According to most books,the relativistic free particle with velocity $v$ has phase velocity, $$v_p=\frac{c^2}{v}\tag{1}$$
But, a free particle also means potential energy $V=0$.Therefore we might as well use, $v_p=\frac{T}{p}$ where relativistic kinetic energy=$T=m_0c^2(\gamma -1)$ and relativistic momentum = $p=m_0v\gamma$, giving $$v_p=\frac{c^2}{v}(1-\frac{1}{\gamma})\tag{2}$$
Equating with the more familiar $c^2/v$,we get $1=0$ !So clearly these two are not the same.
I have reasons to believe in (2) because---
Non-relativistic formulas must reappear at low speeds.Non-relativistically $v_p=\frac{v}{2}$,and this can be easily obtained by binomial expansion of the term within parentheses in (2),but not from (1).Also if (1) is correct,then for low speeds phase velocity is extremely high,and cannot be $v/2$.Indeed, if we equate $v/2=c^2/v$,particle velocity($v=\sqrt{2}c$) exceeds speed of light,which cannot be true.But for (2),the phase velocity is not only approximately $v/2$ for low velocity,but equating (2) with $v/2$ gives exactly $v=0$ also as expected.
Which of (1) and (2) is correct and why?