Updated on October 1, 2016
Free iPhone 7 – Just Trade In Your Old iPhone 6
Get an iPhone 7 (32GB) for $0 when you trade in your iPhone 6 at Verizon Wireless, Sprint, or T-Mobile! That's a very generous trade in offer…especially from Verizon! In the past they would do trade in offers around $300, so I think it is an awesome deal! Yesterday I wrote about where to pre-order. Details below! Some might try to go to eBay to find a cheap iPhone 6 to trade in but there is not much savings and many of the eBay phones are stolen/locked/won't qualify. Unless you are very familiar with eBay and iPhones, I don't recommend playing this game.
REMINDER: Make sure you turn off iCloud lock (“Find My iPhone”) before you trade it in otherwise you will not get the full trade in value. Wiping/erasing the phone does not remove iCloud lock. I forgot to do this on my iPhone 6 and the trade in value came up as $40 instead of $650! So I had to set it up again, turn it off, then erase again.
Other options? Last year, I compared the best and worst places to trade in your iPhone. I don't think think these guys will be getting ANY business as long as these trade in offers continue.
2 year contract? TheVerge.com points out that this looks a lot like the old 2 year contracts and it does. However, with the old 2 year contract, I paid $40/line, which then dropped to $15/line currently when I moved to the Verizon Edge plan. In the new plan it'll be $20/line but the new data plans give more data for less per month so I'll be able to drop to a lower plan and overall pay equal or less than before. Also here's what my alternative was: Sell my iPhone 6 for maybe $300-350 after fees+hassle and buy iPhone 7 for $650; not upgrade the iPhone 5 because its only worth ~$100. Yes, I'd be able to cancel but I don't plan on making any changes.
any iPhone 6 at Verizon and get an iPhone 7 (32 GB) for $0 $100. This new offer expires 10/31/16 (The free iPhone 7 with trade in expired 9/30/16). That means you can get a $ 649 $550 trade in credit by trading in any iPhone from any carrier. The only catch is you need to sign up with the monthly payment plan and receive credits against those charges. That's to make sure you stay with Verizon. So, you'll get billed the monthly device payment plan and then the credits will offset this charge. If you want more storage or a 7 Plus, you will just pay the difference. I posted screen shots of the trade in values at the bottom of this post.
This new offer is not as good as the one in September but… you snooze you lose. At least they still have this offer. All credits come in monthly installments so you have to keep it active for 2 years to get all the credit.
- iPhone 6S / 6S Plus = $550 trade in credit
- iPhone 6 / 6 Plus = $450 trade in credit
- iPhone 5 and 5S (all models) = $300 trade in credit
DELIVERY DATES / BACKORDER DATES as of 10:30am (Sept 9, 2016)
- iPhone 7 (32 gb) Silver and Rose Gold: Sept 16
- iPhone 7 (128 gb) Jet Black: October
- iPhone 7 Plus (128 gb) Black: end of September
- iPhone 7 Plus (128 gb) Jet Black: [BACKORDERED] end of October
OFFER EXPIRES 9/30/16
Q. But I only see $220 for my iPhone 6??
A. Just continue and when you get closer to the checkout you will see the full $650 or $400, depending on which phone you have. I posted screen shots way at the bottom of this post of what it should look like.
Q: Do I have to change my plan?
I didn't have to but the new plan worked out better for my family plan.
If you have an old plan where you are only paying $15/line like I had, this will change to $20/month. That's because I was getting a $25 discount per line which changes to $20, so I lose $5 per line. On the flip side, my jetpack monthly fee drops from $20 to $10/month
Q: Will they take BROKEN/CRACKED SCREEN / ITUNES LOCK / STOLEN?
No. But if your screen is broken you can get it fixed and then they will accept it.
Q: When does this trade in offer expire?
I'm not exactly sure. The store manager said there is no expiration date currently but I also saw a possible date of next week (9/15). DO NOT WAIT if you want to do this!
Q: Do I trade in my old iPhone in store on mail it in?
It depends and this is a bit confusing. You must mail in your old phone if you order via the website and request a trade in. If you just order your phone online (without requesting a trade in) then you will have a choice to bring your old phone to the store or mail in. If you order your phone in store, then you can bring your trade to the store. Read that a couple times and check with your local Verizon store in case they change the rules.
Sprint has a similar trade in offer: Get the iPhone 7 32GB for $0 with eligible trade in. Eligible phones include iPhone 6, iPhone 6 Plus, iPhone 6s, iPhone 6s Plus, Samsung Galaxy S7, Samsung Galaxy S7 edge.
EXPIRES 12/31/2016 ! (or “while supplies last”)
How to get your iPhone 7 32GB for $0**:
- Buy the iPhone 7 or iPhone 7 Plus on AT&T Next® or AT&T Next Every YearSM and activate with qualified wireless service (starting at $50/mo. for new customers, or existing customers may add to an eligible plan). Pay tax at sale.
- Make sure your current iPhone 6, iPhone 6 Plus, iPhone 6s, or iPhone 6s Plus is in good working condition and is paid in full. [Unlike, Verizon, AT&T doesn't appear to be allowing iPhone 5 trade ins for $400 credit].
- We’ll send you a message with the information you need to complete your trade-in.
- Once we’ve confirmed your purchase and received your trade-in, in up to 3 bill cycles we'll begin to apply your monthly bill credits. As long as you stay in good standing with eligible service on your installment agreement, you'll receive monthly credits totaling $650. That is equivalent to making an iPhone 7 32GB $0 or taking $650 off the price of the other variants or iPhone 7 Plus.
**Ltd-time offer (ends 9/30/16 in PR). Priced $650 to $970. Req’s port, well-qual. credit, and 0% APR 30-mo. $21.67/mo. agmt. Up to 3 mos. due before credits start. If svc. canceled, device balance is due. Activ., other charges & restr. apply. Void in CT, RI & Miami-Dade. Can’t be combined with the $650 Switch Offer.
Free iPhone 7 with trade in of an iPhone 6. You'll get
$650 (see update below) credit for any iPhone 6 and $400 $300 credit for any iPhone 5, similar to Verizon.
UPDATE 9/27/16: T-Mobile changed their promotion. Now you can get an iPhone 7 for $100. That means if you trade in an iPhone 6S/6S Plus you get $549 credit and an iPhone 6/6 Plus gets $449. iPhone 5 gets you $299 credit. Upgrading to iPhone 7 will now cost you $100, $200, or $300 depending if you trade in an iPhone 6S, 6, or 5.
Verizon Screen Shots
Here are screen shots for a Verizon trade in of a iPhone 6 ($650 credit) and iPhone 5S ($400 credit). You might see a lower number initially which is just an estimate but the full trade in amount would show up when you get to the screen below.