Learn how to buy the Verizon iPhone 7 or iPhone 7 Plus with a walk-through of the many ways you can buy and the prices you can pay for a new Verizon iPhone.
Verizon completely changed the way to buy a new iPhone since you last purchased a phone killing off two-year contracts for most buyers and switching to the Verizon Device Payment Plan model. Pick an iPhone 7 color before you wake up to pre-order or go to the store.
Whether you plan to stay up late for the Verizon iPhone 7 pre-order start time to make sure you get an iPhone 7 on day one or if you are planning to go to a local store on the iPhone 7 release date to line up early, this is what you need to know about buying a Verizon iPhone 7 or iPhone 7 Plus.
Check if You Are Eligible for an Upgrade
The most important thing to do is find out if you are eligible for an iPhone 7 upgrade on Verizon. Many users are at the end of a two-year contract or on the tail end of Verizon Edge and will need to wait until that contract ends or until they pay off a set amount for their current phone.
Log in to your Verizon account or use a Verizon Upgrade check at Apple or simply dial #UPG on your Verizon phone to get a text message with your upgrade eligibility.
Verizon 2 Year Contract vs Payments vs Full Price vs Apple iPhone Upgrade Plan
There are many ways to buy the iPhone 7 on Verizon, and many places you can buy it from. Depending where you buy the Verizon iPhone 7 your buying options will change.
Here’s a look at where you can buy the Verizon iPhone 7 on contract, on payments and with other options.
|Buying Options||2-Year Contract||Device Payment Plan||Full Price||iPhone Upgrade Plan|
|Verizon||Only If You Are Coming Off 2 Year Contract||YES||YES||Verizon version available.|
|Apple||YES, Online||YES, in Store||YES||YES, in Store|
|Best Buy||YES, Online||YES, in Store||YES||No|
Now that you know the different ways you upgrade to the Verizon iPhone 7, here is a look at the various prices you will pay for the iPhone 7 with these different plans.
Verizon iPhone 7 Price on 24 Monthly Payments
The new way to buy a phone at Verizon is with the Device Payment Plan. This option requires consumers pay for the full price of the iPhone 7 or iPhone 7 Plus, but it is split out over 24 months with no interest. The prices listed below are the monthly payments and add up to within a few cents of buying the iPhone 7 at full price.
|iPhone 7 Plus||$32.08||$36.24||$40.37|
Verizon iPhone 7 Full Price
Any customer can walk into most retailers and buy the iPhone 7 at full price to use on the Verizon network. You can buy the iPhone 7 at full price from Verizon, Best Buy, the Apple Store and likely at retailers like Target. Be aware of these prices as Best Buy charges $50 more for an off contract iPhone 6s, and may do the same for the iPhone 7.
|iPhone 7 Plus||$769.00||$869.00||$969.00|
You don’t need to be eligible for an upgrade to buy on this type of plan.
Verizon iPhone 7 Two-Year Contract Price
You cannot get a two-year contract for the iPhone 7 if you are a new Verizon customer or already on a payment plan, but Verizon allows current contract customers to sign a new two-year contract and get a subsidized iPhone 7 or iPhone 7 Plus at the plan price that is familiar. This is available online and in store at Verizon and Best Buy is still offering Verizon iPhones on a two-year contract.
|iPhone 6s Plus||$319.00||$419.00||$519.00|
You need to be eligible for an iPhone 7 upgrade and this locks you into Verizon for another two-years.
Verizon iPhone 7 Price on Apple iPhone Upgrade
The newest option is the Apple iPhone Upgrade plan which is a monthly payment plan that includes AppleCare+ and allows you to upgrade to a new iPhone every year.
The prices below are per month for the iPhone 7 or iPhone 7 Plus with AppleCare+, which is normally $99.
|iPhone 7 Plus||$36.58||$40.75||$44.91|
If you choose to use this plan you can easily upgrade to the iPhone 8, or whatever the new iPhone is in 2017. If you pay 12 payments and upgrade the total cost to own the iPhone 7 32GB with AppleCare+ through this plan is $388. This is only available at an Apple Store.
Best Way to Buy a Verizon iPhone 7?
After comparing all the plans and options there is no single best way to buy the Verizon iPhone 7 or iPhone 7 Plus.
With all of the buying options you pay a very similar amount for what you get. The monthly payment plan options and paying full price are better for many users than the Verizon two-year contract plans. Buy paying full price up front or split into payments you have more flexibility to upgrade or to switch carriers and the price difference for the iPhone Upgrade Plan is worthwhile considering the AppleCare+ inclusion.
With a payment plan or paying full price you also get access to the new Verizon Plans that offer cheaper line access to your data that may bring down the monthly amount paid for service, because you are now paying for your phone.
A Verizon two-year contract appears cheaper up front, but you pay more for your data plans and cannot upgrade early. Most users should transition to one of the new buying options, even if that means leaving a an upgrade credit behind.
Speck chose to deliver a new line of iPhone 7 cases that look and feel amazing. The new Presidio iPhone 7 cases use upgraded material to deliver better shock protection while arriving in a thinner design. The Presidio Grip, Inked and Wallet can protect your iPhone 7 from a 10 foot drop while the Presidio Clear, Clear + Glitter and Clear + Print are tested for an 8 foot drop. We already have these iPhone 7 cases on hand and love the look and feel that they offer. $39.95 to $44.95 at Speck
Speck Presido iPhone 7 Cases
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Speck chose to deliver a new line of iPhone 7 cases that look and feel amazing. The new Presidio iPhone 7 cases use upgraded material to deliver better shock protection while arriving in a thinner design.
The Presidio Grip, Inked and Wallet can protect your iPhone 7 from a 10 foot drop while the Presidio Clear, Clear + Glitter and Clear + Print are tested for an 8 foot drop.
We already have these iPhone 7 cases on hand and love the look and feel that they offer.
$39.95 to $44.95 at Speck