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Question about EVO plans and ETF

Journeyman

Question about EVO plans and ETF

Just curious about something - I know prices are only rumors as of right now for the EVO, but considering the "general standard" on phones we know that the EVO will have two options:

Option 1 - $200/2 year contract

Option 2 - $500-$600 no contract

We also know that sprint charges an ETF of $200.  Hypothetically speaking, someone who didn't want to be locked into a contract... couldn't they just do the 200/2 yr contact route and cancel after 31 days paying the $200 ETF for a total of $400?  (Afterwards apply for service with no contract)

If that's the case, then why would anyone do option 2? Either this is a loophole (doubtful) or I'm missing something.

2 REPLIES 2
Wizard

Re: Question about EVO plans and ETF

Why would you buy the phone with a contract, then immediately buy out of the contract, then re-establish service without a contract?  If you want the service, keep it under the contract until you want to terminate service, THEN pay the ETF to cancel, if necessary. The ETF starts reducing after five months of service, so you might save money that way.  Also, Sprint, like other carriers, occasionally makes material changes in their policies, which if resulting in a materially adverse affect on your account, may allow you to terminate the contract with no ETF at all.

Also, your method would require you to jump through some hoops if you wanted to keep your original phone number.  Though your method might be an option for someone who is not eligible for upgrade discounts on their existing line...buy the phone on a new line, then ETF out of it and put the phone on your old line, assuming your prices are correct.

Journeyman

Re: Question about EVO plans and ETF

IIRC there is a deadtime after they cancel where they cannot come back.  If they want to keep their number they will have to port it elsewhere as well.  There are some roadblock, but there are also ways around it where essentially yes you can do just that.

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