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I had my new iphone since December 25 2012, and I was wondering if I could some how trade it in for the 5?
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No.
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Hello jtecho! We understand the need for the latest and greatest devices. We actually have a trade-in-program that allows you to sell your phone back to us. Here is more info: https://www.trade-in.vzw.com/home.php5?c=en-us . You can use these funds to apply it towards your next device purchase. Let us know if you have any questions. Here to help!
Thank you,
LenaA_VZW
Follow us on Twitter @VZWSupport
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but will i have to pay full price or just the contract price?
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You signed a 2-year contract in December and got a $400 discount on your current phone. You have to fininsh making your 24 monthly payments before you can purchase another subsidized phone on that line of service. Of course, you would have to pay full retail price.