Hello Randaya,
Firstly, you're discussing two rather different payment models. As mentioned in a different thread, many of the providers used to use a subsidised model. On the other hand, Fido recently switched to a fiananced model. You can read further on the different model types here.
Your original question to start this thread was regarding the financed model. However, your calculations above seem to relate to the older subsidised model. With the new Payment Program, there are no BYOP or medium plans. While there has been some debate in these forums regarding the term device subsidy, it has generally been more costly to subsidise a device than to purchase it outright (see here).
Subsidy model (as per your numbers):
Upfront cost: $960 (I assume that's how you came up with the $40 per month)
Plan $60 (amount towards phone $25)
Total cost of phone: $960 + ($25 x 24 mts) = $1560
Financed model (numbers currently found on Fido.ca for Ontario; note: you can only finance that device with a Data,Talk & Text plan):
Upfront cost: $240
Financing: $33.33
Total cost of phone: $240 + ($33.33 x 24 mts) = $1039.92
Yes, it would have been more cost effective to purchase the device outright compared to subsidising. However, that point would now be moot since Fido has moved to a financed model.
Hope this helps 😀
Cheers
those calculations are based on website upgrade option on a 15yr account...here are screenshots
 
 
  
Hey @randaya,
Your Medium tab plan, would indicate that you are currently on an ongoing 2 year term. Is that the case?
If your contract is already over and you're looking to upgrade, you will need to switch from your Medium tab plan to switch to an eligible in-market plan.
To clarify, most of our Bring Your Own Phone (BYOP) plans are eligible for the Fido Payment Program (FPP) device offers. However, certain plans will require you to switch to a Fido Payment Program plan in order to upgrade your phone. In other words:
- We don't provide the Fido Payment Program with the old tab plans.
- Some upgrades will not be available on a BYOP plan, and will require an FPP plan instead.
- Most FPP plans are the same price as a BYOP plan.
Alternatively, if you are still in an ongoing 2 year term, Medium tab plans will be available for your line in case you wish to change plans..That said, the options will be for the same plan category only, a Medium tab plan to avoid a downgrade/opting out of your contract.
Hope this helps, and let us know if you have any questions.
We always want our customers to have the best pricing possible @randaya and we do our best to keep things as competitive as we can!
We pack our plans with tons of features that you can check out here. We'll also be happy to review your options, just reach out or if you prefer a PM here on the Community let us know.
All our reps have access to the same promotions @randaya and we want the most people possible to take advantage of offers.
That said, we also want our self-serve tools such as Fido.ca to be available for our customers and to also provide all the best offers. This is why many times the offers you see on your online account are the same ones our reps have access to.
Our offers and promos do change often though, it's a good idea to check back from time to time.
We certainly thank you for your loyalty and your suggestions!
As we previously stated, our offers and promos do change often though, it's a good idea to check back from time to time. 
