{"id":4145,"date":"2022-04-26T08:18:53","date_gmt":"2022-04-26T08:18:53","guid":{"rendered":"https:\/\/www.gizmogrind.com\/blog\/?p=4145"},"modified":"2025-11-13T15:34:14","modified_gmt":"2022-05-03T08:59:22","slug":"how-does-verizon-trade-in-work","status":"publish","type":"post","link":"https:\/\/gizmogrind.com\/blog\/how-does-verizon-trade-in-work\/","title":{"rendered":"How Does Verizon Trade-In Work? Policy, Values &#038; Requirements (2025)"},"content":{"rendered":"\n<p>When it comes to getting the most out of your phone, where you trade in your phone also determines the value you can get from it.<\/p>\n\n\n\n<p>If you&#8217;re thinking of trading in your old phone to Verizon, you&#8217;ve come to the right place. Today, we&#8217;ll discuss how Verizon&#8217;s trade-in process works and outline its pros and cons to help you decide whether they&#8217;re the best place to trade in your device.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_76 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69e1504bda4b0\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69e1504bda4b0\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/gizmogrind.com\/blog\/how-does-verizon-trade-in-work\/#How_Does_Verizon_Trade-in_Work\" >How Does Verizon Trade-in Work?&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/gizmogrind.com\/blog\/how-does-verizon-trade-in-work\/#Verizon_Trade-in_Requirements\" >Verizon Trade-in Requirements<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/gizmogrind.com\/blog\/how-does-verizon-trade-in-work\/#Verizon_Buyback_Main_Payment_Options\" >Verizon Buyback Main Payment Options<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/gizmogrind.com\/blog\/how-does-verizon-trade-in-work\/#How_does_Verizon_trade-in_work_for_existing_customers\" >How does Verizon trade-in work for existing customers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/gizmogrind.com\/blog\/how-does-verizon-trade-in-work\/#How_does_Verizon_trade-in_work_for_new_customers\" >How does Verizon trade-in work for new customers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/gizmogrind.com\/blog\/how-does-verizon-trade-in-work\/#Does_Verizon_trade-in_cracked_screens\" >Does Verizon trade-in cracked screens?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/gizmogrind.com\/blog\/how-does-verizon-trade-in-work\/#Does_my_phone_have_to_be_paid_off_to_trade_in_Verizon\" >Does my phone have to be paid off to trade in Verizon?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/gizmogrind.com\/blog\/how-does-verizon-trade-in-work\/#Can_I_upgrade_my_phone_and_trade_in_my_old_one_with_Verizon\" >Can I upgrade my phone and trade in my old one with Verizon?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/gizmogrind.com\/blog\/how-does-verizon-trade-in-work\/#Can_I_use_my_trade-in_as_a_down_payment_to_Verizon\" >Can I use my trade-in as a down payment to Verizon?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/gizmogrind.com\/blog\/how-does-verizon-trade-in-work\/#Does_Verizon_give_cash_for_trade-ins\" >Does Verizon give cash for trade-ins?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/gizmogrind.com\/blog\/how-does-verizon-trade-in-work\/#How_long_does_it_take_to_process_a_Verizon_trade-in\" >How long does it take to process a Verizon trade-in?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/gizmogrind.com\/blog\/how-does-verizon-trade-in-work\/#Pros_and_Cons_of_Verizons_Trade-in_Program\" >Pros and Cons of Verizon&#8217;s Trade-in Program<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/gizmogrind.com\/blog\/how-does-verizon-trade-in-work\/#Pros_of_Verizon_Buyback\" >Pros of Verizon Buyback<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/gizmogrind.com\/blog\/how-does-verizon-trade-in-work\/#Cons_of_Verizon_Buyback\" >Cons of Verizon Buyback<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/gizmogrind.com\/blog\/how-does-verizon-trade-in-work\/#Is_Verizon_Trade-in_Worth_It\" >Is Verizon Trade-in Worth It?