Does Verizon accept trade-ins? (Your Complete Guide)

If you’re looking to buy a new smartphone on a budget, you might be thinking about trading your old phone in for a new phone as a down payment and are wondering: does Verizon offer trade-ins?

We’re going to tell you everything you need to know about Verizon and whether you can trade in your old device and get a newer one over the Verizon Wireless network, so read on!

Will Verizon offer trade-ins in 2022?

Verizon offers trade-ins, but the amount of money you get when you trade in your device for a new one depends on several factors, such as: B. Age and condition of the old device. Verizon offers trade-ins for store credit, account credit, or you can get your trade-in value through PayPal starting in 2022.

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Want to learn more about Verizon’s trade-in policy, e.g. B. What are the criteria to trade in your old phone for credit? Then read all the important details below!

How long do you have to trade in a phone to Verizon?

If you bought a phone from Verizon and want to trade in your old phone for credit, you have 30 days from the date of purchase of the new phone to trade in your previous phone.

Do I have to pay off my phone to trade in to Verizon?

If the trade-in value of your phone is less than the amount you owe under the payment agreement, you must pay off the old device before you can receive your new phone or other device.

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However, if the trade-in value of the device exceeds your outstanding balance, you can trade-in the device immediately and upgrade your phone to a new one.

What does Verizon do with traded-in phones?

When you trade in your phone to Verizon, the company attempts to reuse and refurbish those devices so that they are available for other customers to purchase.

Additionally, Verizon can instead recycle the device if it no longer works or is a device that customers would buy because they want to keep the electronics out of the landfill.

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Does Verizon offer trade-ins for iPhones?

Verizon offers trade-ins for iPhones, although Verizon may not want an old iPhone and you can get more trade-in credit for newer iPhones.

Does Verizon offer trade-ins for Apple Watches?

Verizon offers trade-ins for Apple Watches as the company takes every smartwatch as part of the trade-in program.

Does Verizon offer in-store trade-ins?

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Verizon offers trade-ins at all Verizon Store locations, and you can use the Verizon Store Locator feature to find the store closest to you to start your trade-in process.

Does Verizon accept trade-ins on iPads?

Verizon will trade in an iPad as the company trades in tablets.

Also, due to the quality of the product, you’ll probably get more money if you trade in your old iPad for a new one.

How do Verizon trade-ins work?

You have the option to trade in your old device either through the Verizon website, through the app, or in the Verizon Store.

Additionally, Verizon trade-ins work by starting you with an evaluation of the device you want to trade in.

You can do this yourself through the app or website by answering questions about your device, or you can go to a Verizon store and have the staff examine the device.

Once your device has been rated, you can receive account credit, a Verizon gift card, or PayPal credit.

Additionally, you can use the Verizon gift card to pay your bill, help with a new device purchase, or save the gift card for future accessories.

If you complete the trade-in process online, Verizon will send you packaging to return your old device and cover the shipping costs.

Is Verizon Trade-In Worth It?

Most of the time, trading in Verizon isn’t worth it because you get significantly less money from Verizon than you would from an online buyback deal.

This is akin to taking your items to a pawn shop rather than selling the item yourself or through another source, meaning you feel like you’re being ripped off.

Also, if you’re trading in a device like an iPhone, you’ll get noticeably less money through Verizon.

While some Samsung devices may have prices as low as $80 or less.

Can you trade in a scratched phone to Verizon?

You cannot trade in a phone to Verizon that has scratches or damage such as water damage or screen damage.

Additionally, the phone must still be in good working order to qualify for the trade-in, so Verizon asks questions about condition before accepting the phone.

If the phone has a damaged battery that cannot be removed, it cannot be traded in either.

Important: If you lie online about the condition of your device, you are not eligible for the trade-in.

Additionally, you cannot trade in a device that has not been unlocked.

To learn more, you can also read our posts on whether or not Verizon accepts PayPal, what Verizon Wireless is, and whether Verizon fixes phone screens.

Conclusion

Verizon offers trade-ins for many devices, including smartwatches, tablets, smartphones, and other electronic items such as netbooks.

However, your device must be in good working order to qualify for the trade-in and the device must be unlocked.

You can use the money you get for the trade-in on another device, your phone bill, or choose a Verizon gift card to use on products at the store.