I looked into trading in my MacBook Pro earlier this year, but I was more disappointed in the process than the trade-in values.
When I trade in a car, I only pay sales tax on the difference. So if I trade in a $20,000 car while buying a $40,000 car, I only pay sales tax on the 20,000.
Apple trade-ins don't work that way. If I trade in a $2000 laptop when buying a $4000 laptop, I'm still paying 7% on the full $4000.
So putting it up on eBay still makes financial sense, even though it is such an awful selling experience -- which begs the question...what the heck happened to eBay? When did they become a third world garage sale while commanding such usurious fees?
This discourages recycling
Up to $1000 for an MBP? That’s garbage considering you can configure one for $6k.
Unbelievable because they are actually worth more based on market. The wait became longer for new models therefore older ones should be holding their value longer than previously.
Apple this week lowered its estimated trade-in values for select Mac, iPad, and Apple Watch models in the United States.
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Apple has reduced trade-in values for the MacBook Pro, MacBook Air, MacBook, iMac, iMac Pro, Mac Pro, Mac mini, iPad Pro, iPad Air, iPad, iPad mini, Apple Watch Series 3 through Apple Watch Series 6, Apple Watch SE, and select Samsung and Google smartphones. Apple is also no longer accepting Apple Watch Series 2 trade-ins.
iPhone trade-in values are unchanged.
New trade-in values:
Previous trade-in values:
- MacBook Pro: Up to $1,000
- MacBook Air: Up to $400
- MacBook: Up to $220
- iMac Pro: Up to $1,500
- iMac: Up to $850
- Mac Pro: Up to $2,000
- Mac mini: Up to $450
- iPad Pro: Up to $655
- iPad Air: Up to $290
- iPad: Up to $190
- iPad mini: Up to $200
- Apple Watch Series 6: Up to $150
- Apple Watch SE: Up to $120
- Apple Watch Series 5: Up to $120
- Apple Watch Series 4: Up to $85
- Apple Watch Series 3: Up to $50
The full list of values can be found on Apple's trade-in website.
- MacBook Pro: Up to $1,350
- MacBook Air: Up to $490
- MacBook: Up to $315
- iMac Pro: Up to $2,135
- iMac: Up to $1,200
- Mac Pro: Up to $2,720
- Mac mini: Up to $600
- iPad Pro: Up to $680
- iPad Air: Up to $335
- iPad: Up to $200
- iPad mini: Up to $205
- Apple Watch Series 6: Up to $170
- Apple Watch SE: Up to $135
- Apple Watch Series 5: Up to $135
- Apple Watch Series 4: Up to $105
- Apple Watch Series 3: Up to $70
- Apple Watch Series 2: Up to $20
Article Link: Apple Lowers Trade-In Values for Macs, iPads, and Apple Watches
Unbelievable because they are actually worth more based on market. The wait became longer for new models therefore older ones should be holding their value longer than previously.
This is a case of Apple trying to control both the new AND used market. Like automobiles right now value has gone up not down based on supply and demand.
Apple is being disingenuous at best with the used values.
Crazy. It stands to reason if demand for new can’t be fulfilled than of course in the market used holds its value longer and higher. Don’t fall for this!!!!
Of course they are lower that’s always been the case. In my case it was a couple hundred. But then there is the tax savings which offsets it. All that aside they are over correcting at the moment. That’s my concern.I believe trade in values are almost always lower than what you can get for it as a private sale. Think of vehicles, for instance. On the other hand, a trade-in is normally a far quicker and less risky transaction, so it's a compromise.
Not in my state. They only charged me tax on the difference same as an auto trade in.Where I live at least, if I trade in a device to buy another, Apple discounts the price on the new product and recalculates the sales tax. It actually netted me just over $100 for my MBP than if I had sold on ebay.
That’s exactly how they did my 16” max. Took the trade in of $1900 off the top. Then added tax to the balance. Plus they give you 12 months at 0%. While I had the cash I figured why not use their $ for next 12 months. They put payment on Apple Card each month. Which we always pay off anyhow.Whenever I’ve traded-in through Apple and didn’t get the trade-in value subtracted from my purchase, my gift card has always included a refund of the sales tax. Or as you put it, I’ve only paid sales tax on the difference.
