I am not sure how the Verizon 2-year contracts work but I assume it is similar to AT&T. Essentially, AT&T will charge you $15/month for a new phone plus the upfront costs. This amounts to $360. Assuming $300 upfront, you essentially would pay $660 for the phone with AT&T. Assuming the Verizon cost was about the same with your 5s, you essentially got back half the cost (or more) of the 5s phone with your trade-in. That strikes me as a pretty good deal since tech depreciates very fast - iphones seem to hold their value. Good luck with the new phone.
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Originally Posted by Villages Kahuna
Yes, I did. But I don't bounce around from provider to provider, so it's no big deal to me. Besides, after suffering thru 2 years with AT&T and hundreds of dropped calls, I love the great coverage of Verizon.
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