I was looking at the new Samsung S20 line and noticed that the "full device" price listed on Fido is much higher than what Samsung themselves sell the phone at. Ex. Samsung Note Ultra S20 on fido shows ar $2,250 where as samsung shows it at $1,820, thats a $430. Is there a specific reason for this?
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The explanation provided in the thread shared by @KAPABLE-K still holds.
For the example you've provided, we're offering currently a $39.75 monthly bill credit ($954 over 24 months). So the total price you'd be paying by financing the phone with us is $1296 instead of $2250.
hope this clarifies.
Thanks for the note however this is no longer true. Some retailers offer financing options at 0% interest as well. For this specific case for example the $2,250 is equivalent to buying the phone at $1,820 from Samsung and applying 23.6% interest ($430). That's not the 0% interest that the other post claims.