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"Trade-in credits will be applied over 24 months, starting within 1–2 cycles and ending when balance is paid or line is terminated or transferred."
Leaving the last three digits off the trade-in IME may work if the system isn't taking it.
"A few additional notes on this promotion, some pitfalls to avoid, including trade-ins:."
- If the system offers you a trade-in value you know is incorrect, don't be tempted to jump on it. For example if your are on Start Unlimited (which should get lower trade-in credit) but other lines on the account are on Do/Play/More, do not use the Start line for the upgrade if it shows $800. If you do, and apply for $800, you may not receive any trade-in credit, as the two promotions are different, and Verizon will deny the promotion as the line isn't eligible. Instead, do the trade-in on the line that is eligible, and after you receive and activate your new device on that line, you can just swap SIMs between the lines so your Start line has the new device and the other line goes back to using whatever device it was.
When the new device arrives, please activate it on the line you used for the upgrade. THIS IS IMPORTANT TO QUALIFY FOR THE PROMOTION, so don't just use your old SIM (or the SIM from another line) -- activate the device with the new SIM. You can swap SIMs right after that, but don't skip this step as it confirms for Verizon that the device was indeed activated on the line that took the upgrade.
It doesn't matter if the device being traded in is currently in-use on a different line (e.g., if I had an iPhone X on a Start line, but I wanted to use the upgrade on a Do More line, that's okay -- they will process the order on the Do More line and enter the IMEI from the iPhone X on the Start line. That should not mess up the $800 trade in value, since the line being upgraded is the Do More line.
Taking that a step further, the phone being traded in doesn't need currently need to be in-use on the account. For example, we're a family of 5 and I keep extra phones around in case needed. My trade-in hadn't ever been used on Verizon, as it was an unlocked iPhone XS we used on T-Mobile before switching to Verizon a year ago.
Putting this all together, you can do the following. Upgrade an eligible line on the account, trade in a different qualifying device (regardless if it's on the account), and then once you activate the new device, you can swap SIMs back. For example, I want a new iPhone 13, but my iPhone 12 is still on a payment plan with last year's promo. I am doing the upgrade on one of my kids' lines, trading in a phone from my pile of spares, and we will SIM swap after the new phone is activated.
Make sure the device being traded in is the same IMEI entered during the order process. The IMEI is how Verizon tracks trade-in devices, and there is really nothing else besides a UPS label in the trade-in kit. So if you put a different device in the trade-in box than Verizon's systems are expecting, you're asking for BIG TROUBLE.
If placing an order in-store, tell the store you want to do the trade-in there. If your phone is backordered, they will not likely be able to take the trade-in until you receive the new phone. Tell the store you want to come back and do the trade-in at the store (and have them note that if possible). I'll explain why in more detail in the next bullet.
My experience, and a host of other people's experiences with Verizon trade-ins last year was an unmitigated disaster. They sometimes don't sent the trade-in materials, and many people (myself included) didn't receive any trade-in credit for a device. Also, some people experienced significantly reduced trade-in credits based on the device having a cracked screen or other damage, which may no longer be an issue since Verizon is taking in damaged devices for full credit now, but I can't be sure. This is why I suggest placing your order in-store and telling the store you want to do the trade-in there. Have them note the account when the trade-in is done with the device's condition if possible (if they don't already do that or give you a trade-in receipt showing that info). If shipping your device, take pictures of the device from multiple angles, including a picture with the screen on, showing the IMEI of the device (and preferably from an angle that shows the screen is not cracked with the full IMEI still readable).
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Accessories
Trade-In Device Recovery Box $0.00
Qty: 1
Also, you should get another email confirming your trade-in and the details as below:
Trade-in details
Submission ID: xxxxxxxxxxxxxxx
Order Number: xxxxxxxx
Submission Date: 09-18-2021
Make/Model: Apple/Apple iPhone Xs 64GB in Space Gray
IMEI: xxxxxxxxxxxxx
Estimated Trade-in Value: $33.33/mo for 24 months
Good Luck!
I know this from experience. In previous trade in deals, I've done the trade in transaction completely separate from the iPhone order and was worried about the trade in value showing the market value and not the promo credit value — but everything went through fine, and I got the full credit. I've even bought under the Sam's Club deals a couple years ago which had instant discounts and then went to a Verizon store and handed in my trade in. The promo credit was still correctly applied.
go here
https://www.verizon.com/smartphon...ne-13-pro/
middle of page it says Ways to save
add new line / upgrade existing line
click see details
I know this from experience. In previous trade in deals, I've done the trade in transaction completely separate from the iPhone order and was worried about the trade in value showing the market value and not the promo credit value — but everything went through fine, and I got the full credit. I've even bought under the Sam's Club deals a couple years ago which had instant discounts and then went to a Verizon store and handed in my trade in. The promo credit was still correctly applied.
that's what has me worried
I placed an order with a chat rep and he mentioned I could trade the device after I receive the new one.
I just don't want to risk such a big amount of credits since I am doing this for a family member.
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the payoff dollar amount will be for the remainder of the phones full price
remember the way this works is that you agree to pay the 'full' price of the device and then Verizon gives you a credit each month.. so anytime you log in to check your payoff quote it will be for the full value of device minus what you have paid so far.
ex.
agree to pay phone price $1000
trade in credit $800
term 24 months
price of phone is $1000 / 24 months = $41.66 per month
$800 / 24 months = credit of $33.33 per month
total is $8.33 per month
at anytime you want to payoff in advance you will give up any remaining months credits
ex.
price of phone $1000
made 6 months of payments at $41.66 per month (total of $250 paid)
18 months of payments remaining = $41.66 x 18 months = $749.88 payoff quote.
remember when you used to get phones for subsidized prices for signing 2 year phone contracts? well that got eliminated and this method has replaced it.
these phone credit promos are the new workaround to carriers "contracts"
the payoff dollar amount will be for the remainder of the phones full price
remember the way this works is that you agree to pay the 'full' price of the device and then Verizon gives you a credit each month.. so anytime you log in to check your payoff quote it will be for the full value of device minus what you have paid so far.
ex.
agree to pay phone price $1000
trade in credit $800
term 24 months
price of phone is $1000 / 24 months = $41.66 per month
$800 / 24 months = credit of $33.33 per month
total is $8.33 per month
at anytime you want to payoff in advance you will give up any remaining months credits
ex.
price of phone $1000
made 6 months of payments at $41.66 per month (total of $250 paid)
18 months of payments remaining = $41.66 x 18 months = $749.88 payoff quote.
remember when you used to get phones for subsidized prices for signing 2 year phone contracts? well that got eliminated and this method has replaced it.
these phone credit promos are the new workaround to carriers "contracts"
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