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Verizon’s Phone Trade-In Program Changes to Electronic Gift Cards, Gives You Instant Access for Instant Purchases

If you have spare phones lying around and would rather remove them from your possession in favor of cash, you should know that Verizon’s Trade-In program has made that process a whole lot quicker. After trading in your phones in the past, customers were asked to wait for their reward to arrive in via snail mail. As of today, the program has changed, giving you the opportunity to receive your spending money immediately via electronic gift card. This obviously happens after VZW receives your shipped device and then processes it, but hey, it’s still faster.

On a related note, I took a few minutes to see what Verizon is valuing devices at these days and chuckled at a few. The 64GB DROID XYBOARD will only net you $165. Yikes. Oh, and the regular DROID RAZR will get you $200, while the RAZR MAXX only came in at $180.

Via:  Verizon Trade-In

  • Suqram81

    not sure if anybody realized this, but you can trade the phones in at a Verizon store and get the money that day…. a corporate store that is

  • http://www.facebook.com/people/James-Emberton/100000627165100 James Emberton

    LOL… Every phone you trade in to Verizon is one less phone someone can buy and use without a contract and one less reason for Verizon to lower the prices on their new phones. Sell your used phones on the secondary market, you’ll get more $$$ and you’ll help force VZW to lower the prices of their new phones – or at least give more incentive to buy new from them.

  • tyler

    Just appraised my OG Droid.  $7.00?  No thanks

  • Littleperry04

    7$ for my OG. No thanks i’ll keep it!

  • kkanemt

    Droid 2 working display, no cracks, powers up, $20.00

    Droid RAZR MAXX working display, no cracks, powers up. $180.00
    Motorola DEVOUR, not working display, blown up by firecrackers, does not power up.. .04 cents.
    Total assessed value..$200.04

  • Hilarious

    $7 for Droid 1 :D

  • Destroythanet

    All corporate trade-in programs are crap. You can get so much more on craigslist or ebay. (except for maybe the Thunderbolt lol).

    • Josh Groff

      Still with the thunderbolt, just bought one on Swappa for $125. Lowest other one is 185, and on eBay, the lowest is 130-150.

  • http://www.facebook.com/people/Joe-Buck/100003482949493 Joe Buck

    wonder how much for my nexus

  • RexRyan

    232 for Droid 4, im almost tempted i only payed $49 for it, and i dont use the keyboard as much as i thought i would have, i can get a htc rezound or razr

    • Josh Groff

       List it on Swappa for 300.

  • http://www.facebook.com/jwiseman918 Jeff Wiseman

    Back in December when I got my Nexus I did the trade-ins at the store and got an instant credit that was applied toward the purchase of my new phone. Got $45 for my Droid X and $36 for my Storm 2.

  • 8lifegrande

    $7 for my Droid….what a joke! Seriously $7? Maybe if I melt it down I could get more? 

    • CORYK333

      You could try…..then after sitting in the fire for a few minutes, the OG would get up, piss on the fire & proceed to smack you with its keyboard for actually trying to destroy it ;)
      -All kidding aside……totally agree, $7 is a fckin joke. Give SWAPPA.c0m a try, dope site & its safe. Not saying your gonna get a hell of alot more, but its worth a shot.

      • Josh Groff

         With a value of under $100, eBay is probably better.

  • http://profiles.google.com/elyesq Ely W. Sluder

    My OG Droid with broken glass will get me a whopping $2.45!

  • Paul

    They always show flip phones in the ads, but I called one time and they offered me nothing for a few newer feature phones. I expected to get around $7.00 or something along those lines, but seeing how they only offer $7.00 for the OG Droid I guess I was dreaming. Whatever, not like I’d ever call them again. And I think it’s funny the RAZR goes for more than the MAXX. More battery means it’s worth less?

  • http://twitter.com/EverPresentEric Eric Harris

    OG Droid. 7.00 Yippe

    • http://profiles.google.com/thelolotov Jacob Davis

      I’ll give you triple that!

