Verizon Two Year Contract Upgrade: Everything You Need to Know

If you`re a Verizon customer, you may be interested in upgrading your device through a two-year contract. But what exactly does this entail? Here`s everything you need to know about upgrading your device through a Verizon two-year contract.

What is a Verizon Two-Year Contract Upgrade?

A two-year contract upgrade with Verizon is a way for customers to purchase a new device at a discounted price. By committing to a two-year contract with Verizon, customers can receive a discounted price on their device upfront. However, this also means that customers are locked into the contract for the next two years.

How Does a Verizon Two-Year Contract Upgrade Work?

The process of upgrading through a two-year contract with Verizon is fairly simple. First, customers must be eligible for an upgrade, which typically happens at the end of their current contract or when they`ve paid off their current device in full. Once eligible, customers can either visit a Verizon store or order a new device online.

During the checkout process, customers will have the option to choose a two-year contract and receive a discounted price on the device. However, it`s important to note that this will also initiate a new two-year contract with Verizon.

What Are the Benefits of a Verizon Two-Year Contract Upgrade?

The main benefit of a Verizon two-year contract upgrade is the discounted price on a new device. This can be especially helpful for customers who want to upgrade to a newer or more expensive device but may not have the funds to pay for it upfront.

Additionally, a two-year contract upgrade can also be a good option for customers who don`t want to pay for their device outright and prefer to spread the cost out over a longer period of time.

What Are the Disadvantages of a Verizon Two-Year Contract Upgrade?

While a two-year contract upgrade can be beneficial, there are also some disadvantages to consider. The biggest disadvantage is that customers are locked into a contract for the next two years, meaning they cannot switch carriers or upgrade their device until the contract is up without incurring additional fees.

Additionally, customers may end up paying more in the long run with a two-year contract upgrade due to the higher monthly payments required to pay off the device over a longer period of time.

Final Thoughts

A Verizon two-year contract upgrade can be a good option for customers who want to upgrade their device while also receiving a discounted price. However, it`s important to weigh the advantages and disadvantages before committing to a new contract. Customers should also consider alternative options such as purchasing a device outright or switching to a different carrier.