Does a Verizon wireless "upgrade" just mean a $50 discount on a new phone? How do...

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...I get an early upgrade? I have a Verizon Wireless phone, the XV6800 and I'm not due for an upgrade for a little while. When I do get my upgrade, does that mean that I actually upgrade my phone to a better model, or does it just mean a discount off of my next phone? I ask, because at the time of me buying my phone, I could afford to get an expensive model, but when it comes time to buy a new phone, if I were to upgrade to something like the XV6900, I would end up paying somewhere near 300 bucks. In this case, if I could not afford it, would my only option (besides keeping my current phone), be to downgrade to a phone I could afford? Also, what are some ways to convince Verizon to let you upgrade early?
 
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