In an apparent response to other carriers’ hot price deals for the iPhone 6s and iPhone 6s Plus, Verizon announced an iPhone upgrade plan that will allow customers to upgrade to the latest iPhone released every year. Verizon had been the only major carrier without a yearly upgrade plan.
The yearly upgrade option, which is automatically included in the carrier's 24-month Device Payment option, requires you to return your existing iPhone when the new one comes out and make month-to-month payments ($27.08 for the iPhone 6s, $31.24 for the 6s Plus). This means that you can avail yourself of next year’s iPhone 7 (or whatever name that Apple decides to call next year’s model) and be spared having to pay the full cost of the device, if you want to have the newest one every year. And you can upgrade after 6 months, if you pay half the cost of the phone. Previously, you’d need to pay off the full cost of your iPhone first before Verizon allowed you to upgrade to a new model.
Last week, both Sprint and T-Mobile announced their low-price deals for the iPhone 6s and 6s Plus. Sprint is offering the 16GB iPhone 6s for only $1 monthly (with trade in of your old iPhone 6 or 6 Plus ) and $5 for a 16GB iPhone 6s Plus (also with trading in an iPhone 6 or 6 Plus). Sprint also has offers for higher capacity models. T-Mobile has a similar offer: Trade in your old iPhone 6 or 6 Plus and pay $5 monthly for a new 16GB iPhone 6s. These offers are currently due to expire at the end of the year.
AT&T also offers a month-to-month plan called Next 12. The contract runs for 20 months with installments of $32.50 to own a 16GB iPhone 6s or you can trade in your phone after 12 months for the latest model.
For more low-price options, check out our tips on getting how to get the best price for an iPhone 6s. And keep in mind that because of high demand for the iPhone 6s and 6s Plus, shipping dates may be pushed back a bit, with ship dates weeks out.
[Image credit: Verizon, Apple]