With 36-month financing and a trade, T-Mobile has high-end phones priced as low as $10 per month

With 36-month financing and a trade, T-Mobile has high-end phones priced as low as $10 per month
How would you like to get a high-end phone like the Samsung Galaxy Note 9, Galaxy S9, Samsung Galaxy S8, LG G7 ThinQ, LG V40 ThinQ and more for as low as $10 a month? T-Mobile is offering a deal that uses a 36-month Equipment Installment Plan (EIP) and a trade-in to make buying your next high-end phone a lot less painful to your wallet. Here's how this works. Bring your trade to a T-Mobile retail store, and they will give you as much as $360 through bill credits for your old phone. And depending on the model you choose, you can pay off the phone over three years instead of two.

For example, the 128GB Samsung Galaxy Note 9 is $900 at T-Mobile. Paying monthly over 24 months, that works out to $37.50 a month. With the 36 month EIP, the monthly payments are $25 over 36 months. And if you get the maximum $360 value for your trade, you will pay only $15 a month over 36 months for one of the hottest Android phones.

Now this is only part of the equation. If you're looking to save money on your wireless plan, T-Mobile Essentials gives you unlimited talk, text and data for $30 per line for a family of four, with autopay. Our math skills might have declined since we left school all those years ago, but if you can pick up a new top-shelf handset for $10 per month and pay $30 per month for unlimited data, that comes out to just $40 each month for your device and service.

For just $10 a month per line more with autopay, a family of four can subscribe to T-Mobile One. This is the carrier's plan that has all the extras you want such as unlimited mobile hotspot usage, and free Netflix.

Before you put on your coat and head to your local T-Mobile store, STOP! The deal doesn't start until Friday, October 19th.

source: T-Mobile

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13 Comments

1. atlvideoguy

Posts: 73; Member since: Feb 24, 2012

And like that 3 year commitments are in!

3. iphart

Posts: 22; Member since: Oct 17, 2018

No there is no commitment. You’re not getting any discounts by doing the 36 months financing. You can pay it off at any time.

2. Crispin_Gatieza

Posts: 3112; Member since: Jan 23, 2014

"And if you get the maximum $360 value for your trade, you will pay only $15 a month over 36 months for one of the hottest Android phones." OK, we've established $15/month right? "Our math skills might have declined since we left school all those years ago, but if you can pick up a new top-shelf handset for $10 per month and pay $30 per month for unlimited data, that comes out to just $40 each month for your device and service." It's been close to 40 years since I graduated from high school but $15 plus $30 used to equal $45. You need to go back to remedial math class. C'mon Alan, whatcha put'n in da spliff?

4. Alan01

Posts: 584; Member since: Mar 21, 2012

Uh...re-read the paragraph. $10 + $30= $40. We only established $15 for the Note 9. The paragraph reads, if you pick up a top-shelf handset for $10 per month and pay $30 for unlimited data, that comes out to just $40 each month. Other models start as low as $10 per month. Regards, Alan

5. GoTstan

Posts: 386; Member since: Jul 25, 2015

I agree with crispin, bc I thought the same thing. I get where you're coming from since you explained. It was a horrible transition from one paragraph to the next bc it seems like you're still referring to the note

7. Alcyone

Posts: 260; Member since: May 10, 2018

I, also agree. I informed of an error on an article the other day. Ironically, it was a numbers error. Funny thing being, I was trolled for pointing it out, considering the edit wasn't noted.

9. Crispin_Gatieza

Posts: 3112; Member since: Jan 23, 2014

I was just bustin' your balls, I thought it was evident. But seriously, this is a hard sell when you consider that unless it's an iPhone, you'll be upside down within 3 months due to the ridiculous depreciation we're seeing these days. The 2nd hand market is brutal for resellers and I suspect you'll be seeing a lot of "bad IMEI" listings fairly soon.

6. cR203

Posts: 209; Member since: Jan 27, 2013

If you have to pay off a phone over 36 months you have to ask yourself if you can really afford it and if it's a priority?

8. Crispin_Gatieza

Posts: 3112; Member since: Jan 23, 2014

Not necessarily. It's interest-free financing so even if you can afford to pay full price at the time of purchase, it makes financial sense to leave your money in your account where it could produce for you (interest-bearing account). Businesses do this all the time with suppliers. Ordinarily, invoices are "Net 60" where you pay the full amount in 60 days or even get a 1.5% rebate for paying it off in 30. Rarely do you see invoices paid upon receipt.

11. DnB925Art

Posts: 1167; Member since: May 23, 2013

Also many phones are good enough now where they can easily last 3 years. iPhones and Pixels get updates for at least 3 years and even many Samsung phones get at least 2 years of OS updates and a year of security updates.

10. DigitalBoy05

Posts: 275; Member since: Jun 04, 2011

If you have netflix as a standalone service then going with the normal TMO 1 plan makes more financial sense. The netflix is roughly 12 bucks a month and not having to pay taxes and fees makes the cost even out with the essentials plan after taxes and paying separate for netflix.

12. notfair

Posts: 711; Member since: Jan 30, 2017

Phones should not be that expensive to start with, this 1000$+ price trend is abysmal or worse, people should not buy.

13. notfair

Posts: 711; Member since: Jan 30, 2017

Phones should not be that expensive to start with, this 1000$+ price trend is abysmal or worse, people should not buy.

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