Cable Forum - View Single Post

Argy1 · 13-03-2010, 11:45

Help/advice wanted

I signed up for a 18 month contract with VM Mobile in May last year,
am on a XXL so entitled to VM deal, bought the phone (nokia 5800) for £84 on a 18 month contract at £12 a month

It's been 10 months and paid 10 payments, but wish to upgrade to the HTC HD2 on £30 a month because I seem to have outgrown my Nokia 5800

Have done some research online and it seem that me to move to new contract I have to pay a EFT. Am not trying to wriggle out of my original contract, I agreed to the contract so should see it through!

from my research, am trying to work out my EFT fee before I phone up to try and upgrade

I have 8 payments left at 12 per month = £96
from my research I can take off the VAT - this will give me my early termination fee (ETF).= £79.20

If paying ETF in one lump sum, from my research again should be able to get a
further 25% discount due to Ofcom guidelines, bringing the actual amount down further to £59.40

Am going to phone up VM mobile to ask but like to be prepared first, can anyone who has knowledge/experience of this please advise if I'm on the right track or barking up the wrong tree, and also if VM mobile will even let me upgrade to new contract

13-03-2010, 11:45	#1
Argy1 Inactive Join Date: Jun 2006 Posts: 34	Contract upgrade advice wanted Help/advice wanted I signed up for a 18 month contract with VM Mobile in May last year, am on a XXL so entitled to VM deal, bought the phone (nokia 5800) for £84 on a 18 month contract at £12 a month It's been 10 months and paid 10 payments, but wish to upgrade to the HTC HD2 on £30 a month because I seem to have outgrown my Nokia 5800 Have done some research online and it seem that me to move to new contract I have to pay a EFT. Am not trying to wriggle out of my original contract, I agreed to the contract so should see it through! from my research, am trying to work out my EFT fee before I phone up to try and upgrade I have 8 payments left at 12 per month = £96 from my research I can take off the VAT - this will give me my early termination fee (ETF).= £79.20 If paying ETF in one lump sum, from my research again should be able to get a further 25% discount due to Ofcom guidelines, bringing the actual amount down further to £59.40 Am going to phone up VM mobile to ask but like to be prepared first, can anyone who has knowledge/experience of this please advise if I'm on the right track or barking up the wrong tree, and also if VM mobile will even let me upgrade to new contract