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macosxuser01

macrumors 6502a
Jan 10, 2006
602
141
Sacramento, CA
Still chatting with them on Twitter, they are saying you can't apply trade-in to EIP balance so that your net cost is $0.

If in worst cast you are able to apply trade-in to EIP balance, it will reduce net EIP balance. Since your monthly payment on EIP plan is always fixed $27.09 this will reduce number of months in which you will repay the loan.

Example.

iPhone 7-32gb EIP TOTAL = $649.99
Monthly = $27.09
Trade-in value for iPhone 6 = $165

If trade-in apply to EIP balance net balance left = $485
Now new number of months since EIP payment is fixed = $27.09

New number of months= $485/27.09 = 17.90 months

Tmobile credit which they apply to monthly EIP = $20.21 (because they already give you tradein of $165)
Rest you have to pay every month= $6.88

So you will pay $6.88 x 17.90 months = $123.15 more to TMO.

This is BS, clear case of cheating. Tell me if I'm wrong..

This is what sales rep told me when I order over the phone. Basically $165 is a credit that will go towards your T-Mobile bill. You can used that credit to pay for the service or for your monthly installments.
Once T-Mobile has received your old phone they will credit you $485 towards installments to the iPhone 7.
So $165 + $485 = $650
 

macosxuser01

macrumors 6502a
Jan 10, 2006
602
141
Sacramento, CA
I want my 7 plus jet black now!
Pretty sure Christmas will be here faster than my iPhone. :(
z9c83.jpg
 

Cyberguycpt

macrumors 6502a
Sep 28, 2014
863
872
So does anyone with a Plus model have shipping saying the 15 or 16 or are we all the 19th and up? I don't mind waiting but come on so this means know one will get a preordered Plus model on launch. Where's the inventory. Every year the Plus runs out and the regular one has a surplus. Don't you think they would make more Plus models. I was on the line with a rep 4 minutes after the lines opened. But ofcourse JOD was tripping so I ended up going with Jump 2.0 and got it in at 2:00 A.M Pacific time. OK I'm done ranting for today. Lol.
 

california_kid

macrumors 6502a
Sep 9, 2016
541
1,040
San Francisco
Still chatting with them on Twitter, they are saying you can't apply trade-in to EIP balance so that your net cost is $0.

If in worst cast you are able to apply trade-in to EIP balance, it will reduce net EIP balance. Since your monthly payment on EIP plan is always fixed $27.09 this will reduce number of months in which you will repay the loan.

Example.

iPhone 7-32gb EIP TOTAL = $649.99
Monthly = $27.09
Trade-in value for iPhone 6 = $165

If trade-in apply to EIP balance net balance left = $485
Now new number of months since EIP payment is fixed = $27.09

New number of months= $485/27.09 = 17.90 months

Tmobile credit which they apply to monthly EIP = $20.21 (because they already give you tradein of $165)
Rest you have to pay every month= $6.88

So you will pay $6.88 x 17.90 months = $123.15 more to TMO.

This is BS, clear case of cheating. Tell me if I'm wrong..

The math is correct. However, I believe you can apply the lump EIP to any phone you have on your account that still has an EIP. If you only have the one phone, then you can get a statement credit instead of EIP payment which gives you the full benefit. I personally would rather take the $165 all up front since it only amounts to less than $7 per month. If this is like a previous experience I had, they will issue you a statement credit regardless and if you want to apply the credit to an EIP, you have to call them so they can create an additional EIP charge on your next bill that will offset the credit.
 

Ipolo

macrumors newbie
Sep 10, 2016
11
12
So just out of curiosity what comes after being processed on the order status??
 