  • http://twitter.com/Beer_Man_Mike Michael Bassett

    Haha as if we needed any more “proof” Verizon hates the Droid Bionic and we are the red headed step child of their “flag-ship” line up.

    -It uses the old Bionic picture
    -$85

    Can’t wait till my company moves to the iPhone 5.

    • Bodhiballer

      How do you think Thunderbolt owners feel? :trollface:

  • MikeD

    And the “image” of the HTC Thunderbolt is tagged Droid Life.  Nice work Verizon!

    • Aardvark99

      Wonder what POS web development company this was outsourced to?

    • Mack

      I think I remember seeing something like this no ling after the thunderbolt came out. All I can say is go Droid-Life.

  • Cwkulp

    On Friday, I got $34 for my Droid X (the first one). It was the same price as Gazelle was offering if I had all the cables. Verizon just wanted the phone. I used the money on an extended battery (which was on sale for $25). I probably could have made more on eBay but it was convenient.  I traded up for the Galaxy Nexus.

    • will bartlett

      i just sold my DX 2 weeks ago for like $75

    • http://twitter.com/masroorhussain Masroor Hussain

      you should got like 100$ easily on ebay

  • http://twitter.com/MastaMarc Marc C.

    hmm iphone 4s 16gb on verizon gets you $272    lol.  Im confused.

    • Josh Groff

      I’d rather lock into a 2 year extension with a GN off of wirefly and sell it for 500 on Swappa. Pretty nice profit.

  • Bodhiballer

    smh…

  • FortitudineVincimus

    Craigslist beats this all day long. Your an a-hole if you pay to ship and use one of these stupid services to get a fraction of what selling on your own can get you.

    • Kyle Fullmer

      Swappa.com  forget craigslist.

      • CORYK333

        Second vote for Swappa. Been preaching it for a while now. Its safer & geared towards the Android community. IMHO, those cats dont get the recognition they deserve for that site. Sites like this & AC/AP/A&Me/etc should be promoting it like crazy, the serial flashers & device addicts would love it.

        • Josh Groff

          First week on Swappa, sold a G2X and bought a Thunderbolt, going on Verizon with no contract restrictions. For the price I paid for the thunderbolt, I can sell it for a profit when I have the cash to upgrade. :)

    • http://quiklives.tumblr.com quiklives

      Craigslist’s usefulness depends entirely on where you live, though. A small enough town, especially in a relatively rural area, isn’t going to be a good place to sell electronics on craigslist.

  • bobo

    Droid Incredible, y u no worth anything? ($31)

  • http://twitter.com/iBolski Ivan Samuelson

    $7 for the LG Vortex. $50 for the Droid X2. What a joke. I just bought the X2 back in September for $199.99. 

    • Josh Groff

       Better to sell through other means, Verizon won’t be locking me into a contract for awhile, better to get half the phones on eBay without a contract…

    • thislandisyourland

      It’s worse than that;  you paid 200 bucks for a phone on contract. The retail value was probably upwards of half a grand. 

      • Josh Groff

         Hence why I love Swappa. :)

    • Noyfb

      $24 for the original droid in perfect working condition. Yeah right, I’ll just ebay it.

  • kingsfan33

    damn og = $7

    • Josh Groff

       I’ll give you 10 ;)

  • Josh Groff

    70 for a Thunderbolt and 80 for an Evo 3D. Pretty funny, can get much more on Swappa…

  • http://twitter.com/Chasemanhattan3 Chase Chick

    7 bucks?  It would take at least that much to ship the damn thing.  Are they high?  I really want to know what kind of drugs and how much.

    • Josh Groff

       they should appraise from retail value and not on contract value. Thunderbolt sells for 70, lol.

  • http://profiles.google.com/amgala Amar Gala

    My OG Droid is worth a whopping………$7!

  • sc0rch3d

    $0 for my Pre2 and $7 for my OG Droid….no spank you

    $180 for my Nexus – pretty good if i didn’t like it

  • http://profiles.google.com/tdrussell1 Trent Russell

    LOOOOOL they obviously are trying very hard to prevent people with new devices from using this.