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Verizon Edge is Now Live – Most Top Tier Phones Start at $25.22 Per Month

Screen Shot 2013-08-26 at 8.51.52 AM

Shortly after T-Mobile (JUMP!) and AT&T (Next) revealed new upgrade-often, monthly payment plans, Verizon joined the party with Edge. We’ve already compared all three, essentially coming to the conclusion that the options from AT&T and Verizon are nothing short of rip-offs that double charge you for the same device, while T-Mobile’s is at least a somewhat fair choice. But no matter what we think, Edge (which is now live) is an option for those who want to upgrade often and also do not want to have to pay an upfront down payment. Edge will allow customers in good standing the chance to get a phone at a relatively low monthly price and zero down, other than the activation fee and first month’s payment. 

Along with the go-live of Verizon Edge, we’re also expecting a special to rollout to unlimited data customers called Verizon Max. Max is an option that would allow unlimited customers a chance to join the Edge program, while still maintaining a sizable allotment of monthly data. We’re talking package deals that start at 6GB of data for $30, an amount that would run a Share Everything customer at least $80. The deal is not being advertised on Verizon’s site at this time, so we’re assuming it’ll only be presented to customers with unlimited data. (Update: It’s live.)

So with Edge now live, we thought we should point out at least a few of the important pieces of it. We knew most of it previously, but now with the official FAQ live, we know it all.

NOTE:  To be clear, since there seems to be confusion – you cannot keep unlimited data and participate in Edge. Verizon has introduced Verizon Max as the option for unlimited data users who want to go the monthly payment and early upgrade route. We have gone back to clarify that in previous posts on Edge.

Here are some of the most important FAQ to be aware of:

1.  What are the benefits of Verizon Edge?

With Verizon Edge, you can:

  • Purchase a new phone with a low monthly payment
  • Enjoy the latest technology available by upgrading your phone more frequently
  • Sign a month-to-month agreement instead of a long-term contract
  • Upgrade without additional fees or finance charges

2.  Who is eligible for Verizon Edge?

To be eligible for Verizon Edge, existing customers must meet the following requirements:

  • Six months of good payment history
  • Eligible for an upgrade

Customers with accounts less than six months will need to go through an internal e-credit check.

To be eligible for Verizon Edge, new customers must pass a credit check.

Prepaid accounts aren’t currently eligible for Verizon Edge.

3.  Can I add insurance to a Verizon Edge phone?

Yes. You can purchase insurance and are encouraged to do so to protect against loss or damage.

4.  Is there an activation fee for new customers who sign up for Verizon Edge?

Yes. The activation fee policy applies to all new customers, even those signing up for Verizon Edge.

5.  Does the Verizon Edge program require a contract?

Yes, you must have a service agreement at the time you enter your 24-month Verizon Edge Agreement. However, a long-term service agreement isn’t required.

6.  Can I pay more than my scheduled monthly Verizon Edge installment?

No, unless you are either seeking to Edge Up to a new device, which requires that you pay at least 50% of the device following the initial six months of the Verizon Edge Agreement, or you are seeking to pay off 100% of your Verizon Edge installment agreement, which you may do at any time.

7.  What is the Edge Up option under Verizon Edge?

The Edge Up option allows you to turn in your existing Edge phone and upgrade to a new one without an upgrade fee. You must meet the other Edge Up eligibility requirements in the Verizon Edge Agreement to use this option.

Here are some of the prices you’ll pay for top tier phones:

  • DROID MAXX – $27.15 per month ($299 on-contract)
  • HTC One – $25.22 per month ($199 on-contract)
  • DROID ULTRA – $25.22 per month ($199 on-contract)
  • Galaxy S4 – $25.22 per month ($199 on-contract)
  • DROID Mini – $18.97 per month ($99 on-contract)

Via:  Verizon

Cheers Todd!

  • randpost

    So with Verizon EDGE, at 6 months after getting the Note 3 with the EDGE program on release day I will have paid $174.96 with the $29.16 monthly fee. To be able to upgrade at the 6 month mark I must have 50% of the retail price of the phone paid for(price at contract date) which is $350.00. So a new phone will cost me 175.04. So for renting a phone for 6 months I am paying $350.00 and renewing my 2 year contract every 6 months. My god that sounds horrible.

  • Ben

    this is slightly better than I thought, because I had assumed that it was $199 down AND $25-ish a month. That it’s only one or the other is a little less turd-ish of VZW, though still no way I’d jump on it.

  • AHoL2206

    here is what worries me, what if i do not get this “promotional” verizon MAX deal with the 6gb option and then i am forced out of unlimited at a later time and thrown into a 2 or 4gb plan. i use about 4.5gb per month, so i am leaning towards going with the 6gb option with my upgrade – staying away from edge i think though

  • nini

    tinyurl.com/lr69xbu

    vv

  • Dominick White

    I was looking about the edge program on verizon , and it showing that the htc one is on 4.2

    • Character0

      Yep, 4.2.2.

      • Dominick White

        So is Verizon htc one the only one running 4.2.2?

        • Character0

          I think the international One might have 4.2.2. But 4.3 is coming soon so all the Ones should be on 4.3 by the end of the year (my speculation).

  • Character0

    This still seems like a decent deal to me. You get to make interest free payments on the phone. Lets look at the 12 month mark where you have paid 50% of the phone. At that point you can turn the phone in for 50% value ($300 on a $600 phone). So why not look at Swappa or ebay or whatever at that time. If the phone is going for, say, $400. Pay the $300 yo owe, Edge Up, sell the phone and pocket $100? If it is going for less than $300, then Verizon is losing. It seems you can see the market when you want to Edge Up and make a decision to take Verizon’s deal or pay it off and sell it yourself.

  • MK17

    Cost break down

    *W/ VZW Edge….*
    Newest VZW phone for 12 months = 12*25.22= 302.64
    Get new phone and keep for rest of contract = 302.64
    …after 2 years = $605.28 (+302.64 to pay off your remaining balance)
    Sell phone after paying it off (-$300)
    Total 2 year cost = $607.92

    *Normal 2 year agreement*
    Newest VZW Phone = 300.00
    Get tired of phone after 1 year and Sell = (-$300)
    Buy new phone off contract $649.99
    …after 2 years = 649.99
    Sell off contract phone = (-$300)
    Total 2 year cost = 349.99

    At any point in the edge contract you have to have paid up 50% (302.64) so most would stay on a 1 year upgrade cycle in order to not pay any additional fee. On a 1 year cycle you would be better off buying off contract phones and selling your previous one. I don’t see how this is ever a good idea, except for people who don’t understand math and think paying a little over a long time is better than more up front.

