Cellphone Carriers Offer Deals to iPhone Owners Who Upgrade

Verizon is just the latest phone company trying to entice iPhone owners to upgrade. Find out about the available deals.

Cellphone Carriers Offer Deals to iPhone Owners Who Upgrade Photo (cc) by JohnKarak

Verizon is the latest phone company to announce a new offer designed to attract iPhone owners who are considering an upgrade.

The latest models, the iPhone 6S and iPhone 6S Plus, became available for pre-order over the weekend and will arrive in Apple stores Sept. 25, according to Apple’s iPhone website.

Yahoo Finance reports that Verizon is now offering a higher trade-in value of up to $400 for the following phones:

  • iPhone 4: $100
  • iPhone 4S: $100
  • iPhone 5: $200
  • iPhone 5C: $200
  • iPhone 5S: $300
  • iPhone 6: $350
  • iPhone 6 Plus: $400

These prices are the same regardless of the phone’s memory capacity. Unlike some of its smaller competitors, Verizon is not offering a leasing option. So customers can only apply the trade-in value to the purchase of a new iPhone, whether they pay in full or via monthly installments.

Apple is also seeking to better compete with cellphone carriers, Yahoo reports:

This year, Apple introduced its own installment and early upgrade plans to make it easier for customers to buy iPhones directly from the maker and skip buying from the carriers altogether. So the carriers are getting more creative competing not just with each other but also with Apple.

The news of Verizon’s new trade-in offer broke around the same time that two of the carrier’s competitors announced new iPhone-related offers.

Sprint announced Friday that new and existing customers can get the iPhone 6S or iPhone 6S Plus for as little as $15 per month. That price includes a yearly phone upgrade as part of Sprint’s iPhone Forever program.

On Thursday, T-Mobile announced its new pricing for the iPhone 6S and iPhone 6S Plus, which is as low as $18.

If you’re considering upgrading an iPhone, be sure to first check out “Tempted by the New iPhone? 7 Points to Ponder Before You Pay Hundreds.”

Do you plan to upgrade your iPhone? Let us know in our Forums. It’s the place where you can speak your mind, explore topics in-depth, and post questions and get answers.

Trending Stories

New! Solutions to Common Financial Struggles for People 50 and Older

New! Solutions to Common Financial Struggles for People 50 and Older

We've partnered with the largest nonprofit consumer counseling agency in the country to offer solutions to the most common financial struggles facing seniors including Medicare assistance, debt and budget counseling, Social Security maximization, help with paying bills, reverse mortgage counseling and foreclosure prevention.

7 Simple Household Hacks for Things You Do Every Day

17 Places You Can (Legally) Download or Stream Free Movies and TV

14 Ways to Maximize Your Social Security Checks


1,638 Active Deals

More Deals