Originally Posted by unfbilly11
Just curious, I also have a 920 and I see this type of comment posted all the time. Maybe it's different outside of America but I have a 2 year contract with my 920 and I'm not eligible for an upgrade for another 16 months or so. If I don't have an upgrade available, I pay full price...which is like, $700. Is it different for you or are you just wondering whether to pay $700 for the full price? It seems like everyone on the internet gets a new phone every year and I don't know how the heck they do it!
Well outside of the US it is much easier to simply buy the phone outright and get a sim card separately so that you don't have to be locked to one carrier. For example, I purchased my Nokia Lumia 800 about two years ago off of Ebay unlocked and use a sim card that costs me £10/month and gives me unlimited minutes, texts and data while running on one of the two most popular cellular networks here in the UK (so good coverage). I calculated that I stand to save about £180-£200 over a 24 month period by buying the Lumia 800 straight up and getting a sim card separately. With new phones now costing nearly £600 you can save up to £300 over a 24 month period compared to a 24 month contract offer. However, most people aren't rational when it comes to buying things like a phone, car or whatever you get on a contract/loan because they only see the small monthly payments which are enticing but more expensive in the long run. It is often best to save for an extra 2-3 months and buy things straight up or as close to straight up as possible.
I'm sure phones can be bought outright in the US but it is more difficult since the carriers want you to lock the phone down to them and only them.