Apple Drops Device Trade-In Prices in the U.S.

[MacRumors]

Apple today updated its iPhone trade-in site, dropping the maximum trade-in prices of almost all of its trade-in options. Trading in the iPhone 12 Pro Max, for example, will now net you $700, $90 less than it was worth yesterday.

With Apple's trade-in program, customers can send in their old devices and receive an Apple gift card that can be put toward the purchase of a new device. Apple regularly adjusts trade-in pricing, and the new amounts for iPhones are listed below.

• iPhone 12 Pro Max - Up to $700, down from $790
• iPhone 12 Pro - Up to $600, down from $640
• iPhone 12 - Up to $450, down from $530
• iPhone 12 mini - Up to $350, down from $400
• iPhone SE (2nd generation) - Up to $160, down from $170
• iPhone 11 Pro Max - Up to $450, down from $500
• iPhone 11 Pro - Up to $400, down from $450
• iPhone 11 - Up to $300, down from $340
• iPhone XS Max - Up to $280, down from $320
• iPhone XS - Up to $220, down from $240
• iPhone XR - Up to $200, down from $230
• iPhone X - Up to $200 (no change)
• iPhone 8 Plus - Up to $160, down from $180
• iPhone 8 - Up to $100, down from $110
• iPhone 7 Plus - Up to $100, down from $110
• iPhone 7 - Up to $40, down from $50
• iPhone 6s Plus - Up to $50, down from $60
• iPhone 6s - Up to $30 (no change)

Apple has also dropped trade-in prices for tablets and computers. For tablets, customers can now receive up to $550, down from a previous $580 maximum. For computers, Apple is offering up to $2720, down from $3240. Maximum trade-in prices have not changed from the Apple Watch and users can still receive up to $270.

The trade-in prices listed in this article are Apple's maximums for each product and represent the amount you'll receive for a device in perfect condition. Trade-in prices drop based on device condition.

Apple offers trade-ins for both Apple devices and devices from other companies such as Samsung, and prices vary based on the original cost of the device, the device's age, the device's condition, and other factors. It's worth noting that most people will be able to find better trade-in deals elsewhere, with the best prices available from selling devices directly to another person using a site like eBay or Swappa.

(Thanks, Andy!)

Article Link: Apple Drops Device Trade-In Prices in the U.S.

 

[nathan_reilly]

Wow, my 6S works fine for me, worth $30. New iPhone, $700...Not enticing

 

[TheYayAreaLiving 🎗️]

Wow. prices are way too low. Better go sell it on a third party website.

 

[4743913]

not going to be giving Apple any more money until at least November 2024..

 

[toobravetosave]

shareholders gonna share...oh wait...

 

[bpeeps]

If anything, shouldn't devices in good condition be worth more given the chip shortage?

 

[sahni130]

Argh, noticed it this morning. Another sign I should probably hold on to my 12 pro max.

 

[katbel]

Apple needs ?, you don’t understand ?

 

[spartan1967]

With supply shortages?? Apple must think people are going to wait a long time for those new devices. Also, as of a month ago, 42% of Americans have racked up more credit card debt since COVID-19 began.

 

[drsox]

If you're in the UK and don't want to risk Ebay, try MusicMagpie.

 

[DFZD]

If you care about resale value. Never buy from or sell to Apple.

I saved $150 on my MacBook 14 and $280 on my iPhone 12 by not buying from Apple.

 

[Mizouse]

Darn it. The value of my old items dropped by $40.

 

[lakerchick4life]

Good thing I traded in my 2018 macbook pro for 540 at the apple store its probably now worth 500 bucks to them

 

[Rychiar]

I can't fathom why anyone would trade in. stuffs always double on eBay

 

[nathan_reilly]

Good thing I traded in my 2018 macbook pro for 540 at the apple store its probably now worth 500 bucks to them

Without knowing the laptops spec, I can still confidently assert you got ripped off. Also, the laptop didn't lose $40 in value to them with this announcement...

 

[Scoot65]

If you're in the UK and don't want to risk Ebay, try MusicMagpie.

I've never used MM, but I've read on some forums that when you send in you item to them, they than come back to you with a low ball price saying that the item is not in as good condition as first thought / there's damage etc etc.

So maybe something to be aware of.....

 

[Cosmosent]

ONLY $450 for my 11 Pro Max, NO thanks !

Will keep it till next Sept, if NOT longer !

Side note, Availability in my area, La Jolla, improved just today !

In other words, NO longer supply-constrained in my area !!!

That tells me Demand isn't anywhere close to what Rumors have suggested !

I.e., by AAPL Cheerleader stock Analysts !

 

[newbmacuser2021]

I can't fathom why anyone would trade in. stuffs always double on eBay

Here’s a rumor:

I think you give Apple a working, in mostly good condition iPhone 12 and they give you an iPhone 13 for $799.

Then they clean the iPhone 12 and sanitize it and then use it for replacements or refurbished. (2020 phone)

The math is sort of fuzzy. Also iPhone 13 is sold out?

 

[one more]

The only advantage I can see for Apple trade-in is its convenience & rapidity, otherwise there are other places with much better offers.

 

[Shirasaki]

Guess I will not trade in my iPhone XS Max then, worths so little it doesn't even wroth the hassle anymore.

On the side note, MacBook Pro 13” trade-in price is also extremely brutal. My 16GB/1TB only worth 1/3 of the purchase price. Not to say Trade-in value was good at any point in the recent Apple history, but reality is still sometimes tougher to swallow.

 

[Shirasaki]

The only advantage I can see for Apple trade-in is its convenience & rapidity, otherwise there are other places with much better offers.

Yeah, Craigslist, eBay, Gumtree (for aussie here) and other much smaller marketplaces.

I suspect Apple lowers the trade in value at this point is to disincentivise people from buying more iPhone 13 through trade-in program, though it could be wrong.

 

[now i see it]

Trade ins are for lazy people anyway. What’s another $90?

 

[JM]

Ooh, SO glad I got my trade in before this.

 

[ghanwani]

What they should be dropping is the price of the 2020 SE.

 

[fel10]

I traded in my 16in MBP first gen yesterday when they were still offering a little over $1200. Wonder how much I would’ve gotten for it today.