Wed Dec 20, 2006 11:41AM EST
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Sick of your cell phone carrier's crappy service? Or maybe you've just received a brand-spanking-new smart phone as a gift, but it's from a rival cell phone carrier. Fortunately, getting out of a contract is easier than it used to be. If you signed a two-year contract recently, you might be in luck since carriers such as Cingular and Sprint offer 30-day trial periods in case you have second thoughts, and Verizon offers a pro-rated cancellation fee that increases the longer you have your phone.
But most of us are still screwed, which is where sites such as CellTradeUSA and Resellular.com come in handy. These sites let you put your cell phone and plan up "for sale" to any interested buyers. Charges are typically $15 to $20 to pass a contract on to someone else. Of course, you must have takers for it to work.
It also works the other way around, should you be looking for an inexpensive or temporary phone. All major carriers and time frames are offered (usually within the two-year contract window), and you can search by carrier, phone model, time frame, and the like.
So don't fret: Signing a two-year contract isn't what it used to be.
Related links:
Join in the discussion. Here you'll see the comments in the order they were posted.
The article is incorrect. When it speaks about Verizon having the pro-rated early termination fee, it says that the fee increased the longer you stick with the plan however it is just the opposite. The fee actally decreases the longer you keep the plan thus giving it a beneficial reason to sign up. Why would anyone sign up for a plan where the longer they kept the plan the more it would cost them to terminate?
I CANNOT BELIEVE THE AMOUNT OF PEOPLE WALKING AROUND WITH AN APPENDIGE ATTACHED TO THEIR EAR VIA THEIR HAND. THE DREADED CELL PHONE IS YET AGAIN REARING IT'S UNGY, UNSIGHTLY HEAD.THIS TIME IT LOOKS OMINOUS, A HARBINGER OF THE CHIP NEEDED TO PURCHASE FOOD CLOTHING ETC.THAT BIG BROTHER WILL SOON REQUIRE OF WE THE PEOPLE!!!!! WHILE CELL PHONES DO HAVE USES THE "I'M GOING IN THE STORE NOW, I'M GETTING ON/OFF THE BUS" THE CHATTERING IN THEATERS PLAYHOUSES ETC IS SIMPLY AN INCONSIDERATE PERSON TRYING TO BOOST AN ALREADY DEFLATED EGO BY TRYING TO APPEAR IMPORTANT. IMPORTANT TO WHOM THE POOR PERSON ON THE OTHER END OF THE LINE. NOW VERIZON WANTS TO UP THE ANTE GREAT
I think they meant the pro-rated rate increases the longer you keep the phone with Verizon, not the amount they charge. Duh...
Verizon has never mentioned this pro-rated rate, they are still telling me it will be $175 per phone (we have 4 with verizon) to get out of our 2 year plan. Plus, anytime we have made a change to our main phone on the plan, they have extended that 2 year date! Can they do this?
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1 Posted by manditaah on Thu Dec 21, 2006 10:52PM EST Report Abuse
Good article, but there was no mention about what happens with your current number when you "resell" your contract....Is there any way to keep it? If so, it would be worth it to get out of the two-year contract I agreed to. What was I thinking??