If there is a device balance, you, or whomever else, won't be able to unlock it until it is paid off I could be wrong. I would assume most informed people would not but a locked phone because of the risk of the original owner skipping out on paying off the device balance. However, if you do sell it, I don't think you will get much for it if it is locked.
It's not fraud to sell the phone. But if you stop paying your Virgin bill or cancel your account and don't pay off the device balance , Virgin WILL block the phone but only on the Bell network. And the phone should be unlocked already, since it was sold after Dec 1st. If it's not, you can get Virgin to unlock it for free.
Only 32 GB storage, and carrier budget phones can be had with that storage capacity today example Huawei P10 Lite. What phone did you have in mind to upgrade to? Whichever phone you were thinking of acquiring by purchasing outright, you could acquire it on a churn. Follow phone deals in Hot Deals. Saturday is around the corner, probably the best day to get phone deals before June. Bottom line: it's not illegal to sell a phone with a remaining device balance. The phone itself is great IMO using it, except I have international variant.
Anything you upgrade to today Is it worth losing money on that phone? Personal recommendation is to not sell the phone. When you sign up for a service term or monthly installment plan, your carrier extends you a line of unsecured credit. As a result, the carrier cannot repossess your phone, and you can sell your phone, even if you still owe money on it.
You will still have to pay your monthly installments after selling the phone, though. If you want to upgrade or downgrade your phone, you can compare prices to sell financed phones right here, check out some quotes here:. Yes, you can sell your Verizon phone, even if you still owe money on it. However, if you fail to make your monthly payments or pay the ATF, Verizon will blacklist your phone , and the person you sold it to will no longer be able to use it.
To see how much your Verizon smartphone is worth, search for your device , and select Verizon as your carrier. However, you will have to keep paying your bill or pay the ETF. You can sell your Sprint phone if you owe money, but you have to continue with your monthly payments or pay the phone off.
If you fail to pay for the phone, Sprint will blacklist the device, rendering it useless for the buyer. For an estimate of how much you can sell your financed phone for, find your device and pick Sprint as your carrier.
As is the case with other carriers, you can sell your T-Mobile phone if you still owe money. After selling your phone, you will have to pay off the phone or continue with the monthly payments to prevent the T-Mobile from blacklisting the device. Just search for your phone model and pick T-Mobile as the carrier to see how much you can sell your finance phone for. Selling your phone is, essentially, an easy and free way to cancel the contract with your carrier.
However, for this option to work, you have to pay off your phone immediately. After canceling your contract, you will be able to sign up for any other plan that you want. If you stop your payments before your contract expires, your carrier can blacklist your phone by assigning it a bad IMEI or ESN number.
The new owner will have a phone with a bad EIN and may not be able to activate it on their network. Depending on the carrier, then, the buyer may not be able to use the phone they bought from you, and they may only realize it when they try to switch the phone to their carrier.
Because blacklisting can limit the use of a phone, buyers are often unwilling to buy a phone with a bad ESN. New phone contract, I paid a nominal fee for the phone. If you sell it you are converting their goods. What are they going to do, ask for it back? But this neither makes it right or legal so not necessarily a good rule to work to. If you get a new phone then break it in the first few weeks and have to revert to your old phone, do you have to reimburse them, or just see out your contract?
I guess my concern would actually be more for the person whom I sold the phone to. In a past life I worked for one of the main mobile network providers, even some of my colleagues did this! You essentially pay for the cost of the phone through the line rental and you are tied into that for x amount of years so it will need paying anyway.
See it as a loan that you will pay off. Wife works for ee. They have an entire team of people, litereally s thoughout the country whos entire job it is to track down their new phones being sold through unofficial channels. Once they find you, and they will, then they are mandated to persue the culprit through the courts until justice is done. Ill send you my address if required so you can pop it in a jiffy bag.
Remember to include the charger…. It really is a clever market.
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