Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.

viperouge

macrumors newbie
Original poster
Sep 8, 2016
6
0
Hey Guys,

I switched last year to Verizon and got an iPhone 7 Plus at launch.
I would like to pay off the remaining balance of the phone (I have around 56% left) and upgrade to iPhone 8 (monthly payments).

How can I prepare for the Pre-order?
Should I pay off the phone before the pre-order date or should I do that when I preorder?
Am I better off pre-ordering from Apple or Verizon's website?

It's my first time upgrading through Verizon so that's why I ask :)

Thank you!
 

bigcstyle4

macrumors 6502
Sep 22, 2012
342
139
Verizon lets you upgrade once you've paid off 50% of the device, so you can basically upgrade every year. You don't need to pay the whole phone off. This is assuming you're willing to turn the phone back in to them.
 

Attachments

  • IMG_4001.jpg
    IMG_4001.jpg
    205.8 KB · Views: 285

lparsons21

macrumors 6502
Jun 3, 2014
451
208
Southern Illinois
If you got your iPhone 7 with one of those special deals they did when the 7 launched, you got monthly credits to offset the price you paid. If you trade in now you lose whatever remaining credits are still out there.

I did that and just checked my account. I have 13 payments with 13 credits still outstanding on the iPhone 7 plus. I've decided that the iPhone 8 just doesn't offer enough to take that hit.
 
  • Like
Reactions: blairian89

bigcstyle4

macrumors 6502
Sep 22, 2012
342
139
I don't know if it's been confirmed yet whether those credits are tied to the device or to the overall account. One of my lines has that promo from last year. I wouldn't trust what a call center says on this subject until something solid comes out.
 

viperouge

macrumors newbie
Original poster
Sep 8, 2016
6
0
Verizon lets you upgrade once you've paid off 50% of the device, so you can basically upgrade every year. You don't need to pay the whole phone off. This is assuming you're willing to turn the phone back in to them.

Trading in is definitely the easiest option, however, you can sell it for a much higher value if you pay it off and resell on craigslist. I do that every single year and sell the phones for 700/800usd rather than the 450they value while trading in :)
[doublepost=1504460547][/doublepost]
If you got your iPhone 7 with one of those special deals they did when the 7 launched, you got monthly credits to offset the price you paid. If you trade in now you lose whatever remaining credits are still out there.

I did that and just checked my account. I have 13 payments with 13 credits still outstanding on the iPhone 7 plus. I've decided that the iPhone 8 just doesn't offer enough to take that hit.

Where do I see that promo? I pre-ordered it and do not recall getting any special deals on it, but I might be wrong :)
 

krishmk

macrumors 6502
Feb 11, 2010
441
191
I don't know if it's been confirmed yet whether those credits are tied to the device or to the overall account. One of my lines has that promo from last year. I wouldn't trust what a call center says on this subject until something solid comes out.

I believe they are tied to the device with a specific phone number. I suspect, we cannot upgrade our phones unless we pay the balance. Not sure how it works with transfer upgrade option.
 

jwalltheapple

macrumors member
Apr 22, 2015
52
24
Hey guys need your opionion.I usually pre order through Verizon.com but this year my friend actually works at a corporate Verizon store and says that he can order it for me and my chances on getting it on release day will be better.Any suggestions on which way I should go.
 
Last edited:

HallStevenson

macrumors 6502a
May 1, 2012
551
323
Verizon lets you upgrade once you've paid off 50% of the device
Is that plan dependent ? Our son's phone is due for pay-off in November and the only upgrade option for his line currently is to pay off the remaining balance.
[doublepost=1504550292][/doublepost]
I suspect, we cannot upgrade our phones unless we pay the balance.
That's how it is on our account. I am eligible for an upgrade now and actually spoke to a VZW rep a few days ago. She strongly encouraged me to hang on to my 6+ until the "8" comes out (she knew nothing about 7s/7s+ models - said "well, you know more about these than I do") and if like last year, VZW may offer a 100% monthly credit for a "new" iPhone if I trade mine in.
 

