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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December 9th, 2009 at 11:23 pm
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
December 9th, 2009 at 11:23 pm
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.