While the condition of the screen and battery life can impact the final price, even devices that are a few years old often contribute a substantial credit toward the purchase of a new iPhone or Galaxy device. With this option, you are technically financing the device, and it remains tied to your account until the payment term is complete.
Assess Your Situation Before Upgrading Phone Verizon
Device Payment Plans (EIP) The Equipment Installment Plan (EIP) allows you to pay for your phone in monthly increments over a set period, typically 24 or 30 months. Device Tier Example Devices Best For Flagship iPhone 15 Pro, Samsung Galaxy S24 Ultra Power users, photographers, early adopters Mid-Range Google Pixel 8, Samsung Galaxy A55 Balanced performance and value seekers Budget Motorola Moto G Power, iPhone SE First-time smartphone users or secondary lines Navigating the Verizon Network and Promotions.
Upgrading your phone with Verizon is one of the most practical ways to ensure your device stays aligned with your lifestyle, work demands, and entertainment needs. Verizon’s Trade-In Program evaluates your device’s condition and provides a credit that directly reduces the amount you need to pay out of pocket.
Assess Your Situation Before Upgrading Phone Verizon
Leasing (VPP) For users who prefer a short-term commitment with lower monthly costs, Verizon’s Device Leasing program is an attractive alternative. This process can be done online through the Verizon website, where you input details about your phone to receive an immediate valuation.
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