There are numerous reasons behind their insistence, I will start with the fact that long-term contracts bring more cash in GPS providers’ pockets. Also, they tend to book the net present value of the entire contract.
On the other hand, long-term contracts with the best GPS providers can hide true hardware pricing, which reduces the capital outlay of the customer.
But, believe it or not, long-term contracts with the best GPS providers does not mean much for you. That is mainly because the hidden hardware margin did not lead the best GPS providers to produce a better product.
Entirely it is up to you to decide whether you are going to choose to make a long-term contract with a GPS provider or not. Still, long-term contracts are not necessary although the best GPS providers are looking forward to it.
