users trading in a device worth about $360 and using Bell's 'Device Return Option' to drop monthly financing below $1
Like Rogers, Bell also offers the iPhone 12 for $ 1 / month which combines the company's 'Network Recovery Option' with commercial credit. Unfortunately, this offer is only available in stores, but it seems to be declining in line with Rogers' $ 1 iPhone 12 trading contract. , 'which reduces the monthly cost of the device if customers agree to return the phone after 24 months, the monthly service fee of the device drops to less than $ 1. Bell does not specify which devices users can trade in the contract. Carrier may offer different credit values based on device, status, and other factors. Rogers' agreement defined trading for the iPhone XS or XR for $ 360 - the figures seem to work just as well as Bell's offer.
iPhone 12 trade-in[ 2021]
Bell currently offers a 64GB iPhone 12 for $ 0 down and $ 38.33 a month for 24 months ($ 919.92, which is less than Bell's direct price of $ 1,164 and cheaper than Apple's $ $ 1,129 for iPhone 12). If you use the Device Return Option, Bell reduces the fee by $ 540 (approximately $ 22.50 per month), which means you will pay $ 15.83 per month in fees. Also, to be caught here you will need to return the iPhone 12 after 24 months or pay Bell the 540 difference. This is where trading debt comes into play. Telephone customers can incur debt. A device with a value of $ 360 will reduce the cost of funds by an additional $ 15 per month ($ 360/24 = 15), leaving customers with less than $ 1 per month. Of course, financial costs will vary depending on the value of your trading - for example, trading that can cost $ 240 can leave you with $ 5.83 a month in funding.
While Bell and Rogers ’deals aren’t very good, I would say the statistics work to Bell’s liking in this regard because it offers the iPhone 12 at a lower price than Rogers currently does. It is also noteworthy that Telus charges the same price as Bell that makes the iPhone 12. Although Telus did not advertise a trading agreement like Bell or Rogers, you can probably trade and reduce monthly costs with Telus as well. If you want to know how much you can earn with your old phone in transactions, Bell allows you to get a rate online here, and Telus lets you get a rate online here (both carriers list the iPhone XS list as appropriate for up to $ 360 in trade credit). It is worth remembering that the online tool provides measurement and when you are in the store, you can get a different price for the device if it is in poor condition. You can check Bell's offer on the carrier's promotion page.