Apple Cuts Trade-In Value of iPhone, Mac, Apple Watch, and iPad Models

[dizmonk]

Well I was getting a M2 Air and trading in my M1. That’s the end of that. Congrats Apple I’m done with your laptops. I was already on the fence waiting for the launch. Thank you for making the decision easy.

Sounds like you're a NO at this point on the m2. Is that right?

 

[dizmonk]

surprised folks have had issues with Swappa. I've sold a few things through there because the items were selling better on their than the Apple trade-in values. I guess I've been lucky?

No you're not. I've never had a problem with Swappa...

 

[kid1230]

It's crazy how apple pays that much but will just resell it for 20 dollars off initial msrp LOL I feel guilty now having my devices so pristine just so apple can bank off of that c:

 

[femike]

Must be the Cost of a Living pressures Apple is facing, like all of us..🥺

Yep, dead right, Tim cook is finding it difficult to spend his $100 million this year.

 

[Colpeas]

Looks like they reduced some MBP trade-ins as well, my 2016 MBP which I was planning to trade in is now 190€. Down from 230€ previously I think.

Wow. That is literally less than what for-parts units sell for on ebay.

Not sure this is how inflation is supposed to work. Or maybe it is: the little guy gets screwed, the corporations get more revenue.

The rich will always get richer no matter what you'll do to stop it.

 

[Cole Slaw]

I guess 'Ole Timbo is hurtin' for cash.
Poor bastard. 😭

 

[Onexy]

Apple trade in has always been about milking fools.

 

[newyorksole]

still can’t believe I got like $850 from Apple for my 12PM. I hope they do at least $775 again this year.

 

[Appleinapot]

They spelt iPhone 12 mini as "iPhone 12 miin"

 

[azentropy]

Usually I keep my old iPhones and hand them down or repurpose them. However my current primary iPhone is a 12 mini that I’ll probably trade in for the 13 mini if that keep that around at a price cut. I greatly prefer the small form factor, But both my parents have expressed a preference for larger phones as their eyes get worse! With the trade in value continuing to decrease I might just keep it longer.

 

[Funny Apple Man]

That’s funny I went in the day they changed these to get a new iPhone. The kid in the store called me a idiot when I told him the day before my iPhone 11 was priced at 300. He said I didn’t know what I was doing and continued that when I questioned because I didn’t know they got lowered. He told me he worked everyday and that’s what they have been. So needless to say apple lost a good customer. Many other phones out there. Looking right now to upgrade.

Was it an Apple store employee that called you an idiot? If so, I'm baffled that he even got that job in the first place.

 

[AlexJaye]

Apple is greedy garbage, really.

 

[calstanford]

Not worth trading in anymore at those prices. Value going down while new prices going up. Means NO Apple purchases for me then.

 

[phrehdd]

I check my Mini m1 512/16 and its trade in is 400 dollars.

 

[Funny Apple Man]

I check my Mini m1 512/16 and its trade in is 400 dollars.

The trade in is pretty low since you likely paid $1,100 for that.

My M1 MBA has the upgrade to 8 core GPU, 16gb ram, and 1tb ssd (value at $1,650), and the trade in offer is only at $460.

 

[SFjohn]

Here’s how Apple took me for a ride magnitudes worse than any buyer has given me in over a decade and hundreds of sales on eBay, Swappa, Amazon, and others.

I’m in the iPhone upgrade program. Apple sent me a box to trade in my old iPhone 12 mini after I got my 13 Pro. I packaged it as instructed, and put my iPhone in the indent which was definitely larger than my phone.

I figured — as one might — this is Apple. They do millions of these monthly. Sure, the phone is a little loose, but there’s still lots of padding surrounding it. I took pictures before sealing the box.

About a week later, I get an email from Apple saying my trade-in was rejected, providing little other info, other than that it would be returned to me in the condition it was received.

Soon after, I got my old iPhone back in the same box that I sent it in, and it is shattered front and back. The display panel itself was cracked too.

After this, it was about a two month process for me to work with Apple to arrange a new “trade in” where they would basically ignore the damages.

I think it’s particularly important to note that they sent it back in the same box that I sent it in — so I have no clue which damages occurred en route to them as opposed to en route back to me. Also, when I sent it, it was in a thin styrofoam sleeve, which wasn’t there when they sent it back. So, technically, my packing job was more secure than theirs.

Overall:
- I spent about five hours on the phone with Apple Support, never getting promised callbacks, which led me to calling the main AppleCare line and starting from scratch several times because nobody could get me to the right department.
- Paid an extra $35 monthly payment because my phone wasn’t returned on time (because they broke it and sent it
back to me). Apple Support told me to contact IUP/Citizens bank to try to get that refunded. I never bothered because I was so done with the situation and if they have me one bit of hassle, I would’ve screamed at somebody.

Anyway… Looking forward to upgrading to the 14 Pro this year and sending my phone back to Apple!

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It’s nice to have a convenient Apple Store nearby and avoid mail altogether.

 

[DocMitchell]

Since the price of a new iPhone 12 has dropped $100 since launch, it's only logical to expect used iPhone 12 values to drop as well which will have a domino effect on older iPhones.

Yes, as mentioned, for some products or product families, that may be the case, but not for a whole portfolio.

 

[russell_314]

I swear I remember this happening last year and the year before and…

It’s almost like this is a non event 😂

 

[kid1230]

It’s nice to have a convenient Apple Store nearby and avoid mail altogether.

crazy how people are willing to sacrifice so much money to not deal with mail.... i would do the same but I do wish we wouldn't!

 

[kid1230]

I swear I remember this happening last year and the year before and…

It’s almost like this is a non event 😂

I mean just because it was reported in 20** it should never again be reported.... love the mindset c:

 

[CoMoMacUser]

More reason for me to keep my iPhone 11 Pro Max 256 and not upgrade to the latest and greatest. Works fine.

Same here. I don't need 5G for FB, IG, email, Apple News, et al. Plus I love midnight green, and nothing since has been available in that color.

 

[omgneal]

I had good luck trading in my iPhone 12 earlier this year. Granted it was only a year old so I got the full $320 for it. That inspired me to try the same with my 2018 iPad Pro. The site said they'd give me $400. I expected it would drop a bit because its got a small ding on one corner but otherwise in perfect shape. Apple came back with 0$ trade in. I returned the iPad Air I had bought and got my Pro back. Screw that.

 

[pdoherty]

Lol. I’d never trade my device into Apple. Try Swappa to get more money off your device. I understand convenience but I’ll rather to get $100-$200 more by selling it.

A lot more than $100-$200, I’d hope. Look at that bargain-basement iPad Pro price. My iPad is the 1TB M1 with 16GB and cost almost $2,000 and they'd offer basically 1/4 of that?

 

[svish]

Too bad that the trade in values are decreasing.

 

[mrat93]

It’s nice to have a convenient Apple Store nearby and avoid mail altogether.

I have one nearby, too. But I have a Fedex that’s walking distance.