- In this video,
I'm covering everything you need to know about
Verizon's free iPhone 13 deal.
What it is, how you can get it, if it's worth it
and one secret trick to save you the most money possible.
Verizon is offering a total of five deals on iPhone 13,
one for iPhone 13 mini one for iPhone 13,
one for iPhone 13 Pro and one for iPhone 13 Pro max.
And also there's a fifth one available
for new customers switching to Verizon.
Let's start with the deals on the iPhone 13 mini.
Here you can see Verizon gives you
$300 of trading credit for
your iPhone 7 through iPhone SE 2020.
You get $700 of credit for the iPhone 10 through iPhone 12,
and you get $700 of credit for
the iPhone 11 pro to iPhone 12 pro max.
So basically enough credit to get you a free iPhone 12 mini.
This credit will be applied to your account
over a period of 24 months.
Next for the iPhone 13 deal.
Verizon gives you up to $800 of credit
for the iPhone 10 or newer.
Again, this is enough credit to get you a free iPhone 13.
Now, where things get interesting is
with the iPhone 13 Pro.
Here, if you had a pro level device from the last two years,
including the 11 pro 11 pro max 12 pro or 12 pro max,
Verizon is giving you $1,000 of credit
for basically a free iPhone 13 Pro.
The second big change besides the extra credit is
that you do have to finance this device
over a 30-month period.
At least that's what apple says
on their website with this deal.
For the iPhone 13 Pro max,
these trading deals remain the same.
So you can basically get the Pro max for just $100 when you
trade in a previous pro device.
And the fifth deal is for new customers.
If you're a new customer switching to Verizon,
you can get up to a $500 prepaid MasterCard to help you pay
off your final bill when you switch.
Okay.
So how do you take advantage of these deals and potentially
get yourself a free iPhone 13?
What are the eligibility requirements?
What are the steps? and what are the surprise fees?
To show you exactly how you can get these deals,
I want to use this video's sponsor, Navi.
Navi is a free online tool that lets you find and
compare the best deals on the latest smartphones.
They already have iPhone 13 series on their site.
You can see here,
you can compare deals from ATT, T-Mobile and Verizon.
You can also compare deals from Apple and Best Buy,
and you can see the current availability dates.
This case, Apple is pushed back already to October 11th.
Verizon already pushed back to September 29th, and Best Buy
is your current best bet
at getting the iPhone 13 on September 24th.
And Navi becomes even more powerful when
you create your free account and enter
your current carrier and your current phone.
In this case, I've entered I own an iPhone 11
and Navi's showing me popular upgrades for
iPhone 11 owners, including the iPhone 13,
which we just covered.
So let's actually click stay with Verizon.
And what's really cool is Navi lays out again,
the best options from Verizon, from Best Buy and from Apple,
or if you are interested in switching, you can see deals
if you switch carriers.
You can compare the offers from T-Mobile, from aTT and
from Best Buy.
Now, my personal favorite feature about Navi is,
once we find a deal we like, let's say,
I want to stick with Verizon and select this deal.
Navi will actually bring us to the deal summary page,
where they tell us everything we need to know
on how to get this deal.
So to get the iPhone 13 and
iPhone 13 mini deals from Verizon,
what you need to do is buy this phone from Verizon on
the 24 month payment plan.
You need to mail in your iPhone 11 within 30 days.
And I do believe you can trade it in, in store,
whether it's at Apple or Verizon,
and then your trading credit of $800 will be given over the
24 months and will start showing up after two billing
cycles, once Verizon processes your trade-in device,
they have to confirm it's in acceptable condition.
And the bottom line is
your monthly device payment will be $0.
You're getting the iPhone 13 or iPhone 13 mini for
completely free with that eligible device. Now, again,
what I love about Navi,
they're showing you the fine print here.
So your iPhone 11 actually needs to be
in good or damaged condition.
Yes, Verizon will let you trade-in a device
in damaged condition, which is awesome
and Navi outlines exactly what that means.
It means your device can turn on and off.
There is no battery damage. That's important.
The device is paid off and unlocked and cracked screens are
accepted.
So basically what Verizon is doing is if you have a device
that basically works perfectly, but the screen is cracked,
they actually will accept that
and give you the full $800 of credit.
If you have a device that's damaged beyond a cracked screen,
such as battery damage,
possibly dense or more severe damage in the frame,
then those devices may not be eligible.
I encourage you to go to a physical Verizon store to see
what the eligibility requirements are and if your device can
qualify for this trade-in credit.
Navi also gives us the qualifying plans here.
If you're an existing Verizon customer, it is of course,
the more premium plans which include Play More Unlimited,
Do More Unlimited, Get More Unlimited,
the legacy Above Unlimited plan and the
legacy Beyond Unlimited plan.
And on the right-hand side of the screen,
we get a beautiful overview of what this deal is.
We're getting $800 of trading credit. It's over 24 months.
Our monthly cost is $0.
There is a $0 down payment and up to a $20 activation fee.
