Trade in scratched iPhone 16PM on installment for 17PM?

Exchange a phone with a scratch on top of the camera (does not affect the camera quality)

Is it possible to trade in my iPhone 16PM? I have an iPhone 16PM on an installment plan. It has a defective camera, a scratch on the top, but it doesn't affect the photo quality. I want to exchange it for an 17PM. Is this possible if my 16PM is on an installment plan? Don't pay attention, it's covered in dust.