Who Wants to make some MONEY??

[Bettracker]

I just tried to see how many 16gb Sprint iphone 5's I can buy for the cheapest & then see how much I can make after I cancel them. It came out to that I can buy 104 iphone 5's for $20,798.96 & Sprint will waive the activation fee of $36 per phone which saves $3,744 on the spot. Then You will have a $350 early termination fee per phone after 14 days. So that is $36,400. So now all you paid for 104 phones was $20,798.96 + $36,400 = $57,198.96. Which equals to $549.99 per iphone. Now if you sell the iphone for just $700 each. You make a profit of $150.01 per phone which is $15,601.04 for 104 Sprint 16gb iphone 5. Keep in mind that, that amount of profit is only if you sell them at $700 each. But let's say say you sell them at $800 each. That's a profit of $250.01 each & a total profit of $26,001.04.

Anyone want to do this with me? (I already have people to sell them too)

[PlatinumGuy]

I just tried to see how many 16gb Sprint iphone 5's I can buy for the cheapest & then see how much I can make after I cancel them. It came out to that I can buy 104 iphone 5's for $20,798.96 & Sprint will waive the activation fee of $36 per phone which saves $3,744 on the spot. Then You will have a $350 early termination fee per phone after 14 days. So that is $36,400. So now all you paid for 104 phones was $20,798.96 + $36,400 = $57,198.96. Which equals to $549.99 per iphone. Now if you sell the iphone for just $700 each. You make a profit of $150.01 per phone which is $15,601.04 for 104 Sprint 16gb iphone 5. Keep in mind that, that amount of profit is only if you sell them at $700 each. But let's say say you sell them at $800 each. That's a profit of $250.01 each & a total profit of $26,001.04.

Anyone want to do this with me? (I already have people to sell them too)

Then what are you waiting for?

[Name Changed]

Where are you selling the iPhones? On eBay fees will be close to $100 (w/ shipping)

[Bettracker]

An investor. I don't have the $57,198.96 needed to make this work.

[AI-TRAVEL]

Friend of mine got a better deal on the iPhone 5 in best buy in chicago for buying 5 phones (I think it was $99 a phone) but not sure about the cancellation policy, don't see why it should be different. Check that out.

[Name Changed]

An investor. I don't have the $57,198.96 needed to make this work.

It should be a quick flip. You should be able to put it on CC's

[Bettracker]

Friend of mine got a better deal on the iPhone 5 in best buy in chicago for buying 5 phones (I think it was $99 a phone) but not sure about the cancellation policy, don't see why it should be different. Check that out.

Thanks, I'll look into that.

[Bettracker]

It should be a quick flip. You should be able to put it on CC's

B"h I have good credit but I don't have near that credit limit to put it on my credit cards.

[ahecht37]

Thanks, I'll look into that.

pm me ur phone number

[DrDanny]

B"h I have good credt but I don't have near that credit limit to put it on my credit cards.

Charge Card?

[SuperFlyer]

Beware:

If you drop money into your CC before spending, you can spend as much as you want.

More importantly: As soon as the iphone is rolling, prices will drop on eBay (and I mean drop), so you risk getting screwed big time.

Remember, lots of ebay sellers, are ready to earn a couple of $ per transaction, others got a free iphone as a present, and want to sell, etc, so those people would beat your price any time.

Don't want to sound pessimistic, but in my eBay powerseller days I've pulled of such shticks, but I only sold totally refundable phones (refundable for me), and I realized how badly I could have messed this up.

What's more: say iphones on eBay go between $900 and $700, and are divided on hundred people interested to buy, if you were to post 200 phones, the price would drop to $800 and $600 if not less (assuming auction).

[ahecht37]

Beware:

If you drop money into your CC before spending, you can spend as much as you want.

More importantly: As soon as the iphone is rolling, prices will drop on eBay (and I mean drop), so you risk getting screwed big time.

Remember, lots of ebay sellers, are ready to earn a couple of $ per transaction, others got a free iphone as a present, and want to sell, etc, so those people would beat your price any time.

Don't want to sound pessimistic, but in my eBay powerseller days I've pulled of such shticks, but I only sold totally refundable phones (refundable for me), and I realized how badly I could have messed this up.

What's more: say iphones on eBay go between $900 and $700, and are divided on hundred people interested to buy, if you were to post 200 phones, the price would drop to $800 and $600 if not less (assuming auction).

he is saying that that he has buyers

[Yeki89]

Im not sure u want to screw around with sprint like that, opening a plan with 100 phones and canceling, they wud b"l you.

[ahecht37]

Im not sure u want to screw around with sprint like that, opening a plan with 100 phones and canceling, they wud b"l you.

what is bl?

[Saver2000]

what is bl?

Blacklist.

Yeki is probably right, they will probably blacklist you for life.

[SuperFlyer]

He has people to sell them too, but no fixed selling price...?

Doesn't sound like a very guaranteed sale.

[ahecht37]

Blacklist.

Yeki is probably right, they will probably blacklist you for life.

after making $25k in a week, and it's worth sticking to other carriers

[SuperFlyer]

Not too worried about blacklisting, if you make enough.

You could always open on someone elses name.

Just make sure to port out your number before pulling such things.

[Saver2000]

after making $25k in a week, and it's worth sticking to other carriers

I'm not arguing with you, just explaining. . .

[Yeki89]

i wasnt saying not to do it either, just mentioning the problem of gettining blacklisted.