General Discussion
In reply to the discussion: Howard Stern Show being canceled [View all]aggiesal
(10,534 posts)I bought my SXM radios (yes multiple), back in the early 2000's.
Back then you could by a radio for about $50 each with a $14.99/mo or $19.99/mo fee.
But they also had a special that if you paid $500 per radio, we'd get free monthly charge.
Doing the math at $14.99/mo is a little more than 33 months, to cover $500.
I put one in my car.
The other benefit is that you can transfer this account to a different radio twice. (This has changed to unlimited transfers)
This came in handy when I sold my car and purchased a new car.
I transferred the account from the old car radio into the new car radio.
I actually purchased 2 radios @ $500. The other was a handheld unit that used in the house.
But with SXM now supplying streaming, I rarely use the handheld, and when my daughter purchases a newer car,
I will transfer that handheld account to her car radio account.
Calculating the number of months which buying around 2003, let's just say that I've had each for about 22 years.
Calculating $14.99/mo plus $5/mo for the second unit (It has increased over the years, but they don't affect me).
264 months x $19.99 = $5,277.36
-$1,000 I paid, I'm guessing I've saved at least $4,277+