Back to Mobile View

Can you afford Nexus One's $550 early termination fees?

Posted 9:00AM 01/20/10 Technology
12 Comments Print Text Size A A A
Previously we talked about Verizon's pricey $350 early termination fee, but Google's Nexus One may have it beat.

That's because both T-Mobile and Google can charge for early cancellation. T-Mobile's ETF is $200 for canceling any time in the first 18 months of its two-year contract. Google can also charge its own $350 "equipment recover fee" for those buyers who cancel their contracts in the first 120 days. Although the phone and T-Mobile have a 14-day risk-free trial, if canceled within three months, users would be expected to pay out $550. The Nexus One without a contract, or an unlocked phone, retails for $529.

A Google spokeswoman said the equipment recover fee is standard practice for third-party resellers.

T-Mobile ETFs drop to $100 after 18 months and down to $50 with less than three months left on a two-year contract.

So, if you want a Nexus One, make sure you intend to keep it for a while or it's obviously not going to be worth the money.

Add a Comment

*0 / 3000 Character Maximum
Newswire

Compare Mortgage Rates

Mortgage Rates by Zillow
Follow Us

Headlines From DailyFinance Partners

CNN Money
CNBC
Smart Money
Consumer Reports
Huffington Post
AOL Energy
AOL Jobs
Business News Personal Finance Investing Our Partners

DailyFinance Sitemap | Terms of Service | Privacy Policy | Trademarks | HELP | Advertise With Us

© Copyright 2012 AOL Inc. All Rights Reserved