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Here's how you can get a free iPhone 6 through Verizon

September 10, 2014

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).

See also: Target to accept iPhone 6 preorders on Sept. 12, offering trade-in deals on older models.

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