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Sell my phone - Fone Wizard

SIM Only Vs. Contract

Friday, 16th October, 2015 - 16:37

We’ve looked into the true cost of owner ship for four of the most popular current models including the iPhone 6 and Samsung Galaxy S6. To show you how beneficial it can be moving to a SIM only deal and purchasing unlocked second hand phones.

At present, there are two main methods of buying a Mobile Phone. The first being through a contract, where you’re locked in for a set amount of time paying off your handset and the service you use. The second option is to purchase a phone outright and then choose a SIM-only contract or use Pay As You Go.

We have compared current contract costs against purchasing an unlocked second hand phone through 4Gadgets and using a SIM-only deal. We have looked at the iPhone 6, iPhone 6 Plus, Samsung Galaxy S6, and Samsung Galaxy s6 Edge. These smart phones have been used as they are currently four of the best and most popular handsets currently available.

So how cost effective is it to buy a second hand phone?

We have found the cheapest current tariffs available for each handset, aiming for at least 2GB of data.  

Unlocked Second Hand Phones

We have compared these tariffs against our current prices on these models and the cheapest SIM only deal which is currently with GiffGaff. The tariff is a monthly contract providing 2GB Data, 500 minutes, and unlimited texts for £12.00. 

Unlocked Second Hand Phones 2

The green column in the table above shows the money you can save over a two year period when purchasing from 4Gadgets! It’s quite astonishing how much you really can save when purchasing an a second hand phone.

There are also several other advantages when purchasing an unlocked refurbished or second hand phone. You can install any SIM at any time, which is very useful when travelling in order to save money. SIM only contracts are also a lot shorter usually only lasting one year. This gives you more flexibility and ties you into a network for less time.

If you are coming towards the end of your contract it really is worth looking into a SIM only plan and purchasing an unlocked second hand phone or unlocked refurbished phone. We now have the iPhone 6s and Samsung Galaxy S6 Edge plus in stock. Our stock is always being updated with new releases at a fraction of the cost, making buying a newer phone more affordable.