I would like to get a 32GB iphone 3GS but would prefer not to get locked into an 18 or 24-month contract with o2.
So the route I was looking at is getting a 'Pay As You Go' iphone 3GS on o2 and taking up the current quidco offer of £100 cashback on the £19.98 12-month 800/1600 simplicity sim deal inc. unlimited web bolt-on.
So £19.98 x 12 = £239.76 - £100 Quidco cashback = £139.76
+ iphone 32gb handset price: £538.30
Total: £678.06 - (it equates to £56.51 p/m over 12-months)
If I were to get a iphone 3GS on a 18-month contract with o2, on a 1200/500 deal, costing £44.05 p/m method for 9-months then dropping to £34.26 p/m. The equivalent cost would be:
(£44.05 x 9-months) £396.45 + (£34.26 x 3-months) £102.78 = £499.23
+ iphone 32gb handset price: £175.19
Total: £674.42 (calculated over 12-month equivalent or £879.98 over 18-months) - (equates to £56.20 p/m over 12-months)
So the positives of this deal are:
- Not tied-in to an 18-month contract.
- Possibly saving £201.92 by not being tied-in to a contract for those extra 6 months.
- You get more texts, a whopping 900 more p/m!
- Move on to the newer iphone sooner (should one be released next summer).
- The phone is mine to keep in the unlikely event that I should break the contract.
... and the negatives:
- No free wifi at The Cloud & BT hotspots unless you choose it as a bolt-on.
- No visual voicemail.
- Need to pay £538.30 upfront for the iphone.
- Dependent on Quidco tracking for the £100 cashback.
- You get less minutes (400 less) for the first 9-months then you would on the 18-month contract but more then you would on the last 9-months (200 more).
In summary, you can get an iphone 3GS on a 12-month contract (for only £3.74 extra on the same time on a 18-month contract), and not tied in for another 6 months which means you could save over £200 and can move on to another carrier or sell the phone and get maybe £300+ back and upgrade to the next iphone. Yes I understand that the deal is dependent on Quidco paying out the £100 cashback but i've never had a problem with them before.
Also if you are credit worthy, you could apply for an interest free credit card and pay off the handset slowly.
Have I got all of this information correct or am I missing something in the small print?