What does it mean by one year contract when you buy cell phones?


You know, when you buy phones, it says like for 9 with mail-in rebate and like 2 year contract… What do those mean? the rebate thing and the contract thing? tell me if you know please..

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2 Responses to “What does it mean by one year contract when you buy cell phones?”

  1. Tora J says:

    Lets say you want a phone that is for sale for $300.. if there is a $50 mail-in rebate it would say $250 with $50 mail in-rebate.. so usually you pay the full $300 and then you mail in this coupon and you will get a check back for $50… the contract is your service plan, usually you agree to pay so much a month with a certain provider for 2 years.. you most be sure you want this because to cancel your contract may cost you hundreds of dollars..

    so i believe you would pat $179 up front and sign a contract saying you will agree to stay with this provider for 2 years paying X amount a month.. after you mail in your rebate you will get $50 back..

    hope this helps, good luck

  2. SourChipmunk says:

    It means you have to keep your wireless service with that provider for that contract length, or else they will charge you a penalty to leave early.

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