In my view, these timelines are a bit optimistic for smart phones. You should also include the statistical impact of the lost, damaged, or destroyed phones and altogether, a phone you buy today will have practically zero value after four years.
In my view, these timelines are a bit optimistic for smart phones. You should also include the statistical impact of the lost, damaged, or destroyed phones and altogether, a phone you buy today will have practically zero value after four years.
Your car will loose 50% of MSRP in the first 36 months. So does that mean you will not buy a new car ?
-- "Ceterum autem censeo, Carthaginem esse delendam"
“When governments fear the people, there is liberty. When the people fear the government, there is tyranny.”
In my view, these timelines are a bit optimistic for smart phones. You should also include the statistical impact of the lost, damaged, or destroyed phones and altogether, a phone you buy today will have practically zero value after four years.
Your car will loose 50% of MSRP in the first 36 months. So does that mean you will not buy a new car ?
Correct. Never had a new car in my life. I let someone else take the depreciation. I buy used (but in great condition); between 1-2 years old. Hate to see my hard earned $$$ goes down the drain the first few years on brand new cars.
When I buy a car, phone, computer, etc. I do so to use it, not to earn dividends. The value once I've purchased them is immaterial to me. A sunk cost. All that matters is the value and finding the best price at the time of purchase.
Most modern electronic companies design their products have a life expectancy just few months after the warranty expires. So, you will have to keep buying a new one to support their continuous R&D expenditure.
Get a new phone and locked into a 2 year contract. So while your friends are getting a new one later you are now stuck a an old style phone. Then it turns around later when you can get a new phone and the cycle starts all over.
Get a new phone and locked into a 2 year contract. So while your friends are getting a new one later you are now stuck a an old style phone. Then it turns around later when you can get a new phone and the cycle starts all over.
Had my last cell phone over 4 years and then a truck ran over it (No, I was not holding it at the time). Got a new "smart" pone. Wish I had my old one back!
I buy things that will suit the purpose for which get them. So with a cellphone, I've decided that being able to search the web, check my email, have a back-up GPS, etc., is something I'm willing to pay for.
I hope it lasts for at least two years so I can get a good deal on the next one through my service provider.
To me, cellphones, unlike cars, are a "use them and give them away commodity."
-- Shooter
N32 39 W97 25
VIA 1535TM, Lexus built-in, TomTom Go
To me, cellphones, unlike cars, are a "use them and give them away commodity."
For me, it's more like "use it, drop it in Walmart parking lot, crack screen, find screen on Amazon, watch how to videos on youtube, get up early tomorrow morning and see if I'm up to the task" Wish me luck.
To me, cellphones, unlike cars, are a "use them and give them away commodity."
For me, it's more like "use it, drop it in Walmart parking lot, crack screen, find screen on Amazon, watch how to videos on youtube, get up early tomorrow morning and see if I'm up to the task" Wish me luck.
I wish you all the best. Don't cut your fingers, you will need them later
-- "Ceterum autem censeo, Carthaginem esse delendam"
“When governments fear the people, there is liberty. When the people fear the government, there is tyranny.”
This is why I just cant justify buying the Samsung Galaxy II I've been wishing for the last 6-12 mos. I've never paid for a phone (always get a middle line model free with contract). The $200 price point (even with contract) is just out of my limits right now...
Well, I know this is POI Factory and not a cell phone forum, but I have bought used phones and went with a T-Mobile plan that is less expensive because it doesn't offer the so-called "free" phone(s). I still have to sort of chuckle when I talk to people that brag about their "free" phone. Wait they like to forget is that "free" phone generally comes with a 1 or 2 year contract AND might also require a data plan. I am still using my T-Mobile Garminfone that I bought used over a year ago. In fact, Garmin takes pretty good care of me. I e-mailed them this winter because I was considering buying another battery of the Garminfone. They told me that they are normally $50, but they would send me one under warranty without any charge to me for the battery or shipping! I realize that neither the Garmin Nuvifone G60 or Garminfone got very good reviews, but I really like both of them. The Garmin Nuvifone is essentially just a vehicle GPS for us now and that is fine. The Garminfone is my everyday phone and even though I don't use the GPS every day, since I have the Garmin Nuvifone G60 for that, I think the Garminfone is great. My wife and both of my sons also have T-Mobile lines and two of those three phones were bought used. I did actually by my wife's phone new for Christmas, but you can save quite a bit of money by not being under contract with your cell phone company. I think the thing is, most people might not realize that you can use your own phone with carriers. Needless to say, they don't point that out when you walk into Verizon, A Fee & Fee, Sprint, or T-Mobile!
