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May 10, 2006, 12:17 PM PDT
Get out from under it, dot-com
Posted by: Rafe Needleman

During the last Web boom, several start-ups launched with the aim of helping people escape from whatever financial commitments they were locked into. There were exchanges for car leases (see SwapaLease, LeaseTrader), stock options, even stakes in venture capital investments. Today we hear (via eHub) of CellSwapper, a new exchange for cellular phones that are still under contract. It competes with CellTradeUSA, which Kent German covered a month ago.

The idea is simple: If you want out of a cellular contract (and who doesn't?) but don't want to pay the early termination fee, CellSwapper will help you find somebody who wants a short-term contract and will take over your plan for the duration.

Downside: It looks like the assignee of your contract gets your phone number, which could be awkward (you can ask the carrier for a new number). On the upside, this is a legal transfer of the contract and the carriers recognize it, so once you sell your cell, you're no longer responsible for the bill at all.

Fees are $14.95 to sell a plan on consignment (you're not charged unless you make the sale) or $9.95 if you pay up front. There is no fee to buy a contract.

This post has been corrected from the original

TalkBack
6 messages

TradeMyCellular.com

TradeMyCellular.com is a new service, that offers all the services offered by other websites, FREE of charge...
by farshidgodz (See profile) - September 7, 2007 12:36 PM PDT

Cellswapper

I just used Cellswapper and the process is not as easy as it sounds. What buyers don't realize is that in addition to assuming the terms of your contract, they have to sign an additional 11-month contract. When they realize this, they immediately back out of the transfer and you've already paid the non-refundable $18.95 "success" fee. Cellswapper was unable to find me any buyers and in the end I had to pay the ETF in addition to the Cellswapper "success" fee.

by Lee.Miu (See profile) - July 24, 2007 7:48 PM PDT

My Experience with celltradeusa.com

I just moved to Hoboken New Jersey. I read this article and Kent German's article many months ago regarding celltradeusa. After calling my provider recently "Verizon Wireless" to tell them that I have no service in my new town in New Jersey they told me that I was still in a contract because they had service in NJ just not in my town "lol". I decided to give celltradeusa a try. I joined for free and waited. I received a few responses pretty quickly so I paid the fee to unlock the messages. 2 of the 3 people that wanted it didn't pass credit check and the other didn't respond. Now that I paid for the service I decided to get pro active. I posted my ad on njville.com and craigslist.com directing them back to my celltrade listing. I ended up passing it off to a fella I met on NJville Took a little bit but it was absolutely worth the effort. I now have my new phone that works in my new town :)
by durowear (See profile) - September 12, 2006 7:22 PM PDT

leasetrader.com BAIT AND SWITCH

July 21, 2006

I would say leasetrader.com is a rip off and do not use them. Here is my personal experience.

I went to www.leasetrader.com and located 3 cars in my geographical area that I thought would be good candidates. The website gives you the VIN #, the mileage, the length of time owned and everything about the car, short of who to contact regarding the lease take over.

The only way you can get the owner’s contact information is to pay a membership fee. I paid the membership fee of 39.95, and then called the 3 owners. All three cars had been sold or transferred, one car had been transferred as long ago as May. The information on the website is severely outdated.

I called leasetrader.com to ask for a refund, at 800, 770-0207. They gave me the run around stating that it’s not their fault their website has obsolete information. NO REFUNDS.

I disagree. If Ebay has an item listed, it MUST be available for a buyer, if the seller decides to pull the item, or has sold it outside, Ebay updates their website to reflect this in real time.

I feel that leasetrader.com is unethical and has poor business practices. Forty dollars is not a large sum of money, but it is wrong for them to have falsely advertised items to lure potential customers (potential leasers) into paying a usage fee, when they do not have the product advertised.

Regards,

Tiffany
by tiffaroonie (See profile) - July 21, 2006 12:55 PM PDT
5 out of 5 users found this comment helpful | 2 comments

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