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Verizon will take your damaged iPhone off your hands for $1,000

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Verizon has launched a new limited-time promotion that offers up to $700 in trade-in credit and a $300 gift card for damaged iPhones.
It may be rolling out on April Fool’s Day, but Verizon claims its new promotion isn’t a joke: starting today, Verizon will give you up to $1,000 for your “cracked or water damaged phone.” We tested it out and it seems to be a very good deal, so if you’re tempted to dig out your busted iPhone from the bottom of your cable drawer, there are a few things you should know. Like most carrier deals, Verizon isn’t going to handing everyone checks for $1,000. The trade-in is actually $700, with the remainder coming in the form of a $300 Verizon gift card.

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