On Verizon's FAQ with the iPhone, it says you can buy the iPhone at full-price....

[Rated]

without extending the contract?

Any idea how much this will cost?

 

[pyroza]

$599/$699 for 16/32GB

 

[Rated]

Nice, so $600 means no contract extension?

 

[alectheking]

Nice, so $600 means no contract extension?

Yep. Plus any tax.

 

[Rated]

Nice!!

 

[old-wiz]

But why? You will still pay the same monthly fees as you do with a contract, plus you pay a lot more for the initial outlay. The Verizon iPhone won't be usable on any other carrier.

 

[kdarling]

True, if you're going to be using the phone all the time, get the subsidy.

However, I've paid full price (and/or bought phones off eBay) so that I'm not required to pay for a data plan for a phone until I actually use it.

(Requiring a data plan for subsidized smartphones is something that came along with the iPhone. Didn't have to before then. Gee, thanks, Apple and ATT.)

That way, I have the phone without obligation and can swap it on or off my data plan number any time I want.

 

[Rated]

I am saving my upgrade for the new one in the summer/fall..

 

[Goldinboy17]

I am saving my upgrade for the new one in the summer/fall..

It'd be more cost-efficient to wait until June for the new one. The iPhone 4 value would be rather slow, especially so because of it's CDMA technology binding it to Verizon (no unlock through jailbreak that is).