    • MrCrusha

      Totally agree with you here and this is exactly what I do…. sell phone and get money towards new phone. The only thing that would make this idea enticing is the fact that they are giving you the option to jump on it with 6GB for $30. This is most likely better than the options that will be around when they finally decide to cut off the unlimited data option and force you into some crap data plan. I know most are talking about leaving Verizon if this happens and it has also crossed my mind as well. The only thing I have a problem with is that the other carriers don’t even come close to the service connectivity of Verizon and Verizon knows it.

      • Character0

        Seems like that is the gamble. If Verizon really wanted to twist the knife they would have come out an said that 6GB for $30 was the best deal you would ever get.

    • Character0

      I think this applies to most phones. I haven’t looked at thew data but I assume most will retain at least 50% value. But look in the case of the DNA. Right now, the phone is 9 months old and you can barely sell it for $300 on Swappa. In 3 more months I doubt you could recover 50% of its value. On Edge it would be a deal since Verizon is going to in effect give you 50% of its value when you turn it in.

    • Crf450r420

      I was thinking the same thing. Also wonder how this works for them? The only thing I don’t know is what the value of the phone you have to return to them when you upgrade. Other than that you will be paying just about the same for the phone as before. The only difference is they don’t get me to sign a contract forcing me to stay with them another year and they get the old phone back. So, it actually sound like a bad plan for both the customer and Verizon. I would rather be able to upgrade every year like before and I’d think they would rather ensure another year of my business.

  • FknTwizted

    What kills me is that you all are looking at this wrong… 2 ways to fix this to make it a non issue… buy it with a credit card (full price) and pay it off in x months, or save the $x in a account and use that to buy your next phone which is no interest. The equation i use is pretty simple with these formats sell old phone + money saved = new phone which = new phone + unlimited old plan = happy guy that doesn’t have to whore himself out for wifi.

  • Malcolm Love

    I think I might actually do this. So from what I get from this, as long as I upgrade at 12 months, keep the phone in decent trade in condition (whatever Verizon considers decent anyway) I can essentially lock in a pretty nice 6GB cap as I have never even used over 5 GBs. The only thing is basically once you start this, you’re locked into Verizon forever in a sense, until you basically go all the way to 24 months or cancel service and end up paying the rest on the spot. So I pretty much want to (almost have to) upgrade every year to make it worthwhile. Honestly, I’m one of those that drool over a phone after a year, sometimes quicker, so this sounds like a plan to me.

  • yummy

    Thankfully, I have other designs
    post contract. This constitutes
    dangling me over a shark tank as
    some kind of demented incentive
    to stay. I am practicing my David
    Spade “Ba bye!”

  • walkingonwires

    See…most of you don’t even need unlimited data! You’re entitled to it? Get over it.

    • King Lo

      Can’t put a price on piece of mind. I only use about 2-3 gigs a months but every once in a while it’ll spike up to 5 or 6. I don’t worry about those spikes because I have unlimited data.

      Verizon wants me to have a data caps so that when I spike they get to charge me extra. Ain’t nobody got time fo’ that.

  • itsacardigan

    sucks that you have to be upgrade eligible….Why couldn’t you just go in and get a new phone and start paying monthly payments? Why does it have to be an upgrade.

    • dgarra

      If somebody setup a company that sold Vendor-specific phones without the subsidy, with no contract, took a monthly payment (lets say $30), etc; they could make some pretty good money, if they played their cards right.

      • wheineman

        Not for Verizon, ATT, or Sprint. There is only one plan option for data, and it includes the subsidy. If you bring your own unlocked phone, you pay that price. If you get a new phone, you get the option to buy a phone at a subsidized cost. Basically, you would be stupid to not take the subsidized phone and either use it or sell it, because you are paying for it whether you take it or not.

        TMO is different though. If you bring a device, you can pay less each month because they don’t continue to charge you the subsidy.

        • dgarra

          That response made no sense with regards to what I was saying (and those of us that want Edge without signing a 2 year contract want it so we don’t lose Unlimited or are currently in a 2 year contract) but I also know what you’re talking with regards to T-mobile.

          When you’re as bad as Sprint, and T-mobile is, you occasionally have to be the cheapest.

  • dgarra

    I’d play if they offered it without that Max plan crap. Though I’d be paying almost exactly the same til the phone got paid off ($30 for 6gb + $40 smartphone fee = $70 + $25 for the phone = $95 + taxes = about what I’m at now with unlimited.)

  • sk3litor

    So its either (subsidy)+(monthly plan) or (monthly plan)+(monthly phone) which you can then upgrade after 50% of phone is payed off. But you have to turn the phone in. So its basically like leasing the phone. It may seem cheaper but after 2 years you dont own anything so you never get a chance to recoup any money spent.

    • Big_EZ

      After 2 years it’s paid off and you own it. If you pay it off before 2 years you then own the phone. You only have to turn it in if you have 50% paid and want to use to program to upgrade again.

      • sk3litor

        But the first two options you describe dont make sense cuz you’re essentialy paying full price for a phone you could have just payed a one time subsidized price for. The whole point is to upgrade often.

        • Big_EZ

          Yes, but you said you don’t own it after two years. I simply pointed out that you do, in fact, own it after 2 years if you didn’t upgrade.

          • sk3litor

            Oh, right. :) I kind of thought that was a given though. They should’ve just had it where you can upgrade every six months turning in the phone every time. But at the end od the 24 months you keep the last phone you have

          • Big_EZ

            Well, what they are trying to do is lock you into a 2 year contract, and make it sound like you are “free” from a contract at the same time. Basically your stuck with them until you pay off the devicee, 2 years or pay off (think early termination fee). Or you can get a new phone which resets your phone payment (similar to a new 2 year contract). In the end the standard 2 year contract and the edge program are very similar in price, but with edge you can upgrade sooner, which would cost more based on how many devices you buy.

            Edit. I didn’t read your last sentence. They won’t do that because each new phone is like extending your “contract” and that’s why they allow you to upgrade early.

