I can&#x27;t image them letting you keep the old phone, as you haven&#x27;t paid full price for it in a year.<p>EDIT: &quot;Just trade in your current iPhone for a new one, and your new program begins.&quot;<p>Source: <a href="http:&#x2F;&#x2F;www.apple.com&#x2F;shop&#x2F;iphone&#x2F;iphone-upgrade-program" rel="nofollow">http:&#x2F;&#x2F;www.apple.com&#x2F;shop&#x2F;iphone&#x2F;iphone-upgrade-program</a>