And while there is no down payment,
you may actually have to pay taxes on
the full price of the device upfront.
So for something like the iPhone 13 that's $800,
I would estimate taxes to be around $50 to $55 for about a
6.5% tax rate. Of course, taxes vary by what state you're in
but just keep in mind you may have to pay taxes
on the device upfront.
And pretty much the same steps apply
whether you're getting the iPhone 13, iPhone 13,
mini iPhone, 13 pro or iPhone 13 pro max.
So go check out Navi right now at the link in the video
description. They analyze over 75,000 deals per day
to get you the best deal possible on your device.
I think you're going to love the service.
So check them out at the link below,
but wait, Are Verizon's deals actually worth it?
To find out, I did an in-depth analysis
of the pricing over the 24 month
financing agreements. In this example,
we're trading in an iPhone 11 to get the new iPhone 13.
I'm comparing Verizon to financing the iPhone 13 with Apple
card and getting credit with Apple's trade-in program.
You can see the trading credit is $340 for an iPhone 11,
which brings our total to $490
for the Apple card financing option.
Of course, you are paying this over 24 months
with 0% interest,
and this is more expensive than Verizon,
which is giving you the iPhone 13 for free.
But when we look at the monthly plan costs,
Apple card financing is way less.
It's just $25 per month compared to $85 per month from
Verizon. Plus Verizon is tacking on a $35 activation fee.
So when we look at our 24 month total, Apple card financing
saves you $985. However, things totally switched around
when we look at the four line option.
For four lines, the iPhone 13 comes out to $1,960
for apple card financing with our trading credit.
However, with Verizon,
you're getting the iPhone 13 for free with that trade-in
promotion, which is awesome.
And that's a huge discount which makes Verizon's overall
total costs $140 cheaper than going with apple card
financing and trading in your device to apple.
But what if you wanted the iPhone 13 pro?
what does that look like? I calculated that for you too
and you can see, like before, you can save over $1,300 by
going with apple card, monthly financing,
and this time with four lines upgrading to the iPhone 13 Pro
you're actually saving $1,000 exactly
by going with apple card, monthly financing.
It really is the lower cost cell phone plan
that adds up to these significant savings,
both for single lines and for families.
But what if you are using the iPhone 12 pro as your trade-in
device where Verizon would give you the free iPhone 13 pro?
Well, I calculated that for you too.
And here it's a very similar story. Sure, you are paying
more for the iPhone 13 Pro with Apple card
financing and the trade-in,
but when we look at the total here, over 30 months,
you're saving $1,475 by going with the apple card option.
And for four lines, the savings are even more,
you're saving over $2,000 with apple card,
with the trade-in of the iPhone 12 pro.
At this point, you're probably like: "Stetson,
how is this possible?
How are you saving so much money with apple card,
monthly financing?"
And the secret is with apple card
monthly financing you're getting an unlocked iPhone.
This means you can use it on any cell phone plan you want
to, and it's not tied to any carrier or contract.
And that right there is the secret.
This is the secret that saves you the most money overall.
And it's because the cell phone plans you can choose from
are super affordable.
You can consider Visible's $25 unlimited data plan or US
mobile's $45 75 gig plan, or even Xfinity Mobile's
$45 unlimited plan. As you can see,
these options are way less than Verizon's $80 a month
unlimited data plan,
which is the minimum price you need in order to be eligible
for the promotions.
But Stetson, wait a minute.
You're using $25 per month in your comparison charts.
What if your cell phone plan was more expensive? Well,
I actually calculated that for you too.
If we take a look,
this is the savings with the $25 plan,
and if we increased the plan to
$50 per month for individuals, you're still saving $385
compared to going with Verizon directly.
So even though the iPhone is free,
you're essentially paying for the cost of the phone with a
much more expensive cell phone plan.
And for families, the pricing is even better.
Xfinity Mobile has one of the cheapest plans available
costing you just $15 per person
with two and a half gigs of data per person,
US Mobile drops to just $25 per line for their 75 gig plan.
And with US Mobile,
you can actually choose up to two perks to get included for
free with your cell phone plan.
This includes Disney Plus, Hulu, ESPN Plus HBO Max,
Spotify family, Apple music, or others.
And of course you also have
Visible with their $25 unlimited plan and Xfinity mobile
drops the price to just $30 per line for their
unlimited plan.
And compared to Verizon,
these plans are up to $20 cheaper per line,
or between $80 to $90 cheaper per month
after all taxes and fees.
So there you go.
If you're looking to save the absolute most money,
I would encourage you to consider purchasing the iPhone 13
unlocked straight from Apple, financing it with Apple card,
monthly financing if you want to.
You do get 3% cashback, which is awesome.
And then going with
one of these more affordable cell phone plans.
I believe it can really help you save money in the long run.
You can find full video reviews of these different carriers
at the links in the video description.
And of course, if you are a current Verizon customer
and you like your plan, by all means, keep it.
I fully respect that.
And you can also find links to Verizon's deals in the video
description as well.
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