Apple has made the heavily-anticipated iPhone 8 available for preorder, and Verizon's got it.
The successor to the iPhone 7 features some pretty slick features, including an ultra-fast A11 Bionic processor, wireless charging, an all-glass design, Retina HD display, and improved camera.
The iPhone 8 starts at $699 for the 64GB configuration while the 8 Plus starts at $799. The devices are available for preorder and will hit shelves on Friday, September 22.
Read on for information on picking up this exciting new device from Verizon.
The Upside of going with Verizon for the iPhone 8
Why go with Verizon for the iPhone 8? One word: network. Verizon's got the best one, by far. I mean, just look at their national coverage map. This means you'll be able to use your slick new iPhone 8 just about anywhere in the country.
Verizon has not historically offered incentives like buy-one-get-ones on the iPhone, so expect to pay the full retail price upfront or monthly installments on the device.
Here's a look at Verizon's pricing for the 64 and 256GB configurations of the iPhone 8 and 8 Plus on Verizon's two unlimited plans, Go Unlimited and Beyond Unlimited.
With Verizon's trade-in deal, you can get up to $300 of credit when you trade in your device. The trade-in credit is applied to your monthly bill over 24 months, which translates into $12.50 off per month. Note that you have to sign up for a line of unlimited data to get this deal.
Here's a break down of trade-in values, by device:
- $300 off: iPhone 7,Phone 7 Plus, iPhone 6s Plus, iPhone 6s, Pixel XL, Galaxy S8, Galaxy S8+,Galaxy S7, LG G6,Moto Z2 Force
- $200 off: iPhone 6, iPhone 6 Plus, iPhone SE, Pixel, Galaxy S6, Galaxy S6 edge, Galaxy S6 edge+, Galaxy Note5, LG G5,LG V20, Moto Z, Moto Z Force, Moto Z2 Play
- $100 off: iPhone 5, iPhone 5c, iPhone 5s, Galaxy S5, Galaxy Note edge, Galaxy Note4, HTC 10, Moto Z Play
Some fine print: bill credits end when device balance is paid in full. If you pay off your device early, you will not receive that maximum trade-in value. Here are the regular installment prices (device only) versus those adjusted to the $300 trade-in credit:
|Regular Installment Price (per month)||Installment Price w Trade-In Max $300 (per month)||Due at Signing|
|iPhone 8 64GB||$29.13||$16.63||$0|
|iPhone 8 256GB||$35.41||$22.88||$0|
|iPhone 8 Plus 64GB||$33.33||$20.79||$0|
|iPhone 8 Plus 256GB||$39.58||$27.04||$0|
Here's an estimate of what you'll pay total each month for the iPhone 8 + the $75 Go Unlimited plan, with the $300 max credit included (taxes and surcharges excluded):
Verizon: iPhone 8 deal + Unlimited data
|iPhone Payment||Monthly Total (inc. Plan)|
|iPhone 8 64GB||$16.63/mo||$91.63/mo|
|iPhone 8 256GB||$22.88/mo||$97.88/mo|
|iPhone 8 Plus 64GB||$20.79/mo||$95.79/mo|
|iPhone 8 Plus 256GB||$27.04/mo||$102.04/mo|
Verizon's Annual Upgrade Program
Verizon's installment program is one of the most simple in the industry.
After grandfathering the Edge program, Verizon's current financing program now allows you to upgrade to a new phone after paying off at least 50% of your device's price and at being on a plan for at least 30 days.
Of course, you need to turn in your device to upgrade, and the payment agreement is for 24 months.
One more thing. . .
There's a hidden carrier hack that will allow you to avoid paying for service for your new device for an entire year. The caveat is that you'll need to pay for your iPhone 8 or 8 Plus in full upfront. Click here to learn more.