Guess what? SingTel is making the iPhone 3GS affordable for everyone with an early upgrade fee of S$600 + handset pricing as seen in the following chart. They know I have an iPhone 3G 30-month contract that is barely into its 10th month, and because I am such a valued (read: data-hungry high-ARPU mobile subscriber with Apple Fanboy sticker on my forehead) SingTel customer, I will have the chance to lay my geeky hands on Apple’s latest iteration of its iPhone, the 32GB 3GS at a swell price of S$338. This assumes a S$400 trade-in value for my existing iPhone 3G.
S$600 upgrade fee + S$138 handset price for 32GB version – S$400 trade-in of my existing iPhone 3G 16GB = S$338
Given that I have paid S$400 during the iPhone 3G launch back in Aug 2008 (S$200 cash + S$200 trade-in of my old mobile phone), making us pay an additional S$338 only 10 months on seemed like a major rip-off.
A quick visit to HardwareZone’s buy-and-sell forums threw up a resale price range of between S$700 – 800 for the iPhone 3G 16GB. Seems to me a much better way to dispose of my current baby for almost no net loss, in exchange for a shiny new toy.
Shame on you, SingTel *clucks tongue*. You should’ve saved me the hassle of doing it myself.
Update: I posted it on HardwareZone and sold it within 15 minutes. Not too shabby…