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/gizmogrind.com\/blog\/how-does-verizon-trade-in-work\/#The_Trade-offs_with_Carrier_Trade-ins\" >The Trade-offs with Carrier Trade-ins<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/gizmogrind.com\/blog\/how-does-verizon-trade-in-work\/#Verizon_Trade-in_Alternatives\" >Verizon Trade-in Alternatives<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_Does_Verizon_Trade-in_Work\"><\/span><strong>How Does Verizon Trade-in Work?&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In a nutshell, Verizon&#8217;s buyback or trade-in program allows you to donate or trade-in your old phone and receive store credit or a Verizon e gift card that can be used to offset the cost of a new device or service plan.<\/p>\n\n\n\n<p>You can either bring your phone to a Verizon Wireless store or go to their website and select the device you want to trade in. Existing and new customers can trade in their devices, and there&#8217;s no limit to how many devices you can trade in.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Verizon_Trade-in_Requirements\"><\/span><strong>Verizon Trade-in Requirements<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Verizon accepts the following types of devices:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Smartphones<\/li><li>Laptops \/ Netbooks<\/li><li>Tablets<\/li><li>Smartwatches<\/li><li>Basic phones<\/li><li>Mobile hotspot devices<\/li><li>3G prepaid phones active for at least six months<\/li><li>4G prepaid phones that have been activated with at least one month&#8217;s payment<\/li><\/ul>\n\n\n\n<p>Below are the requirements your device will have to meet to be eligible for Verizon&#8217;s trade-in program:<\/p>\n\n\n\n<p>-The device must power on and be functional<\/p>\n\n\n\n<p>&#8211; The device has to be unlocked<\/p>\n\n\n\n<p>-The device cannot have water damage that affects how it works<\/p>\n\n\n\n<p>-The device must not be reported as lost or stolen<\/p>\n\n\n\n<p>-The device must not be purchased with government funds or is government property<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>What to do if your device doesn&#8217;t meet Verizon&#8217;s requirements?<\/strong><\/h4>\n\n\n\n<p>Suppose your device is not eligible for Verizon&#8217;s trade-in program. In that case, you can still donate it to their recycling program and<a href=\"https:\/\/www.gizmogrind.com\/blog\/cell-phone-disposal\/\" target=\"_blank\" rel=\"noreferrer noopener\">&nbsp;have your phone disposed of the right way<\/a>. Under this program, you can recycle any wireless device or accessory, regardless of the carrier, make, model or condition. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Verizon_Buyback_Main_Payment_Options\"><\/span><strong>Verizon Buyback Main Payment Options<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<h4 class=\"wp-block-heading\">1. <strong>Account credit<\/strong><\/h4>\n\n\n\n<figure class=\"wp-block-image size-large is-resized is-style-default\"><img decoding=\"async\" src=\"https:\/\/www.gizmogrind.com\/blog\/wp-content\/uploads\/2022\/04\/verizon-account-credit-payment-option-2-edited.png\" alt=\"verizon-account-credit-payment-option\" class=\"wp-image-4159\" width=\"737\" srcset=\"https:\/\/gizmogrind.com\/blog\/wp-content\/uploads\/2022\/04\/verizon-account-credit-payment-option-2-edited.png 1679w, https:\/\/gizmogrind.com\/blog\/wp-content\/uploads\/2022\/04\/verizon-account-credit-payment-option-2-edited-300x169.png 300w, https:\/\/gizmogrind.com\/blog\/wp-content\/uploads\/2022\/04\/verizon-account-credit-payment-option-2-edited-1024x576.png 1024w, https:\/\/gizmogrind.com\/blog\/wp-content\/uploads\/2022\/04\/verizon-account-credit-payment-option-2-edited-1536x864.png 1536w\" sizes=\"(max-width: 1679px) 100vw, 1679px\" \/><\/figure>\n\n\n\n<ul class=\"wp-block-list\"><li>Available for Verizon customers <\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>Credit to be applied within one or two billing cycles.<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">2.<strong>Verizon E Gift Card<\/strong><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li>Available for non-Verizon customers <\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li> Sent through email within two weeks after receipt of trade-in device by Verizon<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">3.