Cancel a trade in
Ashbo1023
Enthusiast - Level 1

I opted for the $800 promo trade-in. I know if I cancel the trade in, I will be responsible for that amount on my bill. My question is, will that be a lump sum or a monthly payment?

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2 Replies
vzw_customer_support
Customer Service Rep

Hello, being on top of your promotions is vital, especially if you are managing the discount.

 

Keep in mind that for the most part, all promotional trade-in offers provide the credit in a monthly discount that runs the term of the agreement (36 months).

 

Hope this info helped.

~Gilbert

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SynthpopAddict
Champion - Level 1

From other threads I've seen about this, you will get billed for the entire cost of the new phone (lump sum) once the trade-in is revoked.

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I'm not a Verizon employee, just another customer trying to help.