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New Member
Posts: 3
Registered: ‎01-09-2021
Accepted Solution

Price Difference

I'm confused by the different prices when buying a samsung s20 cellphone. The price says its $20.83/month for 24 months, but there's another price under that in a red box. It says Save $200 ($8.34/month). Theres no information on what the conditions are for that second, cheaper price. How do you get that price?
Emerging Expert
Posts: 7,792
Registered: ‎02-25-2013

Re: Price Difference

Could you post links to the differences. 

 

There are a lot of variables 

 

Differences between carriers, some price differences are becuase of incentives from the carrier. 

 

Also some prices reflect 24 months and some 30 months.

 

Then there ar differences in the phones themselves. 

 

But for a more clear answer seeing the link would help. I could not find those prices.

 

However, what I think you are seeing is the Sale Price in the Red Box. 

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New Member
Posts: 3
Registered: ‎01-09-2021

Re: Price Difference

Posts: 452
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Registered: ‎10-03-2017

Re: Price Difference

Hi there, KT90! 

 

Thanks for posting with us on here, and welcome to the Best Buy Support Forums. I'd be happy to help with your questions! 

 

As our friend bobberuchi has already mentioned, there are a lot of factors that can play into the different prices you may see listed for a phone on BestBuy.com. Upon checking on this specific phone, I do see that this is for a Sprint Samsung S20 FE. Upon further review, it looks like this sale is available on for Sprint Monthly Installments, as well as the one-time payment. It's important to note that either option does require activation, so you would need to already have or be able to create a new Sprint account during your purchase.

 

As for the specific numbers that you are seeing, the numbers in the little red box (Save $200 ($8.34/mo.)), is showing you the savings off of the phone, in both the full discount amount, as well as the savings on each monthly installment. To be clear, the numbers you are seeing in the little red box is the savings off of the phone, not the price that you would pay for the phone. 

 

Hope this helps! 

 

Sincerely,

Vince|Social Media Specialist | Best Buy® Corporate
Give Kudos if you like this post or Accept as Solution if it answers your query!
Emerging Expert
Posts: 7,792
Registered: ‎02-25-2013

Re: Price Difference

Something important to keep in mind. 

 

The full price of the phone is $499.99

 

Making monthly payments of $8.34 a month will give you a final cost of $200.16 for the phone. 

 

However, if you decide to pay it off early for any reason such as upgrading.  You will pay full price for the remaining balance.

 

Example. you make 10 payments at $8.34 and decide to pay it off.  You will pay the equavilent of $20.83 x 14 months to pay it off. 

I am not an employee of Best Buy and all opinions left on this forum are my own. Please leave Kudo’s if you like a post or click Accept as Solution if a post answers your query.
New Member
Posts: 3
Registered: ‎01-09-2021

Re: Price Difference

Thank you both for the clarification!
Posts: 452
Topics: 34
Kudos: 92
Solutions: 32
Registered: ‎10-03-2017

Re: Price Difference

KT90,

 

No problem at all! I did want to offer a bit of clarification, as it sounds like bobberuchi may have understood this offer as the phone costing $8.34 a month, which is not the case here. The current sale price of the phone is either $20.83/mo. (a savings of $8.34/mo.), or a one-time payment of $499.99 (a savings of $200). The regular/full price of this phone in this case is $699.99, but with the savings of $200, you are looking at a total cost of $499.99, either spread over 24 months with Sprint Monthly Installments, or as a one-time payment at the time of purchase. 

 

Hope this helps, and please feel free to let us know if you have any other questions! 

 

Sincerely,

Vince|Social Media Specialist | Best Buy® Corporate
Give Kudos if you like this post or Accept as Solution if it answers your query!