For purposes of comparison, I always ad 8.25% (for Texas) to Apple’s trade-in values, and often found them highly competitive with most third-party sites.
Nowadays, if you pay with installments, Apple subtracts the trade-in value on the spot, so you can verify before accepting their offer that you only pay sales tax on the difference.
There is a lot of satisfaction associated with hanging onto Apple devices and several years later you still have some trade in value. Other than iPhones, 15"/16" MBP's are often used for several years before you sell or trade it for a model that has totally surpassed what you presently use in many ways. You can also look at how many years of usage you achieved without being tempted by modest technology improvements and be very satisfied.Which is why I keep my Apple devices till they no longer get any updates. Apple doesn't love that. People need to return the favor to Apple and stop the senseless upgrading every year. Keep your device; the pictures don't look any better on an iPhone 13 Pro versus an iPhone 6s.
Of course it's somebody's choice. Somebody can choose to get ripped off all day long if they want.Then sell it and get more money for it. Your choice.
Of course it's somebody's choice. Somebody can choose to get ripped off all day long if they want.
A "rip off" can, though does not have to imply deceit. If I offer to sell you a Big Mac for $40, you can rightfully tell me "no, that's a rip off." No deceit involved or implied, just clearly not a price appropriate for what's being offered. Coincidentally, that's about the same order of magnitude of rip off as what Apple appears to be offering here, at least on their MBPs.My point is there's no reason to get all hyped up about the lowered trade-in values since it's merely one option to unload your current device. As I stated in another post, a trade-in is a compromise. You get a quick, secure transaction compared to a private sale to a stranger, but you take a hit on the value. "Rip off" implies Apple is somehow trying to deceive you. They're not.
A "rip off" can, though does not have to imply deceit. If I offer to sell you a Big Mac for $40, you can rightfully tell me "no, that's a rip off." No deceit involved or implied, just clearly not a price appropriate for what's being offered. Coincidentally, that's about the same order of magnitude of rip off as what Apple appears to be offering here, at least on their MBPs.
The 3rd party vendors apple uses to inspect trade in are sketchy at bestIt's not surprising at all.
If one is busy and values their time and/or doesn't want to worry about getting scammed or fielding buyers locally and all of that (again, worry about scams) -- it can very much be worth it to folks.
Apple will even send you a box with label and you just ship it off and get an email gift card.
Zip, boom, done.
It's not always for me personally (though I have used it), but I totally understand why some folks use Apple Trade-In
Getting the most money isn't always the top priority for people necessarily.
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I don't see any definitions that fit your example scenario. All definitions involve deceit or theft. Therefore, "rip off" does not apply to Apple here.
The problem I see when occasionally checking on trade in prices, is how Apple doesn't even implement correct feature matches to recent M1 Mac models. You quickly find their trade in system is broken for something recent.So many new Mac Silicone computers were bought in record numbers this year, that the “used” market is becoming totally flooded. And due to that same great success of Apple Silicon, buying someone’s three year old Intel-based computer has become way less enticing. Everyone wants an M1. Sorry, but it’s the market, not Apple being unfair. Society has become so “entitled” and so “owed”.
And the longer they lay around, the more value they lose, whether at Apple or anyone else for that matter…that’s why I have like 5 iPhones, 2 MBP and an iPad laying around because mentally I can’t get myself to sell them back to Apple considering how much I initially paid for it ?
Or it’s an immediate discount if you’re using the Apple Card…It's not surprising at all.
If one is busy and values their time and/or doesn't want to worry about getting scammed or fielding buyers locally and all of that (again, worry about scams) -- it can very much be worth it to folks.
Apple will even send you a box with label and you just ship it off and get an email gift card.
Zip, boom, done.
It's not always for me personally (though I have used it), but I totally understand why some folks use Apple Trade-In
Getting the most money isn't always the top priority for people necessarily.
Well, that statement certainly is incorrect, but, you can of course do as you please, and so can everyone elseWhich is why I keep my Apple devices till they no longer get any updates. Apple doesn't love that. People need to return the favor to Apple and stop the senseless upgrading every year. Keep your device; the pictures don't look any better on an iPhone 13 Pro versus an iPhone 6s. Trust me, Instagram and Facebook already downgrades them anyway.
The 3rd party vendors apple uses to inspect trade in are sketchy at best
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Oxford > Webster