As a side note, but even further off topic, I have been pretty frugal about buying new vehicles every couple of years. Hey, if you can afford doing it and enjoy doing it, more power to you. I am still running my 1995 Chevrolet Silverado pickup. It isn't the prettiest pickup truck on the road, but it is paid for.
I think if some people didn't carry a balance on their credit card(s) and pay high interest charges, didn't spend $5 all the time at Starbucks/Dun Bros/Caribou for coffee, buy bottled water, smoke cigarettes, and have to have a new "free" phone with 4G data, they could save quite a bit of money! (Look out, I am getting off my soapbox now.)
To me, cellphones, unlike cars, are a "use them and give them away commodity."
For me, it's more like "use it, drop it in Walmart parking lot, crack screen, find screen on Amazon, watch how to videos on youtube, get up early tomorrow morning and see if I'm up to the task" Wish me luck.
I wish you all the best. Don't cut your fingers, you will need them later
Pleased to report early morning activities completed successfully, phone fixed and all fingers undamaged.
I could have really used one of these new internet smart phones when I was working. Unfortunately, they did not exist. It would have made my life so much easier.
Now that I am retired, I really have no or little use for any cell phone. I currently have the cheap one that you get for free with your plan. Of course my wife and kids think I am nuts and simply out of touch with reality. Go figure.
Get a new phone and locked into a 2 year contract. So while your friends are getting a new one later you are now stuck a an old style phone. Then it turns around later when you can get a new phone and the cycle starts all over.
Had my last cell phone over 4 years and then a truck ran over it (No, I was not holding it at the time). Got a new "smart" pone. Wish I had my old one back!
Just found out my contract ran out. Looked at the other phones my provider has and I do not care for them. So I'll keep the Blackberry 9700 a little while longer.
On topic board none of our current phones work good as GPS, screens are to small compared to what we are used to. My work phone is alright but still prefer the Garmin.
Your car will lose 50% of MSRP in the first 36 months. So does that mean you will not buy a new car ?
I only purchase two year old vehicles returned from a lease. The previous owner has usually taken very good care of the car/truck, mileage is very low and someone else has taken that massive depreciation hit.
On topic board none of our current phones work good as GPS, screens are to small compared to what we are used to. My work phone is alright but still prefer the Garmin.
I've seen this argument a lot and I must disagree. Here's why. When I have my Garmin Nuvi 760 in it's cradle and plugged in and I'm navigating it only works in the landscape mode which gives me 2.25 inches of useful road ahead view which is what we're looking for. When using my iPhone in it's cradle and plugged in for navigating I can use it in the portrait mode which gives me 3 inches of useful road ahead view and I'm looking at a retina display which is superior than what my Nuvi has.
I use a blue tooth Tune Link Dongle in the car and I get all my music (6,888 in iTunes) and routing voice commands over my stereo in the car.
Not surprising at all
But, that means I can pick up a used device cheaply if I choose.
The early adopters are suckers for the 'Ooo!' factor.
nüvi 3790T | Those who make peaceful revolution impossible, will make violent revolution inevitable ~ JFK
I refuse to by every shiny
I refuse to by every shiny new phone that comes out every six months. As long as I can make phone calls and text I'm good to go.
Interesting
Some interesting stats there. I'd guess all electronics have similar resale value curves too.
Drivesmart 66, Nuvi 2595LMT (Died), Nuvi 1490T (Died), Nuvi 260 (Died), GPSMAP 195
Optimistic
In my view, these timelines are a bit optimistic for smart phones. You should also include the statistical impact of the lost, damaged, or destroyed phones and altogether, a phone you buy today will have practically zero value after four years.
And your car?
In my view, these timelines are a bit optimistic for smart phones. You should also include the statistical impact of the lost, damaged, or destroyed phones and altogether, a phone you buy today will have practically zero value after four years.
Your car will loose 50% of MSRP in the first 36 months. So does that mean you will not buy a new car ?
"Ceterum autem censeo, Carthaginem esse delendam" “When governments fear the people, there is liberty. When the people fear the government, there is tyranny.”
.
In my view, these timelines are a bit optimistic for smart phones. You should also include the statistical impact of the lost, damaged, or destroyed phones and altogether, a phone you buy today will have practically zero value after four years.
