Yes @jbaker22 this will be Vodafone's early upgrade promise on an Evo contract when you have had the phone for 12 months. This is explained here: Early Upgrade Promise.
If you decide to take advantage of an early upgrade, there will still be the device payments to make on a monthly basis, if you trade in your old phone, you will be able to use the trade in cash towards a new device plan. There is further information on the Evo link here: Evo and the Trade in link here: Trade In
If you decide to trade in to save money on a new device plan, you will be asked at checkout how you wish to return the device and this has to be completed within the first 14 days of taking a new Evo plan.
I am not sure about the price you have been quoted for the early upgrade, but am sure this will drop off when you take a new airtime plan. The Application should give all the early upgrade options, but if you still need clarification, live chat or Customer Services are there to help. You can also drop the Social Team a message here: Contact Us
