No more 1 year upgrades from Verizon!?!(UPDATED)

| January 4, 2011 | Reply

Not so good news coming in this morning from Droid Life. From the picture below it looks like the 12 month upgrades we have been getting from the Big Red might go bye-bye this month! Take a good hard disappointing look at the slide below and you can clearly see some of the ending policies Verizon is going to start implementing on the 16th of this month. No more  upgrading after 12 months as now it looks like if you sign that new 2 year contract you are stuck with the device for the full 24 months now! Verizon is letting you upgrade at the 20th month mark but that kind of stings since we were used to the nice 12 month number.

Droid Life states that one year contracts are NOT affected and will still be eligible for the full discount after 12 months.

UPDATE: Droid Life has some new additional info on the upgrade changes. Nothing exciting and it’s kind of even more depressing news…

Just over an hour ago, some depressing news hit the interwebs concerning Verizon’s new upgrade policythat will go into affect on January 16th and we’ve now received even deeper details.  This isn’t going to make anyone any happier, but as always, we want you to know as much as possible so that you can make the best decision come upgrade time on your current contract.

5 things to know:

1.  All customers who activate / upgrade on a qualifying plan prior to January 16th, 2011 are enrolled in NE2 (New Every 2) and eligible to use the NE2 discount for up to six months from the date they become eligible.

2.  Any customer who uses an NE2 credit or Annual Upgrade after  January 16, 2011 will no longer be eligible for either program.  On March 6, 2011, VZW systems will be updated to reflect this.

3.  All customers who exercise the NE2 or Annual Upgrade option on or after January 16th will receive a letter notifying them that it was their last NE2 or Annual Upgrade.

4.  Business customers continue to receive either the two-year corporate matrix tiered device pricing or two-year retail device pricing per contract.

5.  Customers will now be eligible for promotional pricing after 20 months on a 2-year contract and 10 months on a 1-year contract.

We are also hearing that the $100 credit that was included in the current NE2 deal will no longer be provided.  It looks like promotional pricing is all you will get when eligible for an upgrade.  We should also point out that more and more phones are offered for free these days, but still.

Cheers D and money!

Source: Droid Life

Anyone else out there disappointed in Verizon for changing the upgrade policies? Will this change your decision on waiting for that new LTE phone? Drop us a comment below and let us know.

And we have bad news just before we take off for Las Vegas.  According to new Verizon training slides, the 1-year upgrade option that many of us have enjoyed for years is going away starting January 16th.  Customers on 2-year contracts will now have to wait until the 20th month of their deal to even begin to think about upgrading.  Talk about depressing.  We live in a time when phones become almost obsolete just months after they are released and having to wait at least 20 months for the option to upgrade is a giant step in the wrong direction.

It should be noted that 1-year contracts are not affected, so that becomes option number 1 for those of us addicted to new technology.  When your current contract is up, you might want to consider going with a 1 year plan and forking out the extra $50-100 on the phone or you’ll be stuck for 2 years.  [Insert sad face]

Via:  Android Central

Source: Droid Life

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Category: Mobile News

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Co-owner and Editor-in-Chief of GizmoNinja.com.

During the day I work in graphic design and also do photography. By night I try to play with programming and code of all different types. I love the opportunity to write for the site and hope to see it grow as time goes on.