense.
5. imkyle (Posts: 938; Member since: 18 Nov 2010)
What BB needs to do is have live demo units of phones like the carrier stores do.
6. erikiksaz (Posts: 53; Member since: 22 Apr 2010)
How is it a contract if: (1) you can pay it off in full and not have any other ties, (2) you determine how long you want to pay off the phone?
Just because they require $20/month doesn't mean you need to drag it out that long. It is not a contract, it is a loan that you can pay off within 2 years or within 2 seconds.
8. TheMan (Posts: 337; Member since: 21 Sep 2012)
Actually, it's an interest-free loan. Like layaway
9. bubbadoes (Posts: 307; Member since: 03 May 2012)
Lots of rookie teenagers posting in pa now who dont know simple plain english or a contract. How many of you are gonna pay full retail for The One when it comes out. Or be cheap with your 99 down and 20 bucks for the next 24 months. No matter how u slice it. U will be stuck with t mobile for 24 months paying off your phone and broke upfradimg every six months because if u leave before the phone is paid odd then you owe the balance. Then you are back to square one when you get your new phone. Call it whatever u want. I can think of several that come to mind. But i'll just get moderated