Three contract iPhone 5S - flexible upfront cost

grumbler

No, it was for 24 months.
The Excel formula is =RATE(24, -36, 610) that gives the monthly rate 2.995%.
APR=(1+0.02995)^12-1=42.5%

You-kip

lloydyyy wrote: »

I was looking at the iPhone 5S 64GB on Three's 'The One Plan'. The upfront cost is £99 and the monthly cost is £51. Is the upfront cost fixed or is there an option to pay more upfront to reduce the monthly cost?

I didn't pay no up front cost for my 5s and my plan I got is not even listed but mine is only the 16GB not the 64GB

kaz243

You-kip wrote: »

I didn't pay no up front cost for my 5s and my plan I got is not even listed but mine is only the 16GB not the 64GB

What did you manage to get?? And how?!

NFH

You-kip wrote: »

I didn't pay no up front cost for my 5s and my plan I got is not even listed but mine is only the 16GB not the 64GB

That's because the 16GB costs £160 less than the 64GB. Therefore the upfront cost will be £160 less, assuming the same monthly repayments.

You-kip

kaz243 wrote: »

What did you manage to get?? And how?!

Thought mine was £42 a month but checked on My3 account and it's £41.

I've normally just upgraded online but was in the City walked into the 3 shop and it wasn't until I mentioned doesn't 6 years of loyalty mean anything these days to which he sat me down and 20mins later done.

ZhugeEX

You-kip wrote: »

Thought mine was £42 a month but checked on My3 account and it's £41.

I've normally just upgraded online but was in the City walked into the 3 shop and it wasn't until I mentioned doesn't 6 years of loyalty mean anything these days to which he sat me down and 20mins later done.

6 years of loyalty = standard price...

I mean seriously. £41pm is mental!

You-kip

ZhugeEX wrote: »

6 years of loyalty = standard price...

I mean seriously. £41pm is mental!

£41 a month may be a lot for some but I'm fortunate to see £41 as 2 and half hours work.

ZhugeEX

You-kip wrote: »

£41 a month may be a lot for some but I'm fortunate to see £41 as 2 and half hours work.

I'm talking compared to what you can get for half that price.

You-kip

ZhugeEX wrote: »

I'm talking compared to what you can get for half that price.

Same with anything really I suppose, some people spend 20k on a car some spend £500 everyone's different.

grumbler

ZhugeEX wrote: »

6 years of loyalty = standard price...

Is the standard price not £99+24x£41 (or 24x£52 for the most desperate customers wanting to borrow extra £99 @213% APR)?