Google Nexus One Gets $550 In Early Equipment/Termination Fees

If you buy the Google Nexus One with a T-Mobile contract and then decide you don’t want it before 121 days of use have arrived, you’ll be paying a lot more in ETF’s than just the typical $200 charged by T-Mobile Wireless.

That’s because Google has announced that they’ll be charging their own $350 charge to recoup the subsidized charge they passed the unit along to customers for. The fee, known as an “Equipment Recovery Fee” would make the device more expensive for those users than if they had just chosen to buy the phone outright for $550 unlocked.

It’s a move that was popularized by Verizon Wireless, so it’s not like we’re being thrown a curveball that we didn’t see coming, now it’s just time to decide if you want to tempt fate with a cheap $179.99 phone or just go all out and pay $550. We personally, like to test fate…