So, I have a great Iphone 5. I love it and just preordered a white 1 for my wife after over a week of unsuccessful reservation. However, I got to thinking if it would be worth it to try to make a buck on it. i probably won't do it but it got me wondering what Verizon would do. $650 + $39 tax + $30 Activation Fee = $719 that it would cost to get in the store out of contract (or an extra $50 if you buy it from another retailer.) I have $200 + $12 tax + $44 Case and Screen Protector = $256 Invested Basically it looks like I could make about $500. then once they are easily available use another one of my lines to upgrade again. So, here's my question- If I were to Sell my iPhone and want to reactivate a dumbphone and drop the data package would that be considered a contract termination or is it ok as long as I keep the main line?