14” MacBook Pro M3 16GB/1TB trade in at Apple is $925. At Best Buy is $1200.
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Apple Increases Mac Trade-In Values for a Limited Time
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Don't forget the option of giving your old stuff to a relative, friend, or neighbor who might be able to use it but can't afford to buy. That's what I've done with my last three Macbooks.
It's hard to justify accepting these ridiculously low values
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an extra $10 to trade in my $3.5K laptop, thanks Tim!
I was almost the victim of being scammed by Apple. Sent in my device for the $790.00. They said my screen was damaged in the polarizing layer as there were spots. The spots were the reflections of the overhead lights in the building that received the item. Luckily I had taken pictures of the entire machine before I sent in the device.
Would you prefer a DM or email for my shipping address?
Was that sent to Apple or one of the third-party places they use? I've heard similar stories to yours and that is why I will only trade in store.
We don't know how much any given machine costs but we know Apple's hardware margins.
In the most recent quarter, Apple's gross margin for hardware was 39.3%. Not all products have the same margins but without a per product break-down, the best we can do is make reasonable estimates based on the average.
That means the iPhone 16 Pro Max costs Apple on average $728 to make the base iPhone 16 Pro Max. Although, what's likely is the base models have lower margins and Apple increases the margins on upgraded ones. That means it's likely the base model costs Apple closer to $750 to $800 to make.
Now, that's just gross margins. We really cannot go only on gross but have to look at net margins. In the same quarter, Apple had net margins of 29.23%. Services have a much higher margin (around 70%) and contribute about 40% of Apple's profits.
Based on a rough estimate, that means Apple's net margin on hardware is likely no more than 25% (but again that includes higher margin upgrade costs so base models will have a lower margin than that).
So this maybe doesn't fully answer your question but 25% is a decent estimate calculating Apple's actual costs on a product.
A $2000 MBP likely costs Apple a minimum of $1500.
Sorry, my latest Macbook should hold me for a few years, since it's a 16 inch M1 Pro Max with 64GB of RAM and a 2TB SSD. So far I haven't seen any features in the newer Macbooks that I'd really need, though that might change when Apple starts installing OLED displays in them.Would you prefer a DM or email for my shipping address?
Besides, my brother would probably never let me hear the end of it if I gave it to someone else at that future date, to replace his M1 Macbook Air.
Apple offered to recycle my 2018 MBP “free of charge”, while Best Buy offered me $367 for the same device.
For my current device, Apple is offering $840 while Best Buy is offering $1,200
The hassle was exactly the same as it would have been with Apple.
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That's a new one on me, Apple has always beaten Best Buy for me. I keep my devices typically for 3 to 4 years, though, so I am not sure what happens once Apple marks a device as vintage. Maybe that's what happened?
What is the trade in value of my apple cleaning cloth? Used it for 2 years.
I edited my post to add a current example. Apple is offering $840 for my M3 Pro base, and Best Buy is offering $1,200.
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Third party. Lesson learned. In my case the Apple Store would not take my trade in person because I ordered my new device online at the Veteran Store. The store said they did not have access to the order information. I think I was deceived.
I don’t know why Apple shows these particular trade-in values because they are not the maximum. For example, my M3 Max MBP is $1495 or $1485 without a new purchase. The chart shows $925.
I sold a MBP on Swappa. After a month, the buyer said it was overheating. I ended up eating the cost of shipping both ways and just traded it in at Apple. After that I never sold privately again.
It’s likely not $925 at Apple. I don’t know why Apple shows those values in the chart. My 16-inch M3 Max MBP is $1495 or $1485 without a new purchase. The chart shows $925.
The thing is that apple is giving you this money immediately but selling a Mac Pro might be hard since people who can afford would probably buy new and people who can’t will probably buy another thing like iMac or something else since they don’t need Mac Pro..
Apple is offering $135 for my mint condition 12" 2017 MacBook with less than 100 cycles. Ha. I will hang onto it
I sent in an iPad Pro. When they received it, they said the chassis was bent. I never noticed a bend, but it was one of the models mired in Bendgate. I sent that information over to them, and it was reevaluated at the original estimate. If there was a bend, it was not significant enough for me to have noticed. Even then, they should have been aware of the Bendgate models.
Right— which is why Apple should give you more for your trade-in because you are one of the ones who bought it new in the first place. 😊