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Verizon iPhone 7, Pixel XL & More (w/ 24-Mo Payment Plan + Trade-In) EXPIRED

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Verizon Wireless has select Verizon Smartphones for as low as $10/mo. after 24-monthly bill credits on eligible upgrades or any new lines of service. Shipping is free. Thanks sunrl

Note, Verizon Wireless service required to take advantage of these offers. Verizon's no-contract plans start at $55/mo. (details); and are not included in prices listed below.

Instructions:Bonus Offer:

Alternatively, Verizon Wireless also offers these smartphones for Free w/ Eligible Device Trade-In after 24 monthly bill credits.

Details:
  • Trade-in an eligible phone towards your new device purchase (on 24-month payment plan)
  • You will qualify for up to $792 trade-in credit toward your new device payments, applied in the form of a monthly bill credit over 24 months
  • With your monthly bill credits, qualify to receive:
  • Example:
    • 32GB Apple iPhone 7 Smartphone w/ Trade-In
      • $27.08/mo - $27.08 bill credit = $0/mo + monthly service plan charges
      • Free after all 24 monthly bill credits of $27.08 each are issued
Important Notes:
  • Bill credits may take up to 2 to 3 billing cycles to begin.
  • Line used to purchase device must remain active for the complete bill credit period to receive full credit.
  • Bill credits end when device balance is paid in full.
  • You may pay off your device or cancel service at any time. However, any unused bill credits at time of buyout will be forfeited and cannot be applied towards any remaining prorated balance owed on your device, if any.
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Editor's Notes & Price Research

Written by RevOne

  • Open to New & Existing Customers. Upgrades and added lines are both eligible.
  • Call 1-800-419-0694 to get the offer by phone.
  • Click here to learn more about 24-Month Verizon Device Payment Plan agreements
  • Eligible trade-in device must be in good, working & cosmetic condition.
  • Refer to forum thread for additional details and discussion ~RevOne

Original Post

Written by sunrl Edited December 16, 2016 at 07:08 AM by sunrl
Link: https://www.verizonwireless.com/s...-iphone-7/

- Verizon iPhone 7 32 GB $10 per month credit in 24 months (No Trade-in), Free with certain trade-ins
- Verizon iPhone 7 128 GB $15 per month credit in 24 months (No Trade-in), $5 with certain trade-ins

I know people don't like the 24 months but this seems to be worth it to someone who wants to stay on Verizon.
Also for someone like me this could be beneficial, here is my scenario

I have iPhone 6s/64GB currently on Verizon with 24 months DPP of which I paid 12 months, (I got $250 gift card last year when I got the phone) and it adds 31.24 every bill.
Paid 375 and about 375 left to pay

Having paid off 50% I become annual upgrade eligible, if I upgrade existing phone and turn it in I will be paying $360 in two years, so I am paying about same in two year instead of one on what I have left to pay. If I upgrade in a year I will be forfeiting 195 in credit. I will be paying 180 from my pocket instead of 375 on current 6s currently and still become annual upgrade eligible, overall at-least for a year I am saving 195 and getting new phone.

Not sure overall but looks like it's worth it to get twice the storage and reduction in bill for next year. IF best buy had better gift card option I would have taken that but right now if someone has annual upgrade and wants iPhone 7 this looks like good deal.

If you are willing to keep the service you get iphone 7 for $240

Bonus : If you are on their existing large or higher plan you get 2GB extra for life

Trade in Eligible phones
iPhone 7
iPhone 7 Plus
iPhone 6s
iPhone 6 Plus
Galaxy S7
Galaxy S7 edge
Galaxy S6
Galaxy S6 edge
Galaxy S6 edge+
Galaxy Note5
Droid Turbo 2
LG G5
LG V10

Other free phones with similar deal:
Galaxy S7 edge : https://www.verizonwireless.com/s...y-s7-edge/
Google Pixel: https://www.verizonwireless.com/s...sku2170529
Google Pixel XL ($15): https://www.verizonwireless.com/s...gle-pixel/
Galaxy S7: https://www.verizonwireless.com/s...galaxy-s7/
Moto Z Droid : https://www.verizonwireless.com/s...o-z-droid/

Edit: Best Buy has decided to match the offer, Past few of the deals from BB didn't involve monthly credits but looks like too many cancellations from the recent deals before 14 days periods might have force them to go this route.

