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Wednesday, June 27, 2012

Food for thought!

Om nom?


With Google annoucing now that the GSM galaxy Nexus is being dropped to $349, I thought everyone would like a comparison on how much you can save by going prepaid instead of postpaid.

Remember, this is a simple comparison and depends where you live and what service you choose.  This will hopefully start making more sense to folks as I post more about different carriers that offer more coverage.










Verizon:




LTE Galaxy Nexus = $149.99 + sales tax = $158.99 (in Pennsylvania)

Unlimited minutes + Unlimited Texting + 2 GB Data ($10/GB overage charge) = $119.99/month + taxes = about $135/month

$35 activation Fee or $30 existing customer upgrade charge (stupid fees)

Total 2 year contract cost is about $3428.99

T-Mobile prepaid:  (See my previous post A study in magenta)

Google GSM Galaxy Nexus = $349 + applicable taxes (comes to $381 taxed and shipped to me here in Pennsylvania)

Unlimited Minutes + Unlimited Texting + 2 GB data (throttled but no overage charge) = $60 + taxes = about $70/month

Total over 2 years = $2061

Savings over Verizon = $1367.99 over 2 years (or a whopping $57 per month)


That is some significant savings.  I sure would love $57 per month extra to spend on other things.....like the new Nexus 7 Tablet!

Hopefully that lets helps everyone understand how much money their plans are costing them.  I know there are folks out there who get discounts through their jobs, as much as 23% off their costs.  Even with this factored in, the cost for this is $2639.56 over 2 years. In this instance prepaid still offers a savings of $578.56 over 2 years, or $24.10/month.

Some folks may believe that an acceptable cost, but I do not.  Not to be locked into a contract with termination clauses in excess of $300.

What would you do with $24 to $57 per month extra?

Let me know your thoughts below :)

-Matt

2 comments:

  1. Dude, prepaid straight talk, 45 a month, no cap, att 4g, amazing service. Been using it on galaxy nexus hspa+ for few months. Screw big red, magenta and all the others.

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    Replies
    1. Totally!

      I just ordered my Galaxy Nexus hours before it was pulled from the Google store....and it has been shipped lol.

      I am planning on going to straight talk as soon as my contract ends on July 8th! I will be detailing that experience and set up in the Philly Metro Area. Probably going to get the T-Mobile sim card

      -Matt

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