          • sk3litor

            Right. Filthy animals. I don’t mind paying a little extra for piece of mind (excellent coverage and fast data speeds) but there should be some incentive programs or benifits for loyal long term customers. I wish google would become a carrier. Could you imagine buying an unlocked nexus for $350 and putting it on google lte. Ha ha put these carriers in thier place.

    • Adam Emshwiller

      that’s exactly the right comparison. Just like leasing a car…

  • Chippah

    Anyone have any ideas on how I can upgrade and keep my unlimited data?

    Gnex 1 – Upgrade available.
    Gnex 2 – Upgrade available in Feb. <- (was extended after new ne2 went away)
    Basic phone – month to month upgrade available.

    • Big_EZ

      Transfer the upgrades to the basic phone line, upgrade, then get a sim for the GNex 1 line. Repeat with GNex 2 line.

      • Chippah

        actually, that sounds like a great plan!,
        thanks boss

      • Bryan

        I just did that this weekend in Costco. They took care of everything right there. Walked out with a new S4 for my wife and both still have unlimited data.

  • Ron Perlman’s Jaw

    So how can this work for me with the Verizon Max plan? I have 2 lines with unlimited data, but we can easily get by with the $30 for 6gb plans. In order to sign up with the Max plan, you have to sign an Edge contract. I’m not ready for a new phone yet even though both are eligible (bought our last phones at retail so we didn’t lose unlimited). If I sign up for Max and Edge, do I have to utilize the Edge upgrade right away? Nothing is piquing my interest in the current phone lineup right now.

  • Scott Tilney

    Do what I do if you have unlimited data.
    Pay for your new phone a full retail. Sell your old phone on ebay. In the end, you will have paid the same as the Verizon upgrade price, and kept your unlimited data.
    I paid $650 for my GS4. Sold my GS3 for $400 on ebay.

    • capecodcarl

      I doubt I can get more than $150 for my HTC Rezound.

      • abrego47

        i sold my rezound for that price on ebay and it sold 4 months ago

      • Scott Tilney

        No, that phone is old, and wasn’t a flagship device. But if you always get top of the line phones, such as the galaxy S line, then you will have a high resell value if its about a year old.

  • Detonation

    This actually isn’t that bad of a deal if you upgrade phones every 12 months. Say you want the HTC One. In 12 months, you’ll have spent $302.64 on payments and can then trade it in for a new phone. If you had bought it full retail ($600) you’d have to sell it for $300 (or more due to fees/shipping) in order to have the same out of pocket cost. Looking at Swappa history, devices that are a year old sell for $300-350. So you’ll probably come out on top a little buying full retail/selling, but is that little extra worth the time and effort of having to sell it, not to mention being out $600 right away rather than $25/mo.

    Obviously if you have unlimited data and don’t want to switch to 6GB then this isn’t as appealing, but if unlimited isn’t a factor this isn’t such a ripoff like people are saying.

    • Character0

      My thoughts also. Wish they would have gone to 8GB for $30. I get close to 6GB over the last few months, not over but close. I would rather have some breathing room.

  • SomeDooD123

    Flap this crap

  • NAM37

    If they removed the device subsidy from the standard fee I’d be all over this…

  • Wolfpack93

    Despite the former explanations, I’m not seeing the reason for all the hatred.

    Using Droid MAXX as an example, you can either pay $299 up front and be locked in for two years or pay $27.15/month. With the latter, after 1 year, you’ve paid half the cost of the phone ($25 more than the contract price) and can get another new phone instead of waiting another 12 months to upgrade. Either way you pay the “built in” subsidy. If you currently have unlimited data (like me), you will potentially have the option to switch to Verizon Max ($30 for 6 GB) versus Share Everything’s $80 for the same, which is fantastic for all but the top 2-3% of unlimited users that are d/ling more than 6 GB per month (I average 2.5 GB over a 12 month period). The other alternatives are to keep the phone you have (outdated specs and still paying the “built in” subsidy) or purchasing off-contract (which can be quite costly, plus you still pay the same “built in” subsidy).

    Seems to me that if you are committed to Verizon (i.e. for coverage), you could do a lot worse than EDGE. If you average more than 6 GB per month and intend to keep your phone for 2+ years, go with off contract pricing or a used phone and accept that you are paying a subsidy in your monthly bill. But if you are like me an use less than 6 GB per month and salivate over new phones when you are only 8 months into your contract, then EDGE seems like a decent alternative.

    • n900mixalot

      It isn’t a big deal, you’re just helping them realize the profit they want, which you’d end up paying at some point later on, and you’re able to get a new phone. It seriously is no big deal. If people can’t afford it, and it is by no means THAT cheap, then they can just bypass it. But it’s a win win if you can afford it. It’s cheaper and safer than buying a whole new phone from Craigslist or wherever.

    • NexusPhan69

      The difference is after 12 months of payments you have to give the phone back to Verizon and they get to sell it and make money off of it. That is what really bothers me.
      I’d much rather be off contract, pay $300 for a Nexus 4, use it for a year and sell it for $150 and buy the Nexus 5. That’s my edge upgrade plan. Feel free to join, I don’t charge.

      • Wolfpack93

        Me too, but that’s not an option on Verizon. Since I am not ready to give up the coverage (like so many others), I need an option that works in reality rather than utopia. ;-)

        • NexusPhan69

          80% of people living in the US live in metropolitan areas which are all completely blanketed in low-cost carriers. That is the reality. I can safely safe for most people, they would not even notice a difference between T-Mobile and Verizon service. But you never know until you try for yourself.

        • Mark

          There is a plan that works in realty. Its buy your own phone at retail. Sell whenever you want, and then split the difference. Verizon is doing the same thing as if you bought your own phone at retail, except they control what you do with it (i.e. have to wait 12 months). So its either pay $600 upfront and own your phone, or pay $25 per month for 12 months and have Verizon control when you upgrade.

      • http://twitter.com/geoff5093 Geoff Johnson

        Think of it this way though. You use the EDGE program for the idea that you want to upgrade phones every year, so you buy the MAXX for $27/mo. which is $324 a year. After a year you switch to the MAXX 2 or Note 3 for instance, now you just continue paying that monthly charge and spend $324 the next year.

        If you bought it at full retail, you pay $699 but get to sell it after a year. The difference in cost to you isn’t really that great, considering you would probably sell it for $350-$450 depending on the condition. So you’d spend $324/year using EDGE, or $350-$250/year buying full retail and then selling, but the obvious plus side to EDGE here is that you don’t have to worry about selling it, keeping it in pristine condition, and the burden of paying $700 up front.

