LG Wireless Phone

Can I upgrade my Verizon phone, activate then sell the upgrade, and change pricing back to my old phone?

I currently own an LG Voyager and am well past my 2-year contract to a free upgrade period. I am perfectly happy with the phone I have. As I'm sure you've already figured out, what I'm trying to figure out here is if I have an opportunity to make a profit by upgrading my line to a new phone (using my discount) and then selling the new phone for a price slightly under retail. I understand that I am agreeing to another 2 years by upgrading and that it would advance my upgrade date to another 20-22 months. I'm not concerned at all about it. I'm the type of person that owned a cell since 2000 and have never purchased insurance on any of them. If I lose my Voyager or if it breaks I still have a real old VX4400 that I could activate, old phones are a dime a dozen now. What I'm concerned most about are the following: 1) Do I have to activate the new phone? 1a) (If Yes to 1) Do I have to take the new phone out of the box to activate it? 2) Am I stuck with the new data plan or can I move back down to my Nationwide 450 ($39.99) plan once I sell the new phone? 3) Have you done this yourself?

Public Comments

1. You have to activate it. You have to take it out of the box. You have to keep your data plan. That $30/month for 20 months is really going to cut into your profit margin. If you want to make a profit with an Apple device, order an iPad and sell that on eBay. There's no downside.