How much does it cost to terminate a Motorola rival with Verizon?

I want to get a new phone with Verizon but i still have one more year on my Motorola Verizon. The new phone would be free, if I signed a two year contract with it. So, I'm just wondering would it be cheaper to just buy the new phone full price, or terminate my Verizon Motorola Rival?
 
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