By Stephen Schenck | January 18, 2011 6:40 PM
If you weren’t keeping up with all the smartphone rumors in 2010, you may be forgiven for not knowing to expect Verizon to begin carrying the iPhone this year. If you’re kicking yourself for recently choosing another smartphone, when a Verizon iPhone would have been your first choice, you may be in luck, as the company is offering to buy back nearly-new handsets for customers switching to the Apple smartphone.
Good news first: if you picked up another Verizon phone between November 26 and January 10, Verizon will take it back from you and offer up to $200 in exchange. The company hasn’t revealed the exact scale used to determine the trade-in price, but expect most current smartphones to be on the upper end of the range.
Now that you’re all set to ditch you phone and use that $200 towards a new iPhone 4, get ready for the bad news: in order to qualify for this deal you’ll need to purchase a Verizon iPhone at full retail prices. That means you could be out $750 ($550 after your $200 back) to switch from your current smartphone to a 32GB iPhone 4. It’s an option, sure, but is it one really worth taking at this price?