Selling my upgrade

[AlphaTeam]

I'm currently a Verizon customer that is elegable for an upgrade. I currently have an Iphone 5 and I want to buy another 5 and sell it. Is this the correct way to do it?
1. I'd order and receive the new phone.
2. Activate the new phone, which puts my number on to the new phone.
3. Transfer my number from the new phone to my current phone.
4. So now the new phone us now free and clear and able to sell?

Are these steps correct? I'll be on the hook for a 2 year contract, but I'm okay with that.

Or would another model be best to sell?

 

[needfx]

I'm currently a Verizon customer that is elegable for an upgrade. I currently have an Iphone 5 and I want to buy another 5 and sell it. Is this the correct way to do it?
1. I'd order and receive the new phone.
2. Activate the new phone, which puts my number on to the new phone.
3. Transfer my number from the new phone to my current phone.
4. So now the new phone us now free and clear and able to sell?

Are these steps correct? I'll be on the hook for a 2 year contract, but I'm okay with that.

Or would another model be best to sell?

is it worth it? will you be actually making any money out of this?

 

[AlphaTeam]

I would sure think so. Its going to be $200 my cost and I can sell it for way more than that.

 

[r2shyyou]

I'm currently a Verizon customer that is elegable for an upgrade. I currently have an Iphone 5 and I want to buy another 5 and sell it. Is this the correct way to do it?
1. I'd order and receive the new phone.
2. Activate the new phone, which puts my number on to the new phone.
3. Transfer my number from the new phone to my current phone.
4. So now the new phone us now free and clear and able to sell?

Are these steps correct? I'll be on the hook for a 2 year contract, but I'm okay with that.

Or would another model be best to sell?

Why even activate it? You could likely get more money for it if the box is still sealed. Or am I missing something and you have to activate it?

 

[AlphaTeam]

I read somewhere that it has to be activated because it is tied to my account. If it isn't activated I can get charged full price.

I'm not 100% sure though, that is why I'm asking.

 

[XboxMySocks]

I read somewhere that it has to be activated because it is tied to my account. If it isn't activated I can get charged full price.

I'm not 100% sure though, that is why I'm asking.

Yes, you are correct. You'll have to activate it otherwise when they receive it they will not be able to activate it (therefore they have a $700 brick!)