Don't Fall For It: "Free Phones" Cost $360, and "$199 Phones" Cost $1040
In other industries, this sort of advertising would be laughed at. That’s what’s happening with cell phone contracts. The Hard Data Let’s take a look at now much these free phones actually cost. You’d pay $80 per month. Over two years, that’s a difference of $360 that you’d save on a contract. But there’s no option for a contract – you have to buy the phone for full-price up-front. But $650 phones are cheaper than you may think....