this post was submitted on 17 Dec 2025
417 points (99.3% liked)
Technology
77790 readers
2432 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
When I left my company, I had to get a new phone. When I talked to the rep, the phone cost was essentially free with a contract.
The offer was that Verizon would pay for the phone over the course of three years.
So it's not financing so much as it was free with a contract. When I asked why this was, he said that it was due to how the market was. Everyone has a phone at this point so now cell service provides have to compete to keep people. So they are willing to pay for your phone so long as you are locked in with them.
But the contract is more expensive than without phone? Or is it the same?
It was the exact same. the math of this is that verizon makes enough money on the contract that they can pay for a phone within your 3 year contract.