Upgrading from iPhone 5 to 5s on Verizon

daooof

macrumors regular
I'm selling my Verizon iPhone 5 for about $450 in a few days and, while I think I know what I'm doing, I just want to confirm with the people on this forum.

This is what I want to do:

- Sell my iPhone 5 for $450
- Buy a new iPhone 5 from the Apple Store on Verizon on a new line (to use until Friday, then I just return it for the 5s) at the subsidized pricing of $199.
- Terminate my old line ($350 - $10*10 = $250)


Apparently theres no way to keep your old number doing this - is this true? Are there any hidden fees I might encounter? I know there might be one to add a line.


Is there a better way to do this? Let me know, Thanks.
 
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