<strong>Paypal Credit<\/strong><\/h4>\n\n\n\n<div class=\"wp-block-image is-style-default\"><figure class=\"aligncenter size-large is-resized\"><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.gizmogrind.com\/blog\/wp-content\/uploads\/2022\/04\/verizon-paypal-credit-option-edited.png\" alt=\"verizon-paypal-credit-option\" class=\"wp-image-4158\" width=\"729\" height=\"409\" srcset=\"https:\/\/gizmogrind.com\/blog\/wp-content\/uploads\/2022\/04\/verizon-paypal-credit-option-edited.png 1716w, https:\/\/gizmogrind.com\/blog\/wp-content\/uploads\/2022\/04\/verizon-paypal-credit-option-edited-300x169.png 300w, https:\/\/gizmogrind.com\/blog\/wp-content\/uploads\/2022\/04\/verizon-paypal-credit-option-edited-1024x576.png 1024w, https:\/\/gizmogrind.com\/blog\/wp-content\/uploads\/2022\/04\/verizon-paypal-credit-option-edited-1536x864.png 1536w\" sizes=\"(max-width: 729px) 100vw, 729px\" \/><\/figure><\/div>\n\n\n\n<ul class=\"wp-block-list\"><li>Available for select Verizon and non-Verizon customers who meet specific requirements<\/li><li>Delivered within two weeks of receiving your device<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_does_Verizon_trade-in_work_for_existing_customers\"><\/span>How does <strong>Verizon trade-in work for existing customers<\/strong>?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>For existing customers who want to trade in their device, follow these steps:<\/p>\n\n\n\n<div class=\"wp-block-image is-style-default\"><figure class=\"alignright size-large is-resized\"><img decoding=\"async\" src=\"https:\/\/www.gizmogrind.com\/blog\/wp-content\/uploads\/2022\/04\/how-does-verizon-trade-in-work-verizon-trade-in-page-1024x576.png\" alt=\"how-does-verizon-trade-in-work-verizon-trade-in-page\" class=\"wp-image-4160\" width=\"622\" height=\"350\" srcset=\"https:\/\/gizmogrind.com\/blog\/wp-content\/uploads\/2022\/04\/how-does-verizon-trade-in-work-verizon-trade-in-page-1024x576.png 1024w, https:\/\/gizmogrind.com\/blog\/wp-content\/uploads\/2022\/04\/how-does-verizon-trade-in-work-verizon-trade-in-page-300x169.png 300w, https:\/\/gizmogrind.com\/blog\/wp-content\/uploads\/2022\/04\/how-does-verizon-trade-in-work-verizon-trade-in-page-1536x864.png 1536w, https:\/\/gizmogrind.com\/blog\/wp-content\/uploads\/2022\/04\/how-does-verizon-trade-in-work-verizon-trade-in-page.png 1920w\" sizes=\"(max-width: 622px) 100vw, 622px\" \/><\/figure><\/div>\n\n\n\n<ol class=\"wp-block-list\"><li>Login to Your Verizon Account<\/li><li>Select the device you want to trade-in from your account&#8217;s drop-down menu<\/li><li>Answer a few questions about its condition, whether it&#8217;s good or damaged.<\/li><li>Verizon will then give you an appraisal value for your device. Decide if it&#8217;s acceptable. (Note: Verizon&#8217;s quote for your device is non-negotiable)<\/li><li>After accepting the terms, enter your shipping information and select how you want to be paid for your device trade-in<\/li><li>Follow instructions before sending the device (i.e., how to wipe data)and wait for your prepaid shipping box<\/li><li>Print out the shipping label and package your device<\/li><li>Ship the device within 15 days to complete your trade-in<\/li><\/ol>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_does_Verizon_trade-in_work_for_new_customers\"><\/span>How does <strong>Verizon trade-in work<\/strong> for new customers?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ol class=\"wp-block-list\"><li>Go to&nbsp;<a href=\"https:\/\/www.verizon.com\/sales\/digital\/tradein.html\" target=\"_blank\" rel=\"noreferrer noopener\">Verizon&#8217;s trade-in page<\/a><\/li><li>Enter your device&#8217;s model, color, carrier, and size<\/li><li>Check appraisal value and choose whether to accept it or not.<\/li><li>Enter your device ID which is labeled as either IMEI, MEID, or ESN (this can be found in <strong>Settings&gt;General&gt;About<\/strong> for Apple devices and <strong>Settings&gt;System&gt;About Phone<\/strong> for Android)<\/li><li>Follow instructions before sending the device (i.e., how to wipe data)and wait for your prepaid shipping box<\/li><li>Print out the shipping label and package your device.