Adding a new line to Verizon?

I'm 16 and planning to get a cell phone soon. I want to get an iPhone but I want to wait until the next one comes out so I don't have to wait for my contract to expire to get the next iPhone. We have an old cell phone that is not active. If I add this cell phone to our family plan, will Verizon let me upgrade when the next iPhone comes out, or will I be locked into a 2-year contract?

You can't get a phone contract until your 18…

Adding an old phone will not get you a new phone faster not cheaper, sorry.

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