Want out of your 2-year contract early? Already tried the conventional methods of smooth-talking or catching them changing your contract? The next step may be to simply give it away.
At least that’s what the author of this Wall Street Journal article How to Dump a Cellphone Contract did. Apparently most carriers allow you to transfer your contract to another person, as long as they pass a credit check. To find a potential taker, the options range from sites that charge $20 like CellTradeUSA and CellSwapper, to the free sites Craigslist and FreeCycle. Thanks to KG for the tip.
It’s not quite as easy as it sounds… you will likely have to offer to either swap contracts or include your phone as an incentive. You’ll also lose your phone number. The author threw in her phone, a bunch of accessories, and $50 cash, which I guess is understandable as her contract had over a year left on it.
The winner? FreeCycle. In one day! I don’t know if they just got lucky, but it would seem prudent to use the free sites first. The pay sites entice you by dangling a bunch of communications from potential swappers, but you can’t get their info without paying.
This is what I’m wondering – if you already fulfilled your contract, wouldn’t that potentially be worth some money? Another user could simply hop on and go month-to-month. They wouldn’t get a discounted phone, but it’d be cheaper than most prepaid plans. Maybe I should have tried selling mine before jumping ship to Sprint SERO…
By Jonathan Ping | Frugal Living | 9/8/07, 5:41am