Verizon Offering Instant Gift Cards for Phone Trade-Ins
Feb 14, 2012, 9:45 AM by Eric M. Zeman
Verizon Wireless announced the recent launch of a new Store Trade-In program. The program lets Verizon Wireless customers bring an old cell phone to the store and trade it in for a gift card. Verizon says its on-site staff will make a quick assessment of the device's value, which will be based on the make, model, and condition. Verizon said certain models in good condition may fetch up to $300. The gift card can then be redeemed immediately for purchases of new phones, tablets, or other devices. The value of the gift card can also be applied to the customer's monthly bill. Verizon is encouraging its customers to trade in old devices so that they may be recycled or disposed of properly.
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300$ to recycle a phone?
I don't think they are going to give 300$ to take anything apart and dispose of it.
More like resell it for a much greater value