It's junk. 4 years old. Scratched up, cracked screen. Obsolete. Why do they want it so bad? They say they'll even give me a new phone for free or a heavily discounted one if I'll simply give them my 4 year old old phone. Seems suspicious.
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People tend to not change carriers after they get on one, unless they move and have to. They offer these kinds of things because that's what it tends to take to get people to switch when they don't absolutely have to.