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How does one purchase a phone in a Verizon Wireless store? Is it by swiping or sliding a debit or credit card, or the phone gets added to a line and the money gets taken from the account that is paying for the phone services?
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You can purchase it in multiple ways. You can pay with a credit/debit card. You can pay with cash. You can pay by billing to your account if your account is eligible for that amount. You can pay with the Device Payment Plan if you qualify.
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If you are on post-pay and you go into a store I would suggest buying using the DPP. You will pay the tax on the phone and monthly payments will be billed to your account.
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You can purchase it in multiple ways. You can pay with a credit/debit card. You can pay with cash. You can pay by billing to your account if your account is eligible for that amount. You can pay with the Device Payment Plan if you qualify.
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If a phone has a no contract price of $100 and a monthly payment price of $4, and the customer chooses monthly payment price of $4, then how much would the customer have to pay when purchasing the phone?
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The monthly payment price is simply the no contract price divided by 24.
If the no contract price is $100, then the monthly price would be $4.17 and the total price paid would be $100 after 24 monthly payments.
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forrest_canton wrote:
If a phone has a no contract price of $100 and a monthly payment price of $4, and the customer chooses monthly payment price of $4, then how much would the customer have to pay when purchasing the phone?
The customer would have to pay the tax on the phone at the time of signing the DPP agreement.
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Is it true that if a phone is purchased with no contract, then the phone won't have any monthly payment fee?
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How much is the tax on a phone, is it the no contract price x 0.0825%, if not then what is it?
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The sales tax is based on the full retail price (no contract price) multiplied by the Sales Tax for the location of the store or your zip code if ordering online.
I'm most definitely NOT a VZW employee. If a post answered your question, please mark it as the answer.
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Tax is $8.25 on a $100 phone...in your example anyway.