Anyone know what the Verizon costs are if you don't have an unlimited plan? What would the trade in be then for an 11 Pro? I'm really confused by all these deals. I hate to have to actually go and talk to a Verizon rep but I probably will have to
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iPhone 13 Pro can someone explain this Verizon promotion?
- Thread starter elykoj
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One thing you might have missed with the Apple flavor of the Verizon promo (i.e., trading in to Apple with Verizon monthly device payments) — Apple gives you an instant credit for whatever their current trade in value for your phone is. Then Verizon gives the balance as a monthly credit. So upgrading after a year, you’d only lose half of the “balance” credits and not Apple’s instant credit. Granted, the $1000 promo isn’t offered through Apple, but the $800 promo is.
Ivabign
macrumors 6502
If you upgrade in a year - you lose half of the credits - $500 goes away. This plan makes the most sense for people who keep their phones for 2 years - that's me and my family. I have found that upgrades after 24 months tend to make the new phone a bigger deal - I don't have the question that many seem to have on these boards: 'Is it enough of an upgrade to go from 11 to 12 - or 12 to 13?' It always makes sense to go from XS to 12 - or 11 to 13. These upgrades always seem a bit more logical to me.
You don’t lose the credits. You only lose them if you disconnect or transfer the line. This is from the terms and conditions “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.”
You can always pay off the device, sell it and buy the next iPhone either outright or with Apple Card payments. The verizon credit will not go away if you simply just change the phone.
Ivabign
macrumors 6502
Correct - but I was responding to the sentence '...a free phone and I'm not upgrading for a year.' No mention of adding another line which would be a pre-requisite for not losing the credits. If he upgrades on that line - he loses the credits - if he sells the phone and buys another to put on that line to keep the credits - it doesn't sound like a free phone. Free for a year definitely.
You don’t really get upgrades anymore that are subsidized. He can still get the next iPhone on the same line. He just can’t go the route of trading in the old and getting the new one while keeping the same installments. You can easily finance the next phone with apple though as they don’t check if you have installments going on elsewhere too. As long as the line is active, you get credits.
slippery-pete
macrumors 68030
This has not been my experience. The trade in was provided as a monthly credit towards a specific device. Once that device was to be swapped, it would be removed. So, I get a monthly credit for the trade in, but paying off the phone early means I miss out on future months of credits and don’t get a discount towards paying it off.
KepsInscription
macrumors regular
What I meant was I won't upgrade for the iPhone 14(the year ill skip) and ill upgrade in 2 years for the iPhone 15. I'll survive just fine and ill get an *almost free phone out of it.
DDustiNN
macrumors 68030
No, the credit is toward the line, not the device. The only way you lose the promo credit is if you cancel the line.
You can’t “upgrade” (I don’t even know why they’re still stuck on that term) during the payment plan, but you absolutely can simply swap the SIM out and put it in a new phone, while still paying off the old phone (and receiving the promo credits for the remaining year). You can even give the old phone to someone else (just put their SIM card in it). I’ve done exactly this.