Cell Phones

Can someone explain upfront edge (Rogers) to me?

  • Last Updated:
  • Jun 20th, 2020 2:24 pm
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[OP]
Member
Dec 26, 2015
393 posts
157 upvotes
Manitoba

Can someone explain upfront edge (Rogers) to me?

Just looking at smartphone prices and the S20+ is up for $20/month for 24 months with a new contract. Now based on my math thats only $480 over the life of the contract. Nowhere on Rogers website does it indicate what the final buyout on the phone would be. Is it going to be $1500 as Rogers claims the phone value to be $2000 ?

Clarification would be helpful if anyone understands the process
3 replies
Jr. Member
Feb 29, 2020
101 posts
15 upvotes
“ Get the latest phone at the lowest upfront price with the Upfront EdgeTM program on financing and return your phone in 2 years Learn more

Source: www.rogers.com

Veeshmack wrote: Just looking at smartphone prices and the S20+ is up for $20/month for 24 months with a new contract. Now based on my math thats only $480 over the life of the contract. Nowhere on Rogers website does it indicate what the final buyout on the phone would be. Is it going to be $1500 as Rogers claims the phone value to be $2000 ?

Clarification would be helpful if anyone understands the process
Newbie
Aug 25, 2010
71 posts
28 upvotes
Buyout price seems to be $500 if you don't return at end of $24Mo.
Retail price: $2000
Value of device financed: $62.50/mo x 24 = $1500
$2000-$1500= $500 Residual Value
Your monthly payments for the financed value will be $62.50-$43.34 bill credit = ~$20/mo
Newbie
Jun 19, 2020
1 posts
NomNomNom wrote: Buyout price seems to be $500 if you don't return at end of $24Mo.
Retail price: $2000
Value of device financed: $62.50/mo x 24 = $1500
$2000-$1500= $500 Residual Value
Your monthly payments for the financed value will be $62.50-$43.34 bill credit = ~$20/mo
Hi there, lurker here...

I took this "deal" and the 2,000 quoted does not even include taxes, on the Rogers website, it says "Taxes extra"
the breakdown I got was 2000 + additional 240 taxes, my monthly finance amt was 72.50 before bill credits.

The bill credits are applied towards the plan portion of the bill and not the financed/phone portion of the bill. It's probably structured in such a way to deter ppl from changing their mind within the 2 years.

Still not sure if the 72.50 would be taxed again, I've chatted with the rep online they say it's inclusive of taxes.

Also
The guy that came to set up my phone was trying to "give" me a free tablet, but it sounds like they're gonna add an extra $10 / data sim to my account, I told him to
add it to my account and show me the breakdown before confirmation, he said it's not possible, so my gut says to stay away from it

Was a bit disappointed,yea...

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