Your car will loose 50% of MSRP in the first 36 months. So does that mean you will not buy a new car ?
Correct. Never had a new car in my life. I let someone else take the depreciation. I buy used (but in great condition); between 1-2 years old. Hate to see my hard earned $$$ goes down the drain the first few years on brand new cars.
They are goods, not investments.
When I buy a car, phone, computer, etc. I do so to use it, not to earn dividends. The value once I've purchased them is immaterial to me. A sunk cost. All that matters is the value and finding the best price at the time of purchase.
><> Glenn <>< Garmin nüvi 2598
And, they die fast too.
Most modern electronic companies design their products have a life expectancy just few months after the warranty expires. So, you will have to keep buying a new one to support their continuous R&D expenditure.
...
I refuse to by every shiny new phone that comes out every six months. As long as I can make phone calls and text I'm good to go.
Yup, same here. Even if I were rich...
Michael (Nuvi 2639LMT)
Phones especially
Get a new phone and locked into a 2 year contract. So while your friends are getting a new one later you are now stuck a an old style phone. Then it turns around later when you can get a new phone and the cycle starts all over.
Hmm?
I went on a vacation once and spent thousands. After it was over I had nothing to show for it except it was good for my psyche.
Wait! That's why I like buying the "latest whatever". It's good for my psyche.
If you don't know where you are going, you might wind up someplace else. - Yogi Berra
Phone
Get a new phone and locked into a 2 year contract. So while your friends are getting a new one later you are now stuck a an old style phone. Then it turns around later when you can get a new phone and the cycle starts all over.
Had my last cell phone over 4 years and then a truck ran over it (No, I was not holding it at the time). Got a new "smart" pone. Wish I had my old one back!
It's been said
Anything on today's store shelves is obsolete technology
anything?
Anything on today's store shelves is obsolete technology
#2 yellow pencil will dispute that.
Garmin 38 - Magellan Gold - Garmin Yellow eTrex - Nuvi 260 - Nuvi 2460LMT - Google Nexus 7 - Toyota Entune NAV
but not
Anything on today's store shelves is obsolete technology
#2 yellow pencil will dispute that.
a green one?
Illiterate? Write for free help.
Personally...
I buy things that will suit the purpose for which get them. So with a cellphone, I've decided that being able to search the web, check my email, have a back-up GPS, etc., is something I'm willing to pay for.
I hope it lasts for at least two years so I can get a good deal on the next one through my service provider.
To me, cellphones, unlike cars, are a "use them and give them away commodity."
Shooter N32 39 W97 25 VIA 1535TM, Lexus built-in, TomTom Go
Wish me luck
To me, cellphones, unlike cars, are a "use them and give them away commodity."
For me, it's more like "use it, drop it in Walmart parking lot, crack screen, find screen on Amazon, watch how to videos on youtube, get up early tomorrow morning and see if I'm up to the task" Wish me luck.
Dave - Garmin Nuvi 1390LMT.
I feel your pain
To me, cellphones, unlike cars, are a "use them and give them away commodity."
For me, it's more like "use it, drop it in Walmart parking lot, crack screen, find screen on Amazon, watch how to videos on youtube, get up early tomorrow morning and see if I'm up to the task" Wish me luck.
I wish you all the best. Don't cut your fingers, you will need them later
"Ceterum autem censeo, Carthaginem esse delendam" “When governments fear the people, there is liberty. When the people fear the government, there is tyranny.”
This is why I just cant
This is why I just cant justify buying the Samsung Galaxy II I've been wishing for the last 6-12 mos. I've never paid for a phone (always get a middle line model free with contract). The $200 price point (even with contract) is just out of my limits right now...
