Earlier today, Sprint announced the company’s new “iPhone for Life” plan. Now, Verizon has confirmed its own plans heading into next week’s release of the iPhone 6 and iPhone 6 Plus.
According to Bloomberg, the nation’s largest carrier is guaranteeing a $200 trade-in value for any iPhone 4, iPhone 4s, iPhone 5, iPhone 5c, and iPhone 5s in good condition. The deals means you can get a 16GB iPhone 6 for free on contract.
This deal hasn’t yet posted on the Verizon website, but it’s expected to arrive there soon.
This sounds like a nice deal for those unloading an iPhone 4 or iPhone 4s. However, it might be best to look elsewhere if you have an iPhone 5, iPhone 5c, or iPhone 5s to trade.
Be sure to take a look at our 2014 iPhone trade-in guide for our recommendations.
As Aldrin Calimlim noted, Sprint’s “iPhone for Life” plan essentially lets customers lease iPhones with unlimited data, texting, and calling for $70 a month for individual subscribers or $180 a month for Family Share Pack customers.
We’re still waiting to hear from AT&T and T-Mobile on what are they are planning to do to entice iPhone 6 and iPhone 6 Plus buyers during launch weekend. We’ll let you know as soon as we hear.
Introduced on Tuesday, the 4.7-inch iPhone 6 and 5.5-inch iPhone 6 Plus are available for preorder beginning Sept. 12. Each model arrives in stores on Friday, Sept. 19.
The iPhone 6 will be available for $199 (16GB), $299 (64GB), and $399 (128GB). The iPhone 6 Plus will be priced at $299 (16GB), $399 (64GB), and $499 (128GB).