        • NexusPhan69

          The point is you shouldn’t have to do either and you’re throwing away (a good portion of) the subsidy built in to your plan.

        • MK17

          but if you switch to a Note 3 on EDGE Verizon WILL make you pay the full amount even if you do not renew your contract after 2 years.

          When you upgrade at the 1 year mark you are renewing a 2 year, 24 month payment agreement.

          • http://twitter.com/geoff5093 Geoff Johnson

            From my understanding, you can upgrade at the 12 month mark only if you have paid for half of your device, at the 12 month mark you can then trade it in and get a new phone having only paid for half the device.

          • crf450r420

            You can upgrade after 6 months, but you have to pay off half of the phone (12 months of payments) before you can upgrade. It looks like they said you can’t pay double either, so you would have to pay a full 25% at the point of upgrade if you did it after 6 months.

    • KleenDroid

      Even if you don’t use more than 6 gig now I don’t think getting rid of unlimited is a good idea because you can never get it back. I never used much data at all until I bought 2 new S4s at full price and the first month we did 40 gig and the next month 24 gig. Data is the future and they know it.

      I think it would be much better to pay full price.

    • jose

      6gb for $30 is not a deal. We have something Verizon wants, unlimited data lines that gives them nightmares and we only pay $30 for it. In fact, some even pay less with our corporate discounts, mine is about $23. I would ALMOST consider making the switch, but only if they gave my 10gb for $30, plus my discount.

      I’ve gone up to 10b in a month before so that would be my bare minimum. If Verizon really wanted to entice us to switch they’d offer up more data.

      • Stevo

        They must be terrified of me then, cause after my Talk & Text Plus Data $20 Disc and corp discount, I pay about $7.59/line for data each month. :-D

    • MK17

      You do realize that if you were to upgrade at 1 year then decide to stop service with Verizon at year 2 you are still required to pay the other half of EDGE that you had not payed yet?

  • Boss As Hell

    Is “unlimited data” still showing up for people? It was there last night when I decided to get something to replace my wife’s Razr Maxx which isn’t even up until May of next year. Already got charge the first payment (27.15 plus sales tax). So basically my receipt still shows unlimited and I wasn’t near my contract end date.

  • Joshua P.

    I got my droid ultra maxx yesterday afternoon with this program. its 27~ a month, but I was forced to leave unlimited data for the 6gb @ $30 a month deal. There have been very few times I used that much data so I am not too worried. Plus since there is no contract I can always pay the phone off and jump ship to Tmobile if I don’t like it. the maxx seems to have bands 4/13 LTE and quad band UMTS so I might even be able to get LTE over there as well?

    • Joshua P.

      BTW this phone is incredible.

  • Shadowstare

    So Verizon bills you for service every month. In that bill is a built-in subsidy. With Edge,the customer is paying that built-in subsidy (because that’s how EVERY cell phone carrier bills customers) & and second subsidy for the actual phone itself. Do I have this right? Because if I am, this sounds like crap.

    • n900mixalot

      Here’s the thing, when you buy a car or a house, your first payments are almost always 100% interest. If you pay anything additional, on top of your payments, you are supposed to identify that as a payment toward principal (or the actual cost of the house or car). Edge is basically that amount you’re paying toward principal, on top of the scheduled (or built-in or subsidy) payment you’re making–which goes toward “interest”. Interest = the lender’s profit. It goes into their pockets.

  • AHoL2206

    who all has experience with the transferring of an upgrade? i would like to do this to get either a Moto X or Droid Maxx and stay with my unlimited for a while. then maybe buy into this edge deal or something else…..any thoughts? would like opinions on upgrade and phones if u got em

    • Bryan

      I just did this over the weekend at Costco to get my wife an S4 and still have us keep our unlimited 4G data at $10 a month (older grandfathered plan).
      We have two smartphones (both Razr Maxx), each with unlimited data and then two basic phones for our sons (no data). My line was up for an upgrade so we transferred the upgrade to one of my sons’ phones (didn’t matter which) and upgraded that to an S4. They then immediately transferred that phone over to my wife’s line.
      The contract date on my line got extended two years and everyone elses line stayed the same. I checked online and nothing changed on any of our plans. Costco was also selling the S4 for $179 including their accessory pack (silicon case, extra charger, screen protector, etc.) so all in all, it was a good deal.
      Now I just need the Moto X to be released on Verizon so I can see the price and figure out what I want to do for my phone.

  • Ethan

    I think you guys are also forgetting one important part of the EDGE plan.. The verizon website states… “The initial 6-month grace period only applies to your first upgrade, after which it can be traded in anytime for a new one.” So after you wait 6 months and pay off 50% of one phone..after that you can upgrade as often as you would like…

  • Steve

    To be honest this is no different than paying contract price in the beginning…except now you can upgrade more frequently. It is all about having the option to upgrade phones through the carrier that otherwise didn’t exist before. Think about it…what is any different about this then upgrading on contract. For example..the maxx….$300 contract price, so you pay $300 and you have it for two years and upgrade. If you pay monthly with edge, after about a year you pay around $300, and now you can upgrade sooner. That is the benefit. Yes in the end you have to end up trading the phone in instead of keeping it (maybe the only disadvantage to edge if you don’t pay it off)….but how many people have any need/use for their phone after a two year contract agreement is up anyway. At that point they are all out of date and old anyway. All of mine are just in a drawer…untouched. Just my opinion.

    • litobirdy

      some phones hold their resell value really well like nexus phones

      • Steve

        I agree with that….but it’s all about the convenience of it all. You don’t have to worry about selling it after and all that. Like leasing a car. I guess it’s preference for everyone. I can see why Edge may be slightly more expensive if you factor in selling the phone after but convenience is never cheaper….walgreens, ace hardware…as opposed to walmart, home depot lol

  • Jonathan Berry

    You know, for the Maxx it’s actually not that bad a deal, if you trade it in after a year. You can pay $300 now and be locked in for 2 years or $27.15/mo for a year is $325.80 and you can trade it in. So for $25.80 extra, you could trade it in a year early. Of course, if you keep it, you’ll continue to pay another $325.80 over the second year.

    LOL at the Enact. $20 on contract or $14.65/mo. Really?

