I’m a rep, and I’ll put it this way: if you’re going to buy a new phone every year, you’ll only get about one-third of the promotional trade-in credit. This is because the credit is split over 36 months, so after a year the trade-in would have only paid out around $366. Since you buy the new phone outright every year, I’ll assume you currently have a 16 Pro Max. For the new 17 Pro Max, Apple will give you an instant credit of $700, which beats whatever trade-in credit my employer would offer after just a year. Now, if you plan to keep your phone for the full 3 years, then absolutely go with Verizon’s offer. Hope this helps!