Quote (Twax @ 9 Mar 2018 14:14)
Anyone know if it's more advantageous to pay for you new smartphone outright versus paying it off monthly ?
Depends on the plan/carrier.
Koodo right now offers 50% off on pixel 2 on large tab on top of ur plan. And more phone deals like S8 etc.
U pay 0 upfront, and pay 21$/mo for 24 months. Which is 504 dollars. If you bought a pixel 2 outright elsewhere, it's 1000. So u just saved Urself 500 bux. U can also pay off the tab whenever you want, so u don't have to wait 24months either. This method just allows ppl who don't have 500 on the spot and is more convienient to pay it off over 2 yr span.
However if Ur with shit carrier like Rogers, and they make u sign a contract and pay off the phone monthly on top of ur plan, buying outright is the way to go. Since Ur basically paying Rogers interest for choosing to pay a phone overtime.