Do you always want to have the latest smartphone in your pocket, but find it difficult to achieve? If so, and you don’t mind making a few compromises, then the new Vodafone Red Hot plan could be worth investigating.
Here’s how it works. You sign-up for a 12 month contract, which comes with unlimited calls, unlimited texts and 2GB of data per month. The phone you choose will be insured too. Vodafone currently offers the Samsung Galaxy S3, the Galaxy Note 2 and the Apple iPhone 5 in its Red Hot deal, and the basic 16GB versions are yours for free.
Line rental is high though. For example, a 16GB Galaxy S3 will be £47 per month, while a 16GB iPhone 5 will be £59. The clever part comes after 12 months, as you return your phone to Vodafone get the latest and greatest smartphone back, which could mean the Galaxy S4, Galaxy Note 3 or the iPhone 6.
Of course, you’ll need to sign another 12-month contract, but it’ll be the same deal — in 12 months time, you’ll get to upgrade to the newest model. Essentially, you’re leasing the phone from Vodafone, and signing up for airtime separately. You just don’t get to keep or sell the phone.
Those are the compromises you’ll have to make — a high monthly payment and no ownership of the phone. In return, you get a new, top of the line smartphone each year. Is it worth it? That depends on your desperation to get the latest hardware, and the depth of your pockets.
We still say it’s worth looking at the new Nexus 4, a true bargain, then selling it and upgrading when the time comes.