- Currently they are offering $250 Gift card with trade in of iPhone 6 or newer. Online prices haven't changed yet but here is the promo on their website

- iPhone offer from Best Buy
http://www.bestbuy.com/site/clp/i...1754387143

Best buy have matched pixel offer too and added $100 gift card so it seems to be better offer then what Verizon is offering

- Pixel Offer from Best Buy
http://www.bestbuy.com/site/clp/g...1752110167

http://www.bestbuy.com/site/clp/g...8799362423
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Community Wiki

Last Edited by su_A_ve December 21, 2016 at 02:15 PM
*** DEAL ENDS TONIGHT *** There were rumors that the deal was shortened however, they are true and it's already showing on the web site. Select the $10/month offer and a small banner saying "Ends today. $10/m, no trade-in req'd"

This post can be edited by most users to provide up-to-date information about developments of this thread based on user responses, and user findings. Feel free to add, change or remove information shown here as it becomes available. This includes new coupons, rebates, ideas, thread summary, and similar items.

Once a Thread Wiki is added to a thread, "Create Wiki" button will disappear. If you would like to learn more about Thread Wiki feature, click here.

Decided to add the WIKI as many users are confused regarding how this deal works out.


Full terms @ http://www.verizon.com/about/news...s-next-gen

To those asking: buying out the phone early will cancel remaining credits. Terms of credits are "until balance is zero," and a line must be active to maintain a balance. So cancelling the line early will cancel remaining credits as well.

- This deals works out best for those who are going to stay with Verizon, going to list out few scenarios.

- If you are planning on flipping the phone there is no deal here, you are essentially paying full price.

Here is break down without involving trade-in to better understand it

- iPhone 7 32gb Cost = $649
You will be paying = 27.08 per month for 24 months = 649.92
Verizon will credit your bill 17.08 for 24 months = 409.92
At the end of 24 months you pay = 240
You will also pay sales tax on $649 upfront and a $20 line upgrade fee if ordered online, $20 or $40 if purchased at a VZW store

- If you keep it for 12 months and decide to buy it
You pay - $120 for year counting the bill credit + sales tax
Remaining buy off amount = 27.08 x 12 = 324.96
End of the year total cost to own the phone = 120 + 324.96 = 444.96 + sales tax

- FAQ

- Can I upgrade to iPhone 8 next year?

This would be eligible for Verizon annual iPhone upgrade policy as long as you have paid 50% towards the device. This 50% is calculated including the Verizon credits you get, as you are still making the full $27 dollar per month on phone, Verizon is crediting you back some money as part of promo but that would not reduce the payment you made towards the phone

- How does this deal compare to 2 year contract price?

When you look at 2 year contract prices there is going to be $20/month increase in device access fee compared to DPP device access fee. After counting that increase for 2 years which accounts to $480 or ETF amount if planning to cancel early and you still make out ahead then that's the choice you may want to choose.

1,190 Comments

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Joined Apr 2006
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Our community has rated this post as helpful. If you agree, why not rep SDRebel?
#4
Cmon bestbuy, we know you can beat this...do it!
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#5
This looks to be a good deal. Can you post a link?
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#6
Quote from SDRebel View Post :
Cmon bestbuy, we know you can beat this...do it!
Still waiting....
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#7
look like a good deal, waiting for this.
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#8
I'm not too familiar with Verizon's policy, but does this offer also work with porting in a AT&T number? Looking forward to porting my family's account.
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#9
V20 and Pixel xl are also "free" with eligible trade.
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#10
I know about keeping the phone for 2 years but this is one of the best versions they have offered. $240 for an Iphone 7 and you can keep your old phone works out better for me than last months promotion. But yes, if Best Buy will match and throw in some gift cards... that would be fantastic.
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#11
Quote from 4bugz View Post :
V20 and Pixel xl are also "free" with eligible trade.
Thanks added link to other phone deals
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#12
Sweet, so I can pay $15 a month for the 7 128GB and keep my 6s for resale.
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#13
So you can trade in an iPhone 7....for an iPhone 7?

I tried to get a BB price match for the Pixel in chat and in store, no dice. :-(
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Last edited by Brian4682 December 15, 2016 at 09:47 AM.
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#14
Bill credits are fine. Does the phone need to stay activated on the line or can I just sell it and use my old phone?
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#15
The maximum line you can add to verizon is 5 lines???
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