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Now Verizon has an iPhone upgrade plan too

Now Verizon has an iPhone upgrade plan too
Verizon Wireless

This week has been full of great announcements for Apple and iPhone fans. The Big Four carriers have gotten the message: Consumers want an affordable way to get the latest iPhone.

On just about every carrier, you will now be able to afford a brand new iPhone, and the days of waiting two years to upgrade should soon be a thing of the past.

First, there was T-Mobile severely dropping the prices of the new iPhone 6s and 6s Plus to $5 per month with a trade-in. Then, Sprint made an almost identical deal for its customers a day later, offering the iPhone for $1 per month.

Not to be outdone, we shouldn't be surprised that Verizon also announced a similar deal. Verizon users can now upgrade their phone after 6 months, assuming you have half of the phone paid off and you turn in the old one.

The way Verizon recommends going about this is to sign up for 24 months of financing on a new iPhone. At those terms, the iPhone 6s come out to $27.08 per month and $31.24 for the 6s Plus with zero down.

After 12 months of payments, you can then upgrade to the latest iPhone. It makes sense given that Apple releases a new model every year.

For new customers or new iPhone buyers, Verizon is offering up to a $400 trade-in credit. You can get $300 credit for trading in a smartphone in good, working condition. New Verizon customers can also get a $100 bill credit.

These deals aren't as low as T-Mobile or Sprint's prices, but Verizon summed everything up in one tweet:

@verizon: "There's having an iPhone 6s. Then there's having it on the best network."

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Source: Re/code
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