    • Character0

      Its actually a decent deal if you upgrade every 12 months. After 12 months how much is a phone worth on Swappa? Maybe 300-400 depending on the phone (and add in shipping). Or here you can just trade in and get a new one. Now trading in a 6 months is a little crazy for a $600 phone at 6 months you would have to pony up $150.

    • Joshua P.

      I went with the MAXX, great phone and I am assuming I can run it on Tmobile if I get sick of VZW

  • Character0

    What’s the fine print on the exchange? What condition does the phone have to be in? Can it have been rooted, bootloader unlocked??

  • wagner

    Is the Maxx cheaper per month then you would expect?
    What Retail prices is being used?

  • GregSki86

    Get raped paying for a bullsh*t phone. Even 24$ a month x 24 months = $600 —> f*ck you very much Verizon, how bout I can upgrade every year and make the phone cost $350, I’d love that

    • Character0

      Isn’t that basically what this is? For a $600 phone you get to upgrade very year for $300.

      • flosserelli

        Minus unlimited data, of course.

        • n900mixalot

          A lot of us don’t have unlimited data so …

          • flosserelli

            Oops, sorry. I was mixing up the Edge and Max plans (Max is aimed at unlimited data customers)

  • Tim242

    They better stay away from my unlimited data with that EDGE sh*t.

  • Lee Sandy

    Someone please print screen or scan me a copy of the line item on your bill where it says, “phone subsidy”…………….

    • Justtyn Hutcheson

      THANK YOU.

    • Tim242

      It’s built into the plans. They wouldn’t subsidize the phone otherwise.

      • Lee Sandy

        Ok. Which line item on our bills are they ‘lying’ on the bill and doing that? Like seriously, I’m trying to figure this reasoning out. How many ppl does VZW employ? Where does that money go to? I work on the VES side of the house and I can tell you that our margin (at least over here) is not all that profitable to VZ…

        • Tim242

          Line item? Are you serious? I have been in the business for 8 years, with two different carriers. Rate plans are structured for profit due to subsidy. It takes on average 18 months for a carrier to profit on you, due to subsidy.

          • Justtyn Hutcheson

            Hence why a contract last 24 months. But would the rates go down if they stopped offering subsidies? I highly doubt it, and that is exactly what we’re seeing with Edge and Next.
            Verizon said getting rid of subsidies was a great idea. I don’t recall them mentioning that doing so would lower their rates at all. And that, my good friend, is why you don’t “pay for the phone twice”.

            I would agree that if you have no intention of leaving Verizon in the next 2 years, and don’t have unlimited data to hold onto, you should be taking advantage of subsidies. But if its worth it to you to pay an extra ~$350 to not have a contract, I’m not going to call you an idiot.

          • Lee Sandy

            Yep. I want my unlimited data, kept it, and if I have to, I can pay off my device at any time and leave Verizon for a cheaper plan (IF I want to sacrifice quality of the network) This account is outside of any contract at the moment and there will be no ETF for us to leave VZW. Best part is we still get to take advantage of the subsidy in spite of that fact because we’re simply swapping the upgrades out and putting SIM cards in the shipped device. Not a bad deal in my opinion. My bill hasn’t changed except for $27/mo for EDGE and I’m A-OK with $27/mo. I’m not a cheapass.

          • Bryan

            You do realize that the ETF is about the same as you paying off the phone to leave early? The ETF is pro-rated so it really doesn’t change anything. Either way, if you want to leave early, you have to give Verizon the money they fronted you on the phone.

      • Justtyn Hutcheson

        They price the plans to cover their costs + whatever margin they want. Phone subsidies are a loss-leader to lock you into a 2-year service contract.

        However, if they ended subsidies tomorrow, their plan rates would remain the same. So, stating that they are “built in” is both blatantly obvious and completely irrelevant. Could they charge a lower rate without subsidies? Absolutely. Will they? Not until they have no other alternative, ala T-Mobile.

        • Jonathan Berry

          The point is, for the customer it is cheaper to pay a subsidized price and sign a contract (in most cases and not counting the fact that you are stuck for 2 years then). T-Mobile used to give you a break on your monthly bill if you brought your own device instead of buying a subsidized phone, back when they still sold subsidized phones.

        • Tim242

          That’s the point. The prices wouldn’t drop, and we’d be paying double. You are being charged the same, subsidy or not. So, since I paid $650 for my S4, they got full retail, plus I’m still paying the same amount as if they had subsidized the phone. What is so hard for you to understand about that?

          • Justtyn Hutcheson

            I understand the argument completely, I’m saying that the argument is completely illogical. It is equating “I didn’t get a discount on my device” to “I didn’t get a discount on my service”. They do not depend on each other whatsoever. If there is no dependency, then you cannot link one to the other. They must be considered separately. Regardless of what happens in Verizon’s books, or in their FCC/SEC filings, those are mere explanations to prove that they aren’t just giving away money to subsidies. Unless and until the cost of the device directly affects the cost of service (you admitted that even without subsidies *at all* the service cost would remain the same), you don’t pay extra for the device.

            A MUCH better way of viewing the situation is completely independent of service cost, since you are paying that anyway. If you agree to service for two years, Verizon is guaranteed to make a profit, so they give you a device discount. If you purchase a device at full-price, then you have no contract, and no guaranteed profit. It is absolutely acceptable in business to accept a lower profit overall per subscriber with device discounts than to have the much higher risk (and higher profits) from people not having contracts. It is the best example of risk/reward economics that I know, as it so happens.

            These new device plans are an effort to drastically increase profits while still keeping risk appreciably lower than flat asking people to pay full price upfront. Keep in mind, that even if they do abolish subsidies completely, their rates will be justified in some other fashion, either additional network maintenance, R&D initiatives, marketing, etc.

            T-Mobile has made subsidies a big bad wolf that eats baby seals and is the bane of all smartphone owners to cover up two important details: 1. they can’t compete on cost because their network does not have the same value as that of AT&T and Verizon; and 2. They couldn’t afford to give out subsidies anymore, and needed a way to convince people that they are getting a “raw deal” from other carriers by signing a two-year contract in exchange for a discount on their device. I have already stated that I think they played their hand perfectly, as shown by the fact that we are even having this discussion. Two years ago nobody in the US even considered buying off-contract because there was no “affordable” way to do so other than waiting and saving money, which is a rare trait in American “I want it now and will pay for it later” society. T-Mobile successfully linked subsidies to higher prices in the minds of consumers, even though the higher prices are just as dependent upon any number of other factors, including R&D, higher network maintenance, and, yes, increased profit margins.

