I know slickdealers aren't too fond of phone deals that require Verizon's 24-month device payment plans and other fine print, but this is about the best trade-in offer I've seen on Verizon, and I didn't see it posted yet, so I thought I'd share. Personally, I think it's worth it, especially for someone upgrading from an older or damaged 4G phone, the pros outweighing the cons. I've done my best to explain all the fine print, hopefully without errors.
Verizon Wireless is running a promo they're calling "The Biggest 5G Upgrade Ever," where they're discounting the price of the Apple iPhone 12 Mini or the Samsung Galaxy S21 to $0 (or offering $700 towards any other iPhone 12 model or $800 towards any other Samsung Galaxy S21 or Note20 model), with some major caveats/fine print:
- Applicable to new customers or upgrades. New lines get a free phone plus
an additional $300 on a prepaid Mastercard for porting in a number.
- Must trade in a phone. The list of eligible models is very long. Most phones that are less than 3-4 years old are eligible for the full promotional credit, even if they are damaged / cracked screen. This includes a large selection of Apple, Google, LG, Motorola, OnePlus, and Samsung phones.
- Must sign up for a 24-month device payment plan and cannot pay it off early. The trade-in credit, which is equal to the phone's price in the case of the iPhone 12 Mini or Samsung Galaxy S21, is doled out in 24 installments equal to the phone's 24 monthly payments.
- Must purchase one of Verizon's "premium" unlimited plans (Play More, Do More, or Get More, but not Start Unlimited). (For a current Start Unlimited customer, this means an increase of $10/month for the next 24 months, so the "free" phone costs $240, still a good price for a $700-$800 phone).
- As with all phone upgrades, tax is on the full retail price of the phone in most states, and upgrade/activation fees may apply.
https://www.verizon.com/shop/onli...ll-phones/
25 Comments
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I see value in this for existing customer. It's not for everyone, but it certainly has its place.
Thanks OP for taking the time to share and clarify.
The trade-in can be broken, but needs to be a fairly recent flagship:
iPhone 8
Galaxy S 8
Pixel 3
LG V50
Moto Z3
One Plus 7
or newer...
If you have any of these phones in good condition, you should definitely be buying an S8 off ebay with a cracked, but working, screen - rather than trading away more value to Verizon. This could be a decent deal on the phone, if you're OK paying for the premium unlimited plan for 2 years.
Am I reading this correctly? This seems like a great deal as someone who has verizon a long time and am only paying $30/line approximately for start unlimited on all lines. (even less with father in laws grandfathered discount and what not).
Is there something I'm not reading? I sure am tempted by this
Am I reading this correctly? This seems like a great deal as someone who has verizon a long time and am only paying $30/line approximately for start unlimited on all lines. (even less with father in laws grandfathered discount and what not).
Is there something I'm not reading? I sure am tempted by this
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You know that Macy's at the mall? Come to the back alley near the trash cans at midnight tonight. Call out for Paulie. Have your iPhone and wallet on you. Paulie checks IDs before handing out the unicorns.
In turn, I'm getting a hotspot,, hulu, disney, and espn+ for $10 month along with a new phone. I was going to spend the $10 for the hotspot anyway so cheers!
Would getting this deal lock me into keeping the Iphone 12 for two years or could I get the new model at regular price. I want to keep the same phone number and upgrade the line. The whole process confused me! Thanks in advance!