Verizon Wireless Confirms $350 ETF for Premium Devices

The used cell phone market has been flooded with smartphones and high end feature phones! Why, you ask, it's simple: A bunch of "entrepeneurs" with decent credit were adding lines, getting crazy deals, and cancelling to make a profit by selling the phone on ebay/craigslist. Well, thanks to them, I have seen market prices plummet! Now that the incentive is gone, we won't see people cancelling for no reason other than profit. With less phones on the market, bidding wars ensue, and I get to sell my used phones for what they are actually worth. 😁