Detailmylifeaway

macrumors regular
Sep 10, 2016
141
64
Memphis
iPhone 7 plus 128gb black ordered a couple mins after it opened. Ship dates of 9/19-9/26. The rep said I'd have it on the 16th. I was her first order. My 7+ black & blue silicone cases will be here tom. Guess I'll just order more cases & screen protectors in the mean time. Gotta get a spigen & find a nice carbon fiber case too. I like to switch it up
 
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iPhone 7 plus 128gb black ordered a couple mins after it opened. Ship dates of 9/19-9/26. The rep said I'd have it on the 16th. I was her first order. My 7+ black & blue silicone cases will be here tom. Guess I'll just order more cases & screen protectors in the mean time. Gotta get a spigen & find a nice carbon fiber case too. I like to switch it up

Already got my screen protector waiting on otterbox case now, should be here before the phone :)
 

abhi

macrumors member
Jul 23, 2009
36
2
The math is correct. However, I believe you can apply the lump EIP to any phone you have on your account that still has an EIP. If you only have the one phone, then you can get a statement credit instead of EIP payment which gives you the full benefit. I personally would rather take the $165 all up front since it only amounts to less than $7 per month. If this is like a previous experience I had, they will issue you a statement credit regardless and if you want to apply the credit to an EIP, you have to call them so they can create an additional EIP charge on your next bill that will offset the credit.

So how does work if you want to apply to EIP?

they gave me this tool to run which breakdown payments. Tool doesn't work for me. Can you check.
https://tools.t-mobile.com/trade-in/
 

12vElectronics

macrumors 68040
Jul 19, 2013
3,947
1,246
California
YESSSS! I have a UPS tracking number!


You know what's weird though? I only found that information by going through the EIP email and checking my status. No confirmation email. No texts.

It's funny.
 
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CBillups1

macrumors 6502a
Sep 1, 2008
685
37
Michigan
Still chatting with them on Twitter, they are saying you can't apply trade-in to EIP balance so that your net cost is $0.

If in worst cast you are able to apply trade-in to EIP balance, it will reduce net EIP balance. Since your monthly payment on EIP plan is always fixed $27.09 this will reduce number of months in which you will repay the loan.

Example.

iPhone 7-32gb EIP TOTAL = $649.99
Monthly = $27.09
Trade-in value for iPhone 6 = $165

If trade-in apply to EIP balance net balance left = $485
Now new number of months since EIP payment is fixed = $27.09

New number of months= $485/27.09 = 17.90 months

Tmobile credit which they apply to monthly EIP = $20.21 (because they already give you tradein of $165)
Rest you have to pay every month= $6.88

So you will pay $6.88 x 17.90 months = $123.15 more to TMO.

This is BS, clear case of cheating. Tell me if I'm wrong..


I'm confused

You're telling me the phone is not free? We have to pay?
 

california_kid

macrumors 6502a
Sep 9, 2016
541
1,040
San Francisco
So how does work if you want to apply to EIP?

they gave me this tool to run which breakdown payments. Tool doesn't work for me. Can you check.
https://tools.t-mobile.com/trade-in/

The Tool only tells you how much you are going to get. It varies by iPhone model. Once you know the amount, that is what you will get on your next bill as a statement credit, assuming Tmobile gives your trade in a clean bill of health after receiving. Once you have the credit, you call them and tell them "I want $xxx dollars added to my next bill to pay down my EIP". You will then see that amount added to your regular charges so your credit will cover that fee, but you still pay your normal monthly bill.
 

20160267ak

macrumors newbie
Sep 12, 2016
28
16
Norwich, CT
I have the same ship dates. I hope we both get ours earlier. I'm hoping for a launch date phone. But I'm kinda doubting it, too.
Yah same I preorder mine at 3:20 am on friday but as they were trying to process the trade the system go stuck. Then after staying on hold for 2hrs the call failed. I was like F*** this and order again 7am. I got the same shipping date for my iphone 7 plus 32gb black 9/27 - 10/11
 

Steve.P.JobsFan

macrumors 65816
Jan 27, 2010
1,010
613
Columbus
9/19-9/26 people:

Have you seen any of your phone shipped? One of my orders was cancelled without my knowledge and I have to re-place it. T-Mobile.com says shipping range of 9/19 to 9/26.
 
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