GOOGLE IMPOSES $350 EQUIPMENT RECOVERY FEE ON NEXUS ONE

It appears that purchasing an unlocked Nexus One is the better option. Google has decided to impose an additional $350 "equipment recovery fee" on top of T-Mobile's early termination fee ($200 in first 18 months) on the subsidized Nexus One. Google will charge a total fine of $550 to those who choose to break their contract in the first 120 days (after the 14-day trial period). Here's is the company's statement on this additional fee:

Please note that the Equipment Recovery Fee is imposed by Google and not your chosen carrier and is in addition to any early termination fees that may be charged by your chosen carrier in connection with termination of your wireless plan prior to fulfillment of your chosen carrier’s service agreement term.

Google explained that the equipment recovery fee is "standard practice for third-party resellers of T-Mobile and other operators." Purchasing an unlocked handset may be more ideal since the maximum $550 fine is more than the full retail price of the Nexus One.

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[Via: Phonescoop]