HTC wants to help you buy an off-contract One, announces financing program

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The way smartphone users buy their handsets is still pretty messed up in a whole lot of cases – would you ever buy a car from a gas station which then forced you to buy only its gas for the next two years? Makes about as much sense as subsidized phone hardware. But this year we’ve seen lots of progress towards the introduction of a more sensible system, thanks to carriers like T-Mobile. Heck, even AT&T has started showing some signs of improvement, like with that $15 monthly discount for off-subsidy phones we learned about earlier today. Now we’ve got some more progress to share with you, as HTC announces its no-money-down financing plan for the off-contract unlocked HTC One.

Basically, this works a lot like financing a handset through T-Mobile: if your credit checks out, HTC will give you a $600 32GB One for nothing down, and then you’ll make no-interest monthly payments of $25 for the next two years.

It’s not that financing a purchase is anything new, but seeing a smartphone OEM offer such a service itself, providing hardware and a loan directly to the end user, is still pretty interesting. After all, we would love to see carriers have nothing to do at all with selling phone hardware, and this could be a big first step in the right direction.

This offer is only available in the US, and this is for the GSM One only – so, if you’re interested in T-Mobile or AT&T, you’re in luck; sorry, Sprint or Verizon fans.

Source: HTC

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About The Author
Stephen Schenck
Stephen has been writing about electronics since 2008, which only serves to frustrate him that he waited so long to combine his love of gadgets and his degree in writing. In his spare time, he collects console and arcade game hardware, is a motorcycle enthusiast, and enjoys trapping blue crabs. Stephen's first mobile device was a 624 MHz Dell Axim X30, which he's convinced is still a viable platform. Stephen longs for a market where phones are sold independently of service, and bandwidth is cheap and plentiful; he's not holding his breath. In the meantime, he devours smartphone news and tries to sort out the juicy bitsRead more about Stephen Schenck!