If you're contemplating purchasing an iPhone 15, Apple has just sweetened the deal by temporarily boosting its trade-in values for old iPhones until June 3. This limited-time offer makes it more enticing to upgrade your device by providing slightly higher trade-in credits for various iPhone models.
Enhanced Trade-In Values
Apple's Trade-In program offers a convenient, albeit not the most lucrative, method to exchange your old iPhone for a discount on a new purchase.
Starting today, the Cupertino giant has marginally increased the trade-in credits for models from the iPhone 11 onwards.
While the increments are modest-ranging from an extra $10 for the iPhone SE (3rd gen) to an additional $30 for the iPhone 13 mini-every bit helps. However, considering the uncertain future of the iPhone mini, it might be worth holding onto if you prefer its compact design.
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Estimated Trade-In Values
The trade-in values provided by Apple are only estimates, and the actual credit you receive will depend on your phone's condition.
To get an accurate trade-in value, visit Apple's Trade-In page and provide details about your device's storage capacity, serial number, and overall condition.
Here are the updated trade-in values, according to MacRumors.
- iPhone 14 Pro Max: Up to $650 (vs. $630)
- iPhone 14 Pro: Up to $530 (vs. $520)
- iPhone 14 Plus: Up to $430 (vs. $420)
- iPhone 14: Up to $380 (vs. $370)
- iPhone 13 Pro Max: Up to $460 (vs. $450)
- iPhone 13 Pro: Up to $380 (vs. $370)
- iPhone 13: Up to $320 (vs. $300)
- iPhone 13 mini: Up to $300 (vs. $270)
- iPhone SE (3rd generation): Up to $170 (vs. $160)
The Trade-In Process
Once your trade-in is confirmed, you can either mail your old phone to Apple or drop it off at an Apple Store. Apple will refurbish the device for resale or recycle it if it's beyond repair. Although Apple has faced criticism for its recycling practices, the company claims significant improvements have been made in its methods to recover valuable materials from old devices.
Maximizing Trade-In Value
While Apple's trade-in program is convenient, it often offers less value than third-party options. For instance, an unlocked iPhone 13 in good condition with its original packaging can sell for around $350 on platforms like ItsWorthMore or Swappa, compared to the $320 offered by Apple.
Should You Use Apple Trade-In?
The slight increase in trade-in values is a positive step, but Apple's credit offerings generally lag behind what you can get through other avenues. However, the convenience of trading in your old phone while purchasing a new one from Apple is undeniable. This can save you time and effort compared to selling your phone privately or through a third-party service.
Despite past issues with e-waste and recycling contractors, Apple remains a transparent and reliable option for recycling old devices. If your iPhone is not suitable for resale, Apple's Trade-In program ensures it is recycled responsibly.
The temporary boost in trade-in values from Apple could be a good opportunity if you plan to upgrade to an iPhone 15 soon. However, if maximizing the return on your old iPhone is your priority, exploring other selling options might be more beneficial.
The decision ultimately depends on whether you value convenience over a potentially higher payout from third-party buyers.