Your Phone Loses Value Pretty Fast
Well, I know this is POI Factory and not a cell phone forum, but I have bought used phones and went with a T-Mobile plan that is less expensive because it doesn't offer the so-called "free" phone(s). I still have to sort of chuckle when I talk to people that brag about their "free" phone. Wait they like to forget is that "free" phone generally comes with a 1 or 2 year contract AND might also require a data plan. I am still using my T-Mobile Garminfone that I bought used over a year ago. In fact, Garmin takes pretty good care of me. I e-mailed them this winter because I was considering buying another battery of the Garminfone. They told me that they are normally $50, but they would send me one under warranty without any charge to me for the battery or shipping! I realize that neither the Garmin Nuvifone G60 or Garminfone got very good reviews, but I really like both of them. The Garmin Nuvifone is essentially just a vehicle GPS for us now and that is fine. The Garminfone is my everyday phone and even though I don't use the GPS every day, since I have the Garmin Nuvifone G60 for that, I think the Garminfone is great. My wife and both of my sons also have T-Mobile lines and two of those three phones were bought used. I did actually by my wife's phone new for Christmas, but you can save quite a bit of money by not being under contract with your cell phone company. I think the thing is, most people might not realize that you can use your own phone with carriers. Needless to say, they don't point that out when you walk into Verizon, A Fee & Fee, Sprint, or T-Mobile!
As a side note, but even further off topic, I have been pretty frugal about buying new vehicles every couple of years. Hey, if you can afford doing it and enjoy doing it, more power to you. I am still running my 1995 Chevrolet Silverado pickup. It isn't the prettiest pickup truck on the road, but it is paid for.
I think if some people didn't carry a balance on their credit card(s) and pay high interest charges, didn't spend $5 all the time at Starbucks/Dun Bros/Caribou for coffee, buy bottled water, smoke cigarettes, and have to have a new "free" phone with 4G data, they could save quite a bit of money! (Look out, I am getting off my soapbox now.)
Phew, I amaze myself sometimes
To me, cellphones, unlike cars, are a "use them and give them away commodity."
For me, it's more like "use it, drop it in Walmart parking lot, crack screen, find screen on Amazon, watch how to videos on youtube, get up early tomorrow morning and see if I'm up to the task" Wish me luck.
I wish you all the best. Don't cut your fingers, you will need them later
Pleased to report early morning activities completed successfully, phone fixed and all fingers undamaged.
Dave - Garmin Nuvi 1390LMT.
phones
I could have really used one of these new internet smart phones when I was working. Unfortunately, they did not exist. It would have made my life so much easier.
Now that I am retired, I really have no or little use for any cell phone. I currently have the cheap one that you get for free with your plan. Of course my wife and kids think I am nuts and simply out of touch with reality. Go figure.
Dudlee
Forgot to add the word ELECTRONIC
Anything on today's store shelves is obsolete technology
DUH
naturally
Moore's law in effect. Phones get more complex (like any other electronic device), and get outdated rather quickly, with attendant drop in value.
Motorola TAC Ultra Light
In the 1990's I paid $700 for this phone. Basically worthless now. Maybe someday it will be a collector's item. (Big Laugh)
Ron
Fully understandable
Get a new phone and locked into a 2 year contract. So while your friends are getting a new one later you are now stuck a an old style phone. Then it turns around later when you can get a new phone and the cycle starts all over.
Had my last cell phone over 4 years and then a truck ran over it (No, I was not holding it at the time). Got a new "smart" pone. Wish I had my old one back!
Just found out my contract ran out. Looked at the other phones my provider has and I do not care for them. So I'll keep the Blackberry 9700 a little while longer.
On topic board none of our current phones work good as GPS, screens are to small compared to what we are used to. My work phone is alright but still prefer the Garmin.
Exactly
Your car will lose 50% of MSRP in the first 36 months. So does that mean you will not buy a new car ?
I only purchase two year old vehicles returned from a lease. The previous owner has usually taken very good care of the car/truck, mileage is very low and someone else has taken that massive depreciation hit.
Nuvi 760 & 660, Streetpilot, GPS III, GPS 10X
Buying only 2 year old lease cars
Very interesting idea.
Alan-Garmin c340
MHO
On topic board none of our current phones work good as GPS, screens are to small compared to what we are used to. My work phone is alright but still prefer the Garmin.
I've seen this argument a lot and I must disagree. Here's why. When I have my Garmin Nuvi 760 in it's cradle and plugged in and I'm navigating it only works in the landscape mode which gives me 2.25 inches of useful road ahead view which is what we're looking for. When using my iPhone in it's cradle and plugged in for navigating I can use it in the portrait mode which gives me 3 inches of useful road ahead view and I'm looking at a retina display which is superior than what my Nuvi has.
I use a blue tooth Tune Link Dongle in the car and I get all my music (6,888 in iTunes) and routing voice commands over my stereo in the car.
I use a Mountek CD Slot Mount to hold the iPhone and it works to my expectations.
If you don't know where you are going, you might wind up someplace else. - Yogi Berra