<\/li><li>Ship the device within 15 days to complete your trade-in<\/li><\/ol>\n\n\n\n<p>For both existing and new customers, you can track the status of your device by entering your Submission ID in their&nbsp;<a href=\"https:\/\/www.verizon.com\/od\/trade-in\/checkStatus?adobe_mc=MCMID%3D71224680290065617931563525835707937197%7CMCORGID%3D843F02BE53271A1A0A490D4C%2540AdobeOrg%7CTS%3D1597337713&amp;mboxSession=2874545a1ab3464991b9cdb70ebb2685#\/\" target=\"_blank\" rel=\"noreferrer noopener\">Verizon Trade-In Resource Center<\/a>.<\/p>\n\n\n\n<div class=\"wp-block-image is-style-rounded\"><figure class=\"alignright size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/www.gizmogrind.com\/blog\/wp-content\/uploads\/2022\/04\/verizon-trade-in-cracked-screen.jpg\" alt=\"verizon-trade-in-cracked-screen\" class=\"wp-image-4151\" width=\"300\" height=\"196\" srcset=\"https:\/\/gizmogrind.com\/blog\/wp-content\/uploads\/2022\/04\/verizon-trade-in-cracked-screen.jpg 640w, https:\/\/gizmogrind.com\/blog\/wp-content\/uploads\/2022\/04\/verizon-trade-in-cracked-screen-300x195.jpg 300w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/figure><\/div>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Does_Verizon_trade-in_cracked_screens\"><\/span><strong>Does Verizon trade-in cracked screens?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Yes, Verizon accepts devices with cracked screens, but you won&#8217;t get as much money for them as you would if it was in good condition. Sadly, it can slash up to half of the credit you will be getting.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Does_my_phone_have_to_be_paid_off_to_trade_in_Verizon\"><\/span><strong>Does my phone have to be paid off to trade in Verizon?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Yes. You cannot trade in a phone that isn&#8217;t paid off to Verizon. The phone must be fully paid off, and you must own it outright.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Can_I_upgrade_my_phone_and_trade_in_my_old_one_with_Verizon\"><\/span><strong>Can I upgrade my phone and trade in my old one with Verizon?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Yes, you can upgrade your phone and trade in your old one with Verizon. When you do so, you will receive a credit that can be applied to your new device purchase. You will also have the option to receive the store credit as a gift card.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Can_I_use_my_trade-in_as_a_down_payment_to_Verizon\"><\/span><strong>Can I use my trade-in as a down payment to Verizon?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Yes, you can use your trade-in as a down payment on a new device with Verizon. When you checkout, you will have the option to apply your credit towards purchasing your new device.<\/p>\n\n\n\n<div class=\"wp-block-image is-style-rounded\"><figure class=\"alignright size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.gizmogrind.com\/blog\/wp-content\/uploads\/2022\/04\/verizon-buyback-no-cash.jpg\" alt=\"verizon-buyback-no-cash\" class=\"wp-image-4152\" width=\"294\" height=\"197\" srcset=\"https:\/\/gizmogrind.com\/blog\/wp-content\/uploads\/2022\/04\/verizon-buyback-no-cash.jpg 640w, https:\/\/gizmogrind.com\/blog\/wp-content\/uploads\/2022\/04\/verizon-buyback-no-cash-300x200.jpg 300w\" sizes=\"(max-width: 294px) 100vw, 294px\" \/><\/figure><\/div>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Does_Verizon_give_cash_for_trade-ins\"><\/span><strong>Does Verizon give cash for trade-ins?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>No, Verizon does not give cash for trade-ins. You can only receive store credit that can be used to offset the cost of a new device, accessories, or service plan.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_long_does_it_take_to_process_a_Verizon_trade-in\"><\/span><strong>How long does it take to process a Verizon trade-in?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The entire trade-in process takes 2-6 weeks. Guest customers will receive their Verizon Gift card after at least two weeks Verizon receives their device. My Verizon users can expect their credit within 1-3 bill cycles after the appraisal.