  • Tim

    If you want to get a new phone every six months without dealing with CraigsList/Ebay to get rid of your old phones I think this is a decent deal. Sure you’ll be paying more and sure you can save quite a bit of money by doing this yourself, but I get a headache just thinking about trying deal with the hassle of unloading my old fones — I’d rather just pay Verizon more money for the convenience of EDGE. I’m sure I’m in the minority but that’s ok.

    • Lee Sandy

      Same here. Just got an HTC One with it yesterday.

    • MikeCiggy

      swappa.com

      • Justtyn Hutcheson

        Swappa is pretty simple, but there’s still no guarantee, and lots of people don’t like dealing with it. I see it as the same thing as paying someone to mow your lawn. There’s an initial small investment in equipment, but that is much much less than paying someone else to do it for you.

        • MikeCiggy

          Very good argument. It really just depends on how much your dollar is worth to you. Do you want to pay extra to have a new phone all the time or do you want to try trading/selling/buying online on your own time and potentially save a few hundred dollars a year. Same can be applied to your lawn mower scenario.

          • Justtyn Hutcheson

            Exactly. I understand that value-wise these new plans aren’t spectacular, but Verizon and AT&T are slowly but surely transitioning to removing subsidies, because if they dropped them suddenly without a price drop then their customers would eviscerate them. The slow build-up is kind of like removing unlimited data entirely, they are slowly getting more and more people off of it, and will eventually drop it when there are too few using it for the act of dropping it to severely affect their financials.

        • capecodcarl

          The problem with Swappa and eBay purchased phones is that I don’t think you can take them to Verizon for warranty service even if they’re less than a year old. Don’t you have to deal directly with the manufacturer (who probably doesn’t want to deal with you)? If you bought it through Verizon you could just take it back there and swap it out for a new phone until you get one that is satisfactory.

      • JoshGroff

        If you want to stay current, JUMP is a good plan, if you don’t mind being a few months behind, the used market is pretty darn good.

    • Character0

      Problem with trading at a 6 month mark, you have to pony up the remaining 1/4th of the price. At least at 12 months its a clean trade.

      • Tyler Durden

        You only have to pay 6 months then its a free upgrade and another 6 months on the new phone.

        • Character0

          Huh? The way I understand it (and lets assume $600 phones) is I get Phone1 and I start paying $25 a month. At 6 months I can pay $150, turn in Phone1, get Phone2 and keep paying $25 a month. 6 months later I can pay $150, turn in Phone2, get Phone3 and keep paying $25 a month.

          Or at 12 months I can not pay anything, turn in Phone1, get Phone2, and keep paying $25 a month.

          • Tyler Durden

            I don’t think you have to pay the full price of the phone. Only half. If not. Then I am mistaken and Verizon has failed big time.

          • Character0

            To “Edge Up” you have to pay 50% of the phone. After 6 months you have only paid 25%, at 12 months you have paid 50%. So at 6 -12 months you have to pony up the remaining balance to 50% before you can Edge Up.

  • Destroythanet

    So did they activate that Verizon Max plan to try to get unlimited customers to switch as well?

    • Lee Sandy

      Yep. And here’s a trick I took advantage of yesterday (only works for family plans): used an upgrade eligible line, put Edge on it with the Max plan (my sister’s line; she doesn’t use much data and I’ll pay the Edge portion of the bill), then we just put in my LTE sim card from my GNex into the new HTC One and I kept my unlimited data. Im still waiting for someone to show me where on their non-VZEdge bill they have a line item showing the payments for the phone subsidy…

      • Detonation

        You’ve been able to do this for a while. You can even do it with dumbphones (upgrade dumbphone and get subsized smart phone, cancel new data plan, move new smartphone to unlimited data line, put dumphone back on other line)

        • Lee Sandy

          I understand that. I used to do that too. But we’re getting to a point where three out of the five ppl on the plan want to upgrade at the same time and eventually the main line will have to use it’s own upgrade therefore changing the WHOLE plan to family share (which I will NOT do.) I decided to take the fall instead of the other two ppl with smartphones and have left the two users on basic phones the option to upgrade to a smartphone IF they want to. Plus I’ll be able to upgrade at any time after 6 months as long as I paid off 50% of the retail phone and I’m into the latest technology so this works well and is a win-win for everyone (yes, including Verizon but they’re a BUSINESS not a freaking charity.)

          • T4rd

            The main line doesn’t have to ever change plans if you want to upgrade its phone. You can transfer the line upgrade to another line, get the phone, then swap the SIM cards out. This is exactly what I did with my Note 2 8 months ago and keep my unlimited data. You have to upgrade through a Verizon store though since they’re the only ones that can transfer the upgrade. My store didn’t have an issue with it though and were actually the ones to suggest this to me so I can keep my unlimited data.

          • Lee Sandy

            Ultimately, it’s the upgradable option I want without jeopardizing my family’s ability to use an upgrade from another line. I know what you guys are talking about though. This is what I did to keep my unlimited data too. But I also wanted to opt into VZ Edge. Another less popular thing to say is that I didn’t have the money now to pay the full $200 for an upgrade (I could’ve done it through Target after trade-in’s for like $115 but I’m impatient and wanted my HTC One yesterday.)

          • Big_EZ

            Transfering the update doesn’t affect updates from other lines. I have transferred my upgrade from my main line to our dumb phone line, then upgraded the dumb phone line 8 months later. When you transfer the upgrade the line that originally had the upgrade gets the new 2 year contract, not the line it’s transferred to.

          • n900mixalot

            Oh, I did my upgrade transfer online … I can’t staaand going into Verizon stores because you never know what you’re going to get.

          • T4rd

            Wow, I didn’t know you could do it online. I will definitely do that if I can. Then you could get the phone through a 3rd party re-seller (Amazon, Best Buy, etc.) right?

          • n900mixalot

            It gets tricky when you try it that way.

            Amazon has an option to transfer to/from another line when you upgrade, and so does Best Buy, but it didn’t work for me.

            I dealt with Verizon directly from start to finish. Had the Note 2 in two days. We all got what we wanted, haha.

          • Big_EZ

            I’ve had 3rd party stores transfer the upgrade for me, unless they changed things since March.

          • Big_EZ

            The main line can be transferred, upgraded, then move the phone back to the main line.

