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Verizon Wants to Let You Upgrade Your Phone More Often Too

Illustration for article titled Verizon Wants to Let You Upgrade Your Phone More Often Too

Droid Life got their hands on internal Verizon slides that reveal that Verizon has plans to let its customers upgrade their phones more often. Yeah, kind of like T-Mobile's Jump plan. The 'VZ Edge' plan will supposedly let Big Red customers upgrade to a new phone once they have paid off 50% of their phone. Upgrade before your upgrade. Pay to keep paying.

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The slide shows that the VZ Edge plan will be a "flexible new plan" that'll allow customer to "pay a monthly fee instead of purchasing a device upfront. And upgrade anytime once 50% of the device is paid off." For those who love to upgrade their phones often (and hate that Verizon has moved to a full two-year schedule to upgrade), this plan might make you happier. If you're okay with higher monthly payments, that is.

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Peep the slide below. For comparison, T-Mobile's Jump plan charges people $10/month for the right to upgrade twice a year. [Droid Life]

Illustration for article titled Verizon Wants to Let You Upgrade Your Phone More Often Too

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DISCUSSION

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As a Verizon customer on a no-longer-available plan with a semi-not-ridiculous price, I'm confident that Verizon will structure this plan in such a way that it ends up costing the customer more than whatever they were doing before.

I've found that with Verizon, the best way to upgrade phones before you're eligible to buy one from Verizon at a discount is to get a used phone from a reputable seller like Gazelle, and just pop in your SIM. As long as you're not obsessed with having the absolute newest phone right when it comes out, of course. That tided me over while waiting to become upgrade eligible, which actually just happened 2 days ago. Since I have a reasonably decent phone I'm fine waiting until something really appealing comes along that I want to use my upgrade on.