<\/p>\n\n\n\n<p>You should receive an email from them within that time frame with further instructions.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Pros_and_Cons_of_Verizons_Trade-in_Program\"><\/span><strong>Pros and Cons of Verizon&#8217;s Trade-in Program<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Now that we&#8217;ve answered the question: how does Verizon trade-in work? Here are the pros and cons of trading in your phone to Verizon:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Pros_of_Verizon_Buyback\"><\/span><strong>P<\/strong>ros of Verizon Buyback<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>&#8211; Simple online trade-in process<\/p>\n\n\n\n<p>-Convenient for existing Verizon customers who are looking to upgrade<\/p>\n\n\n\n<p>-You can get up to $500 via Verizon gift cards for select devices, which can go towards the purchase of a new device<\/p>\n\n\n\n<p>-Exciting&nbsp;<a href=\"http:\/\/verizon.com\/deals\/\" target=\"_blank\" rel=\"noreferrer noopener\">promotional deals<\/a>&nbsp;now and then <\/p>\n\n\n\n<p>-Takes cracked screens, though at a significantly lower price<\/p>\n\n\n\n<p>-Your device will still be disposed of properly even if it doesn&#8217;t meet trade-in requirements through their recycling program<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Cons_of_Verizon_Buyback\"><\/span><strong>C<\/strong>ons of Verizon Buyback<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>&#8211; Only gives you in-store \/ account credit, not actual cash<\/p>\n\n\n\n<p>&#8211; Only two device condition options<\/p>\n\n\n\n<p>-Non-negotiable appraisal quotes<\/p>\n\n\n\n<p>-No return policy- you can&#8217;t get your device after shipping it.<\/p>\n\n\n\n<p>&#8211; Lower appraisal value compared to other phone trade-in companies<\/p>\n\n\n\n<p>-Lengthy turnaround time, &#8220;entire process generally takes 4 to 6 weeks,&#8221; according to their FAQs page.<\/p>\n\n\n\n<p><strong>&#8211;<\/strong>&nbsp;<a target=\"_blank\" href=\"https:\/\/community.verizon.com\/t5\/My-Verizon\/How-long-does-it-take-to-process-my-trade-in\/m-p\/1200752\/highlight\/true#M201915\" rel=\"noreferrer noopener\">Many bad reviews and complaints<\/a>&nbsp;from customers saying they haven&#8217;t received the credit they were promised for months<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Is_Verizon_Trade-in_Worth_It\"><\/span><strong>Is Verizon Trade-in Worth It?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>Verizon buyback is a great way for existing customers to upgrade their devices and get a little money back in the process.<\/strong><\/p>\n\n\n\n<p>For people who are looking to switch to Verizon as their carrier, there&#8217;s also Verizon&#8217;s Bring Your Own Device program. Verizon&#8217;s BYOD program can get you up to $500 worth of credit when you bring your phone and activate a plan with Verizon.  <\/p>\n\n\n\n<p><strong>However, if you&#8217;re not looking to switch carriers and want to get the most value for your device, then you might want to consider other trade-in companies.<\/strong><\/p>\n\n\n\n<p>Apple,&nbsp;<a target=\"_blank\" href=\"https:\/\/www.gizmogrind.com\/blog\/how-does-samsung-trade-in-work\/\" rel=\"noreferrer noopener\">Samsung<\/a>, and even Amazon have their phone trade-in programs that may give you a better value for your device. Then again, just like Verizon, these trade-ins will only provide you with account credit, not actual cash.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_Trade-offs_with_Carrier_Trade-ins\"><\/span><strong>The Trade-offs with Carrier Trade-ins<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Verizon, Apple, Samsung, T-Mobile, and Sprint&#8217;s trade-in services are not designed to get you the highest value. They&#8217;re in it to get you the lowest offer since you&#8217;re already at their door trying to upgrade.<\/p>\n\n\n\n<p>A carrier&#8217;s phone trade-in is a way for them to give you the least money possible for your device to get you to upgrade to the newest model and lock you into their service.