        • NoBullFitness

          I been doing this and edge doesn’t make $$ sense To me

      • T4rd

        I did the same thing with a 3rd line on my account, except I didn’t use the Edge program. That’s how I upgraded to my Note 2 from the Gnex 8 months ago. I plan on doing the same thing here in a few months.

  • beaumac

    #1 says you can go month-to-month but #5 says you have to sign a 2 year agreement. Which is it?

    • Justtyn Hutcheson

      It is both. Your service agreement is tied to your Edge agreement. So, as long as you owe money on your device, you are required to have Verizon service as well. T-Mobile does the same thing with their device payment plans. When you pay off your device, you can cancel your service immediately. However, if you cancel your service, you owe the remainder of the device cost immediately.

      Basically, you aren’t allowed to pay off a device monthly without service attached to it.

      • beaumac

        Ah ok. That makes sense thanks. I just checked the trade in values on the phones and they are way low. It makes more sense to just buy the phone and not get tied up in this program. But if you want the low monthly payment, then I guess it makes sense.

  • MJZ

    The fact that you have to be eligible for an upgrade for the privilege of paying full retail for a new phone is ridiculous.

    • Big_EZ

      You have to honor your agreement. You could pay the etf if you wantt. You agreed to a 2 year contract for their subsidy.

    • http://twitter.com/geoff5093 Geoff Johnson

      I agree. If you just got an S4 last month and now want to switch to Edge, how would it hurt Verizon? You’d be paying the same base price for your monthly charge, the only difference is that you’d be paying $xx more per month for the new phone.

    • CMB80

      Maybe it’s me but if I was eligible for an upgrade, I would just pay the $200 and be done with it, rather then pay $750 in 24 months smh

  • Joe Cool

    I chatted with a rep today and the Max has been confirmed… they were offering me 6GB for $30 as a current unlimited customer. Can someone explain how we are being charged twice?
    I was in the store yesterday, say I buy a Moto X on EDGE… I pay for half of the price of the phone over a year’s time, and then when I go back and turn in my Moto X, the other half of the balance due for that phone is elminated. I get that there is no subsidy, but you don’t pay for the phone twice as they wipe away the other half of the balance once you use your next EDGE upgrade. Am I missing something here?

    • Tyler Durden

      You only pay half over 6 months then you upgrade. Can’t pay off and upgrade before that 6 months. Upgrade get Maxx. 6 months pay off half. Upgrade then do another 6 months and so on. At least from what I’m reading that’s what it means.

      • Justtyn Hutcheson

        Actually, if you pay it off, you can do whatever you want as you will have no other obligation as you fully own the device. You only need the 6 months + 50% if you want to “trade in” the device.

        • Tyler Durden

          Yes that’s what I said. You can fully pay it off but have to wait that 6 months

    • Justtyn Hutcheson

      People are attempting to argue that because you don’t pay less for service even though you pay full price for the device, you are “paying for a discount you didn’t get”. It is a completely nonsensical argument, but hey, people are going to blame higher plan rates on whatever they can, rather than just admitting they pay more for service and moving on.

      • Tim242

        Dude, phone subsidies are part of the plan price. I’ve been in the business for 8 years. I know how plans are structured. I can also tell you that it takes 18 months for the carrier to profit on you, due to the subsidy

        • n900mixalot

          If a carrier is selling the phone at 699, but bought it from the manufacturer for 350, the “subsidy” is just on the amount of profit they wanted to realize for the device, so … it’s not as though they are actually losing money, it’s that they are losing profit. They aren’t subsidizing the cost of the device, they are subsidizing the amount of profit they would have received.

      • Ian

        Defend the finance charge you have to pay each month…

        • n900mixalot

          The finance charge is meant to address the time-value of money. Everyone charges it for any sort of contract, period. If they don’t, they are … well, not that smart, or won’t be in business for very long.

          • Ian

            Except the other carriers.

          • n900mixalot

            They charge it. It’s likely called something else.

          • Justtyn Hutcheson

            Please, enlighten me on how AT&T, Sprint and US Cellular don’t factor losses from device subsidies into their plan rates.

          • Ian

            No one said they don’t.

  • Weber

    “latest technology” lol

    • sith77

      ONE WAS latest technology about 6 months ago …………….. sad

      • Ian

        4 months*

      • Justtyn Hutcheson

        It still is. There are no currently-released products that are higher-specced. Even once the LG G2 is released, the only major upgrade I can see between it and the One is the Snapdragon 800, which may or may not have a significant effect on usability (I’m leaning towards “no” on that one).

        • Tyler Durden

          Snapdragon 800 is significantly better. No bezel on the G2. 13mp OIS. So on.

  • Tyler Durden

    Wait activation fees and what not even with Edge? Oh so T-Mobile is better.

  • Rithvik Rao

    Which is worse: T-Mobile’s EDGE, or Verizon’s Edge?

    It really is a tough choice.

    • rabidhunter

      Verizon, first if you want insurance you have to pay extra. With TMo JUMP, the $10 a month you pay includes insurance. Second, Verizon doesn’t lower your bill if your device is paid off.

  • T4rd

    LOL no.

  • flosserelli

    Whoever came up with this marketing BS should go jump off the EDGE of a cliff.

    • ahhh yes

      NEXT choice is to JUMP off the EDGE?

      • flosserelli

        Ha, I see what you did there.

  • mikes

    Just another way to keep dumb poor consumers constantly in debt

  • they call me Rob

    So as a current month-to-month customer with unlimited data, I can retire my GNex and pick up an HTC One for $199 plus another $25.22 per month which allows me to upgrade my phone within 2 years at a subsidized price (subsidized by me apparently) and I can move from unlimited data to a 6GB tier for $30 (instead of $80) but it’s not shareable – its my data only.

    What does that mean for my wife’s iphone which is also on my plan? Will she be offered this tier if she upgrades to an iphone 5x? She’s also on unlimited.

    Paying $600 outright seems expensive but it also seems a lot less convoluted than entering this “agreement”.

    • C-Law

      No I don’t think you pay $199 for the one, you just pay the activation and $25 monthly fee

      • SuperTongue

        What this guy said. You pay the initial activation fee and $25 per month for the next 24 months or until you’re at 50% paid and want to upgrade.

        At that point, you turn in the device and get your new one.

