How does paying monthly for a phone work?
I seen that I can pay £65 a month (24 months contract or something like that) for the iPhone X but that seems too good to be true! Is there something I'm missing? Is it 24 months of paying £65 until I've to give it back?! Or once it's paid in its entirety will I properly own it?!
That's only for the phone. You need to pay for the service too.
Upfront you will have to pay any activation charges and taxes on the hardware.
£65 a month is a rip off. In fact, why should a mobile phone cost twice as much as a really good quality laptop - you're just paying for the name/status symbol. There certainly isn't some sort of super advanced tech in any mobile that exceeds that in a PC. If anything mobiles should be about £100. I bet they don't even cost anywhere near £100 to make.
Over the 24 month period that is £1560 for the phone. If you read the contract details I'll bet you have to pay for the service in addition to the phone itself, another £40-80 per month. Once you pay off the phone in 24 months you own it. You would still have to continue to pay for the service monthly unless you want a £1560 wi-fi only device.
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