<\/p>\n\n\n\n<p>It&#8217;s a trade-off- you&#8217;re getting convenience and customer loyalty rewards by trading in with your carrier. But in return, you&#8217;re not getting the best deal for your device.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Verizon_Trade-in_Alternatives\"><\/span><strong>Verizon Trade-in Alternatives<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>When it comes to getting the most value for your device, independent phone trade-in services are the way to go. These companies are not trying to lock you into their service but want to give you a fair price for your device so you&#8217;ll tell all your friends about how great their service is.<\/p>\n\n\n\n<p>It&#8217;s a much better model, and it&#8217;s how phone trade-ins should work.<\/p>\n\n\n\n<p>Aside from popular trade-ins like Decluttr and Gazelle,&nbsp;<a href=\"https:\/\/gizmogrind.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">GizmoGrind<\/a>&nbsp;offers top dollar for your devices, regardless of carrier, storage capacity, or condition. We consider market data and offer rates 2x higher than what you can expect from mainstream services.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized is-style-default\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.gizmogrind.com\/blog\/wp-content\/uploads\/2022\/04\/verizon-trade-in-alternatives-gizmogrind-edited.jpg\" alt=\"verizon-trade-in-alternatives-gizmogrind\" class=\"wp-image-4163\" width=\"850\" height=\"603\" srcset=\"https:\/\/gizmogrind.com\/blog\/wp-content\/uploads\/2022\/04\/verizon-trade-in-alternatives-gizmogrind-edited.jpg 1158w, https:\/\/gizmogrind.com\/blog\/wp-content\/uploads\/2022\/04\/verizon-trade-in-alternatives-gizmogrind-edited-300x213.jpg 300w, https:\/\/gizmogrind.com\/blog\/wp-content\/uploads\/2022\/04\/verizon-trade-in-alternatives-gizmogrind-edited-1024x727.jpg 1024w\" sizes=\"(max-width: 850px) 100vw, 850px\" \/><\/figure>\n\n\n\n<p>What&#8217;s more, we provide free shipping and packaging, so you don&#8217;t have to worry about anything. And unlike Verizon, we have a no questions asked return policy- so you can always change your mind.&nbsp;<\/p>\n\n\n\n<p>So if you&#8217;re wondering how does Verizon trade-in work, now you know. But if you&#8217;re sick of store credit and want to get the most cash for your device, look no further than GizmoGrind!<\/p>\n\n\n\n<p>Check how much your device is worth with us&nbsp;<a target=\"_blank\" href=\"https:\/\/gizmogrind.com\/\" rel=\"noreferrer noopener\">here<\/a>!&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Complete guide to Verizon phone trade-in program. Learn how it works, trade-in values, policy requirements, and step-by-step process. Updated November 2025.<\/p>\n","protected":false},"author":1958229,"featured_media":4149,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","neve_meta_reading_time":"","footnotes":""},"categories":[3,107],"tags":[418],"class_list":["post-4145","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sell-my-phone","category-phone-plans","tag-verizon"],"_links":{"self":[{"href":"https:\/\/gizmogrind.com\/blog\/wp-json\/wp\/v2\/posts\/4145","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gizmogrind.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gizmogrind.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gizmogrind.com\/blog\/wp-json\/wp\/v2\/users\/1958229"}],"replies":[{"embeddable":true,"href":"https:\/\/gizmogrind.com\/blog\/wp-json\/wp\/v2\/comments?post=4145"}],"version-history":[{"count":8,"href":"https:\/\/gizmogrind.com\/blog\/wp-json\/wp\/v2\/posts\/4145\/revisions"}],"predecessor-version":[{"id":4170,"href":"https:\/\/gizmogrind.com\/blog\/wp-json\/wp\/v2\/posts\/4145\/revisions\/4170"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gizmogrind.com\/blog\/wp-json\/wp\/v2\/media\/4149"}],"wp:attachment":[{"href":"https:\/\/gizmogrind.com\/blog\/wp-json\/wp\/v2\/media?parent=4145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gizmogrind.com\/blog\/wp-json\/wp\/v2\/categories?post=4145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gizmogrind.com\/blog\/wp-json\/wp\/v2\/tags?post=4145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}