Newbie67

macrumors regular
Apr 9, 2015
188
131
So do any of you think the sim free version will be available for preorder?
 

jwalltheapple

macrumors member
Apr 22, 2015
52
24
Hey guys need your opionion.I usually pre order through Verizon.com but this year my friend actually works at a corporate Verizon store and says that he can order it for me and my chances on getting it on release day will be better.Any suggestions on which way I should go.
 

viperouge

macrumors newbie
Original poster
Sep 8, 2016
6
0
The conversation shifted pretty quickly here eheh..

Anyone with Verizon that upgrades every year can let me know the best way to prepare for the preorder? :)
 

democracyrules

Suspended
Nov 18, 2016
997
609
Hey Guys,

I switched last year to Verizon and got an iPhone 7 Plus at launch.
I would like to pay off the remaining balance of the phone (I have around 56% left) and upgrade to iPhone 8 (monthly payments).

How can I prepare for the Pre-order?
Should I pay off the phone before the pre-order date or should I do that when I preorder?
Am I better off pre-ordering from Apple or Verizon's website?

It's my first time upgrading through Verizon so that's why I ask :)

Thank you!
If I were you, I would pay off my balance now. Paying off the phone during preorder can get messy and delay your shipment time due to a lot of things need to be taken care off before preordering and then by the time preordering starts, the shipping time slips due to the stocks for original shipping time are gone.
I would order through Apple. Apple preordering is usually smoother than carrier preordering. Good luck!!
 

44267547

Cancelled
Jul 12, 2016
37,642
42,494
If I were you, I would pay off my balance now. Paying off the phone during preorder can get messy and delay your shipment time due to a lot of things need to be taken care off before preordering and then by the time preordering starts, the shipping time slips due to the stocks for original shipping time are gone.
I would order through Apple. Apple preordering is usually smoother than carrier preordering. Good luck!!

Good advice here. I plan on clearing any ordering details/questions with my carrier today.
 

DevinNj

macrumors 68000
Apr 27, 2016
1,761
1,780
New Jersey
The conversation shifted pretty quickly here eheh..

Anyone with Verizon that upgrades every year can let me know the best way to prepare for the preorder? :)

No need to prepare for anything. When you login to your Verizon accnt page, click on the device you'll be upgrading and click on turn in and upgrade. If there's a balance remaining to get you to the 50% point, you'll be asked to pay that at checkout. Simple. At that point you go into the new contract on the new phone whatever those terms are. They mail out a box to return your current phone.
 
  • Like
Reactions: LeahJoFoxtrot

bigcstyle4

macrumors 6502
Sep 22, 2012
342
139
Is that plan dependent ? Our son's phone is due for pay-off in November and the only upgrade option for his line currently is to pay off the remaining balance.
Not sure. From what I remember (which may be wrong) they started this at the same time Apple rolled out its own upgrade program/payment plan. You may need one of the newer Verizon Plans that started around that time.
 

jobu3434

macrumors regular
Jun 26, 2012
157
50
Virginia Beach, VA
So I have a question. The past 2 years I have preordered the new iPhone through VZW.com and used the verizon payment plan. I have been playing on apple.com and it seems as if you can actually go right through apple and select the option to use verizon’s Payment plan. Anyone have experience doing this? Verizon’z website last year glitched and caused quite a delay in shipping.
 
  • Like
Reactions: MsRandall

44267547

Cancelled
Jul 12, 2016
37,642
42,494
So I have a question. The past 2 years I have preordered the new iPhone through VZW.com and used the verizon payment plan. I have been playing on apple.com and it seems as if you can actually go right through apple and select the option to use verizon’s Payment plan. Anyone have experience doing this? Verizon’z website last year glitched and caused quite a delay in shipping.

There Seems to be a lot stipulations though. If you opt to pay off to upgrade your device, you have to be at 50%, which I don't know how you would be able to do that if you have to make the payments and then pre-order. Unless you own your iPhone out right, then you could use Apple's website through Verizon to continue. I plan on upgrading to Verizon this year personally.
 
Register on MacRumors! This sidebar will go away, and you'll see fewer ads.