      • they call me Rob

        so assuming I stick with the phone for 2 years, I would pay whatever my current calling plan is plus $35 to activate (once) and ~ $25 a month for 2 years. Once thats up I can keep using the phone, but am I then out of the Edge program? If so, does that mean I start paying $80 for the 6GB data tier since Edge is required for that promo?

        I know these are questions for VZW reps, I’m just tossing things out there.

    • Tyler Durden

      If she has an iPhone 5 she wont have an upgrade for another year.

      • they call me Rob

        she currently has a 4 and is way overdue for an upgrade – she wants to stick with Apple so I figured we would wait until the 5 refresh hits – allegedly next month.

    • Tim242

      You can’t keep unlimited data if you use EDGE.

      • Tyler Durden

        If I still had unlimited I’d take that 6gb for $30. I never go over 4 GB. No matter what try to do to get it over

        • Tim242

          Yeah, not good for me…see below

          • Tyler Durden

            How do you even use that much?

          • Tim242

            My normal usage is 14-20 GB per month. I just canceled my home WiFi. The added usage is Netflix via tether to my Smart TV. I figured if I have to pay Verizon $160 per month for phone and data plans and full price for two phones, might as well get my money’s worth.

          • Tyler Durden

            Makes sense. My WiFi at home is so cheap I use that all the time since its faster than my Verizon speeds.

      • they call me Rob

        understood, and honestly its rare that I blow over 4gb so 6 wouldn’t be terrible at that price, I just don’t want to get tied up in some more-is-less contract with VZW.

  • Tom Luley

    You will have to shoot me in the face before I hop off unlimited and join this crappy deal.

    • catherinethomas222

      Until I saw the draft for $8550, I didnt believe that…my… brothers friend could truly bringing home money part time from there labtop.. there uncle haz done this for only 11 months and as of now repayed the dept on their house and bourt a new Alfa Romeo. I went here, http://www.Bay35.com

      • Tyler Durden

        Down syndrome is a terrible desease. Feel bad for you

    • John E. Jablonski

      Same here….unless they completely kill the unlimited deal. That whole 6GB for $30 thing is looking kind of tempting. Just in case.

      • Wolfpack93

        I don’t believe they can force grandfathered users to drop their plans like that. Of course, $30 for 6 GB would still be plenty of data for me and save me $10 a month.

        • halon

          Just because some of us are grandfathered doesn’t mean they can’t get rid of it. When VoLte comes out they could easily say that those on unlimited will have to get on some sort of tiered plan if you want VoLte

        • John E. Jablonski

          Looking at my history, I use between 2.5 and 4.5GB of data a month. Most of that comes from streaming via Google Music. Which I tend to use a lot of during the winter months when I’m forced to drive a cage. So 6GB would still cover me. Wife is around 2.5GB max, so no problems there either.

    • shirleydarling88

      $85 an
      hour! Seriously I don’t know why more people haven’t tried this, I work two
      shifts, 2 hours in the day and 2 in the evening…And whats awesome is Im
      working from home so I get more time with my kids. Heres where I
      went,www.Pro67.ℂom

  • Justtyn Hutcheson

    Even JUMP! is questionable at best, as it is possible that you may be able to sell the phone for more than what you owe.

    IMO, these “upgrade plans” are all rip-offs. Remember, no company on the planet does anything unless it will make them more money in the end, and that money has to come from somewhere. The easiest place to get it is consumers.

    If you are going to pay full price for a device, never ever do it though a carrier. It only encourages them to be something other than a data pipe and compete with their service costs rather than device or feature exclusivity.

    • tomn1ce

      That’s what I’m planning on doing when I get my next device at full price. At least vzw won’t be making any $$$ on the purchase of my next phone and will drop their insurance as well.

      • Justtyn Hutcheson

        I will probably keep their insurance. $96/yr isn’t half bad. I haven’t shopped around though, so we’ll see when I get my Moto X dev edition (be it on Verizon or T-Mobile, I haven’t decided).

        • tomn1ce

          You should check ensquared.com and squaretrade.com…may be they have better prices…

          • Justtyn Hutcheson

            Thank for the sites, I’ll definitely look them up. I saw the price increase to $9, so I’ll definitely keep that in mind. Cheers!

  • SmokeNMirrors

    FYI: You also must be on a share-everything plan. This doesn’t fly for unlimited data contracts. Unless you get a new phone every 6-months, you’re better off with a standard subsidy.

  • Alexander H

    Wonderful, Verizon is charging activation fees for Edge as well…ie add $35 to each new phone too. More expensive every new iteration..

    • Justin W

      Not every new phone, just when you start your wireless agreement

      • Tim242

        Upgrade fee still applies.

        • Guest

          After six months, if you’ve paid for at least 50% of the phone, you’ll have the option to Edge Up to a new one without any upgrade fees

        • Justin W

          Upgrade, not activation. He specifically mentions charging activation fees.

  • mog386

    Ok, I have not been keeping up with this whole ‘Edge’ program development. This is different than the Device Payment Plan, right?

    • Alexander H

      It’s device payment plan on top of monthly “contract” price, but after so long you get to give the device back to Verizon and start a new device and continue with that device’s payment plan, without finishing payments on current phone. It’s basically T-Mobile’s JUMP, but device payments are on top of the plan that already includes the subsidy you aren’t using and the phone is never yours since you can’t sell it if you switch phones.

      • Justtyn Hutcheson

        You can always pay off the balance, just like T-Mobile.

        And please don’t get into the “paying twice because you aren’t using a subsidy”. If they stopped allowing subsidies tomorrow they wouldn’t drop their prices, so the argument that it “includes a subsidy” is complete hogwash. They state that they include losses dues to subsidies in their plan pricing and financial filings because it is a significant loss, and if they didn’t justify that loss to their investors they would be in hot water. If they didn’t calculate their plan prices to make up for all of their costs and still post a hefty profit, they would be a failure as a business.

        T-Mobile made a big hooplah about reducing their rates and removing subsidies because they had to compete on cost, and needed a scapegoat to justify charging full-price for devices. Was it a good move? Absolutely. Does it matter in the slightest to Verizon or AT&T? Not until it starts affecting their financial reports.

    • Justtyn Hutcheson

      Correct. The DPP is available to anyone, 12 payments vs. 24 for Edge, and has a $24 fee (adds $2/mo to the cost). If you want a new device now, are keeping unlimited, and can’t afford the whole cost up-front, it is an option.