After cutting the price by $130, T-Mobile is testing 36 month financing on the Samsung Galaxy Note 9

After cutting the price by $130, T-Mobile is testing 36 month financing on the Samsung Galaxy Note 9
T-Mobile has just dropped the price of the Samsung Galaxy Note 9 by $129.99. That takes the price of the 128GB version to $870. The price of the 512GB version has been reduced by $130 to $1,119.99. At the same time, the carrier is offering 36 month financing for the Galaxy Note 9 as opposed to the usual 24 month plan. In combination with the price cut, you can now pick up the Galaxy Note 9 from T-Mobile for 36 monthly payments of $24.17. The 512GB model is also $24.17 a month over 36 months, but a down payment of $249.99 is required.

T-Mobile has not implemented 36 month financing across the board, and is just testing this option for a couple of devices. It actually makes sense to go to 36 months since all indications are that U.S. consumers are now waiting longer before upgrading to a new handset. Most carriers used 24 months for financing since it fell in line with the old two-year contracts that phone buyers used to sign. Those were the days when wireless providers offered subsidies on new phone purchases. But with top-of-the-line flagship models now costing four figures, and carriers no longer subsidizing these purchases, U.S. consumers aren't so quick to jump to a new model every two years.

Interestingly, T-Mobile was the first of the four major carriers to abandon subsidies and signed contracts. Back in 2013, it started offering its Equipment Installment Plan (EIP) inside T-Mobile stores. While AT&T Next does allow users to pay off a phone over 30 months, T-Mobile is the first to test a 36 month option. And the results of its testing will help the carrier decide whether to make 3 year financing the default option in the future.

source: T-Mobile via TMONews

Related phones

Galaxy Note 9
  • Display 6.4" 1440 x 2960 pixels
  • Camera 12 MP / 8 MP front
  • Processor Qualcomm Snapdragon 845, Octa-core, 2800 MHz
  • Storage 128 GB + microSDXC
  • Battery 4000 mAh(29h 3G talk time)

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25 Comments

1. strategic_developer

Posts: 1627; Member since: Jul 17, 2018

No. 36 months does not make sense. If it takes u 36 to pay for a phone then you cant afford it and shouldnt be buying

3. AngelicusMaximus

Posts: 763; Member since: Dec 20, 2017

There's no interest, so it makes perfect sense. Even if you have all of the money upfront, it would be wise to take the installation. It keeps you more liquid & you can make a little extra interest on the money in your account.

15. worldpeace

Posts: 3135; Member since: Apr 15, 2016

No Interest but price depreciation in 3 years will be big, on third year you basically paying $24/month for a phone that cost $350 BNIB (maybe note 9 cost that much on 2021). But it's still a good deal for anyone who don't mind using the a smartphone for 3 year and don't want to drain their bank account just to buy a smartphone.

20. AngelicusMaximus

Posts: 763; Member since: Dec 20, 2017

Depreciation doesn't matter if you don't plan on ever selling the phone.

5. Peaceboy

Posts: 640; Member since: Oct 11, 2018

Well it doesn’t make sense making android phone cost as much as apple. The rage in pricing is insane.

12. sissy246

Posts: 7129; Member since: Mar 04, 2015

LMAO Iphones shouldn't cost what they do either.

21. Peaceboy

Posts: 640; Member since: Oct 11, 2018

Don’t compare ios from android. It’s nit just the cost if devices that should be considered in pricing. How about design, specs, quality, services, maintaince, app store, marketing, and research and design cost. The fact that apple is still selling tons of $1000 phones means that they are price very well otherwise no one will gonna buy it.

13. sissy246

Posts: 7129; Member since: Mar 04, 2015

Why not Just because you what to do payments doesn't mean you can't afford it. Do or did you make payments on your house or your car. I have been paying cash for our phones now with the last 2 we have bought. I use to do payments, didn't mean i couldn't afford it.

2. Alcyone

Posts: 582; Member since: May 10, 2018

Last time I noticed on T mobile.com the 512gb was not $300 off. It was never $1,419.99. https://www.t-mobile.com/cell-phone/samsung-galaxy-note9?color=oceanblue&memory=512gb Its $130 off.

4. Phullofphil

Posts: 1832; Member since: Feb 10, 2009

Who said it was

17. Alcyone

Posts: 582; Member since: May 10, 2018

Alan, that's who. The one writing the article lol. It's simple, he edited the article, after I noticed his error. Guessing, you have never made an error when writing? Simple, logic would suggest, I posted what I did for a reason. Hence, posting 2 HRS before yours.

18. Alcyone

Posts: 582; Member since: May 10, 2018

Guessing I need to screenshot all errors, that need to be corrected? Lol

6. BLUEBLASTER

Posts: 946; Member since: Feb 23, 2014

Surely 36 months you would end up paying a lot more than the standard 24 months.

7. Neoberry99

Posts: 79; Member since: Jun 30, 2015

How? I don't understand.

8. OneLove123

Posts: 1266; Member since: Aug 28, 2018

No you don't. It's still 0 interest.

10. sissy246

Posts: 7129; Member since: Mar 04, 2015

Why 24.17 x 36 months is 870.12

9. Pcworld1976

Posts: 184; Member since: Sep 18, 2018

36 months with that trash can be hell. https://youtu.be/skZ9yEV09UQ With so much sawtooth and lag you can stay blind

14. sissy246

Posts: 7129; Member since: Mar 04, 2015

Note 9 is still better then that ugly Sony, the back of that phone is ugly . And that sony is also running android 9.

16. Pcworld1976

Posts: 184; Member since: Sep 18, 2018

lol the only ugly parts that I know are from Samsung's mobiles, review the video again I see that you have not seen what garbage is the note 9

22. sissy246

Posts: 7129; Member since: Mar 04, 2015

LMAO Keep dreaming little boy.

23. Pcworld1976

Posts: 184; Member since: Sep 18, 2018

https://youtu.be/skZ9yEV09UQ poor note 9 how she cries

11. OneLove123

Posts: 1266; Member since: Aug 28, 2018

My account is still showing 25 months

19. Mobilephile

Posts: 171; Member since: Nov 25, 2012

These are the reasons why this is happening: Flagships are too costly, not selling well, most are skipping the 9 & waiting for Galaxy X (10). I mean let's get real, not everybody can shell out a grand for a phone. Flagships used to cost $500-700 a couple years ago. Thousand dollar phones just shows how ridiculous and out of touch these companies are sometimes with the consumer market.

24. Gavii2000

Posts: 22; Member since: Sep 23, 2013

I think this is a very good idea. No down payment and $24 sounds much better than $40 a month and after 2 years if you want to upgrade you paid off $580 and you gonna owe $290. I think the note 9 would worth $290 after 2 years. So you can pay it off with a Credit card and sell it.

25. patroni0

Posts: 56; Member since: Mar 26, 2012

that samsung won't be good in 3 years, no more support for updates, battery gone to hell, good luck with that

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