Using non-smartphone to upgrade to the iPhone 4

I recently bought myself a smartphone last September, which makes me not eligible for an upgrade. I want to get the iPhone 4 but don't really want to pay the retail price for something that I'll probably drop and break within a year. I was wondering since my friend has an upgrade in a couple of weeks if I could just take his upgrade, He has just a regular phone, NOT a smartphone. So could he use his upgrade to get the iPhone and then just sell it to me, and keep his old phone? Thanks. 

Yeah, but he wouldn't be able to upgrade his phone for another 20 months, so make sure you're paying him a fair price and that he knows what he is signing up for.
It's the same as buying a phone from anyone else, you just call to activate it or enter the ESN online and you can use it.

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