Got a tip for us? Share it...

T-Mobile USA Announces $0 Downpayment on All New Devices

T-Mobile, the fourth-most popular carrier in the United States in terms of subscriber numbers, announced today that it is launching a new promotion whereby any new, eligible customers will not have pay a single cent in downpayment for a new phone when signing up to a T-Mobile USA plan. Customers can now receive new devices for free and spread the cost over the terms of their contract, which in most cases is 24 months.

Screen Shot 2013-07-26 at 3.35.03 pm
In the case of the iPhone 5, customers pay an extra $27 a month on top of their standard price plan, which includes any minutes, text messages and internet access, with no interest payable. Prior to this, the iPhone cost $145.99 upfront plus 24 monthly payments of $21, giving a total cost of $649.99 – under the new plan, customers pay $648 in total for the device. It is important to note here that this promotion is only valid for the 16 GB model; the 32 GB and 64 GB models are not available at a special promotional price.

T-Mobile's recently initiated JUMP plan, which is designed to allow customers to upgrade their phones twice a year after paying an additional $10 device fee, can be combined with the new $0 downpayment program. According to T-Mobile, the $0 price promotion is available for a limited time, though the company did not specify an ending date.

Top Rated Comments

(View all)

Posted: 15 months ago

What a gimmick. They are just moving the money you pay around. You're still gonna end up netting the same $$ years ago at the end of the day. Meh.


How is it a gimmick? You pay for the phone $0 down and pay in monthly installments interest-free. Their plans don't include the price of subsidies like the other carriers, and they're also cheaper. Once your phone is paid off, you stop paying for it and you no longer see that amount on your bill. Plus, there's no contract so you're free-to-go or upgrade as you please, as long as you finish paying for the phone.

With other carriers you're locked into a 2 year contract and keep paying for your phone even after it's paid off. If you decide to renew and keep the same phone, you're going to keep paying for the phone for another 2 years. You get raped horribly.
Rating: 7 Votes
Posted: 15 months ago
T-Mobile is making it easier and easier to switch. I need to find out how their coverage is in my area.
Rating: 6 Votes
Posted: 15 months ago
Oh how I wish Tmobile worked where I live...
Rating: 4 Votes
Posted: 15 months ago

Dear T-Mobile,

Make up your mind.

Sincerely,

The Public


??
Rating: 3 Votes
Posted: 15 months ago
I don't know why, but the CEO is starting to sound like those "crazy eddie" salesman of old.

You want an iPhone!?!?!? And how much will you put down!?!? $150!? $145?! How about $0 down!?!?! I'm slashing prices everywheeeeeeeere!!!!!!!
Rating: 3 Votes
Posted: 15 months ago
Wow, pretty impressive for those wanting no up front costs for the phone. If/when Tmobile builds out their network to work better, I'll jump ship.
Rating: 2 Votes
Posted: 15 months ago

T-Mobile is making it easier and easier to switch. I need to find out how their coverage is in my area.


That's the rub. I'd switch to T-Mobile for my primary line if their rural coverage was closer to AT&T's.
Rating: 2 Votes
Posted: 15 months ago
T-Mobile is the leader of this revolution and their plans give customers the best deal.

Their network may not be the greatest, compared to AT&T and Verizon, but I have no problems with them in my city.
Rating: 2 Votes
Posted: 15 months ago

How is it a gimmick? You pay for the phone $0 down and pay in monthly installments interest-free. Their plans don't include the price of subsidies like the other carriers, and they're also cheaper. Once your phone is paid off, you stop paying for it and you no longer see that amount on your bill. Plus, there's no contract so you're free-to-go or upgrade as you please, as long as you finish paying for the phone.

With other carriers you're locked into a 2 year contract and keep paying for your phone even after it's paid off. If you decide to renew and keep the same phone, you're going to keep paying for the phone for another 2 years. You get raped horribly.


$0 Down and your monthly installments are larger. You're still paying $648 or whatever for an iPhone. So once you end up paying retail for a phone and pay it off a year later. You get to add a different set of installment? How is that any different in the long run? You'll be stuck on the installment price forever and T-Mobile knows this. If they make it easy to always upgrade to the newest thing, specially with little to 0 down people will just keep upgrading every 6 months to a year.

Either way the carrier is going to get their money they are just putting it in different places. You can praise them for the "innovative, revolutionary" change. In the end they are in business to make money not help you out. They just make things "look" a little more attractive. I wish their network was half way decent, because I wouldn't mind switching. But like I said. It's just a gimmick instead of the other $400 not being paid into installments for other carriers it's buried in other charges mark ups and fees. Either way the company is getting that money back :)

I do not not a single soul who keeps phones for longer than 2 years.
Rating: 1 Votes
Posted: 15 months ago

I do not not a single soul who keeps phones for longer than 2 years.

I've had my iPhone 4 since it first came out.
Rating: 1 Votes

[ Read All Comments ]