Okay so a local Verizon authorized retailer is selling 16GB Moto X for $1 for new customers and for existing Verizon customers who are upgrade ready. I asked the guy if there were any catches, how it works with Verizon and all with future upgrades, he said there's no strings, they just upgrade through Verizon and I purchase the device from him instead of Verizon.
So... can someone tell me if this plan will NOT work?
1. Family member is eligible for upgrade, already has 2GB data plan. Go into store and upgrade to Moto X for $1 and extend Verizon contract for 2 years.
2. On Verizon account, swap family member's new Moto X and my device (Galaxy Nexus, unlimited data still).
3. Buy Developer Edition Moto X from Motorola off contract at $550
4. Active Developer Edition Moto X on my account.
5. Sell the $1 Moto X on Swappa or like
All of this so I could get a Dev Edition Moto X and keep unlimited data for only about $201 assuming I can sell the 16GB $1 Moto X for maybe $350. Family member gets upgraded from Droid X to my Galaxy Nexus. Come March of this year, move my upgrade to family member's account if they don't like my Galaxy Nexus.
I called Verizon, the rep assured me there's no difference in buying and renewing contract at retailer versus at Verizon.
It seems like a bargain... what am I missing?
So... can someone tell me if this plan will NOT work?
1. Family member is eligible for upgrade, already has 2GB data plan. Go into store and upgrade to Moto X for $1 and extend Verizon contract for 2 years.
2. On Verizon account, swap family member's new Moto X and my device (Galaxy Nexus, unlimited data still).
3. Buy Developer Edition Moto X from Motorola off contract at $550
4. Active Developer Edition Moto X on my account.
5. Sell the $1 Moto X on Swappa or like
All of this so I could get a Dev Edition Moto X and keep unlimited data for only about $201 assuming I can sell the 16GB $1 Moto X for maybe $350. Family member gets upgraded from Droid X to my Galaxy Nexus. Come March of this year, move my upgrade to family member's account if they don't like my Galaxy Nexus.
I called Verizon, the rep assured me there's no difference in buying and renewing contract at retailer versus at Verizon.
It seems like a bargain... what am I missing?