Is this a good idea or not

notes

I know its not going to clear my debts but every little helps. So is the following a good idea or is there any pitfalls .

I have a mobile which after finishing my last contract is now PAYG.
All very well, but due to commitments i struggle to spend about 15 quid a month on calls. Sometimes top up with 20 per month. And always "not answering" messages just to save credit.

Anywy my idea is to accept another contract on Virgin mobile for £20 a month which will cover all my calls and texts without a problem and no trying to save credit.
But the main thing is if i do this then i get a "free" latest phone to sell on ebay.

If you see what im getting at - essentially still spending 20 a month, but also getting phone to flog.

Or am i missing something ?

notes

Also what phones sell for a good price.

doodah

nope, makes sense to me as long as you're sure you wont go over your allowance and end up with a huge bill

any brand new phone i would have thought. why don't you have a look on ebay to see what the best sellers are?

silvercar

The latest phone won't be free. The free phones won't be worth enough to justify the £20 per month commitment for a year. That will be £240 your spending, at a guess the max value of a free phone will be £100.

skintscotsman

yeah, loads of folk do it!!!!

best way to find out which phone is most poplar (therefore probably best seller on eBay) is to go into the phone shop and find out! be honest with them and they'll likely give you a honst answrr!!! go to a few shops though for your research!!!

postingalwaysposting

a word of caution... although your plan seems a ok to me... if you sell phones on ebay you are inviting lots of scammers/scams please be aware... i dont want you to be out of pocket

notes

cheers doodah. dont want to go back to contract but it does appear to make sense.

No i wont go over. Has 200 texts and 100 minutes so should cover me easily.

Only thing is i have to try not to fall in love with new phone !

notes

ok thanks all. will look around and will be aware of scammers.

Do companies get upset about you selling it. Or more importantly is it legal ?

thesaint

If it isn't legal then e bay would be up ***t creek without a paddle. Most of the new phones on there site are from the source you describe.

I remember reading about one of the networks trying to clamp down, but the argument that was used by most people was "You have given us a free phone, how can you then say we can't do what we please with it"? I have never heard of anyone being caught out though. I have just got a Virgin contract phone through a 3rd party supplier, there is not anything that I have read stating that they do not allow you to sell the phone on.

notes

cheers. a true saint

postingalwaysposting

as long as its not in you contract you should be fine