When I left my company, I had to get a new phone. When I talked to the rep, the phone cost was essentially free with a contract. The offer was that Verizon would pay for the phone over the course of three years. So it’s not financing so much as it was free with a contract. When I asked why this was, he said that it was due to how the market was. Everyone has a phone at this point so now cell service provides have to compete to keep people. So they are willing to pay for your phone so long as you are locked in with them.