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Apple Slashes Estimated Trade-In Values of iPhone, iPad, Mac, and Apple Watch Models Overnight
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Hardly, you can do a heck of a lot better with selling it
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The german trade in price is ok. Up to 430 Euros. On eBay you would get 550 - 650 Euros. And then you got the eBay fees and the risk of a scam buyer. So I think its fair.
Obviously the Trade In /Recycle program is not hitting Tim Apple's margins. Not a surprising move IMO. You'll see more of this as China sales continue to see double digit growth. 
"Turn the device you wanted into the one you want, the one you will want to give away next year™"
They've always been greedy, but come on. Stop being so obvious about it.
This tells me they don't 'want' our devices. They must have too many.
This tells me they don't 'want' our devices. They must have too many.
Wow, my timing was good...I did the trade in through Apple when I purchased my new 16” MacBook Pro two weeks ago. Had an old 2014 MacBook Pro 13” and most of the offers I found through 3rd parties were in the $300-350 range. Apple offered $420 so I took that...They sent me the pre-paid return box and I sent it in, expecting them to reduce the amount...because of something...a scratch there or here, a depleted battery, or something...but nope...Three days after they received it, I got the confirmation that it was inspected and my credit card would get the $410 credit within 3-5 days...which I did.
I got the best out of my 6S....5 years on....what a machine...OS13 and still rockin'....just now the battery drains fast...on its last legs perhaps...trade in value zilch...but no worries ...retire as iPod when it decides to call it a day.
Thank you my dear friend.
Thank you my dear friend.
A lot more risks and hassle though doing it yourself.
I hope you’re joking
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Are you kidding? Most 2 year old phones are worth $4-500 these days at least
More work, to be sure but its certainly well worth the payoff. As for the risk, not really especially if you use common sense.
It's surprising that the MacBook Pro trade in values hasn't dropped with all the issues it has had (2016-2019),
They're not, then again they never were even before the slashing; you could always get better deals if you went with direct-to-buyer deals, trade-in programs give you the bare minimum and were never more than a last resort solution.
Apple is a business like any other and its object is to make money.
I just paid $350 for a 13" iPad Pro 2nd gen 64 GB, the used prices on them have plummeted the last few months.
Overall some of the prices are ridiculous, some of them are fine (we traded in my wifes 6S for $100 because the battery was **** a year ago and were happy with the process), but calling it slashing seems a bit clickbaity.
My thoughts Exactly!
Oh, and I don't care what other trade-in sites offer, Apple has evaluated aging used equipment and determined that is the amount they will pay for it at trade-in. I guess if you were thinking of trading in yesterday the old adage of 'you snooze you lose' is befitting.
These reductions in Apple's trade-in values seem to be in line with what's going on with Best Buy's trade-in values.
(I keep a pretty keen eye on Best Buy's trade-in program because they periodically bump UP values for a short time and am always looking to take advantage of those deals)
They come to any place of your choosing and usually the transaction is faster than the checkout at Target.
so my xs max 256 is now worth less than half of what i paid when i got it 4 months ago? brilliant
That is what I normally do with my Apple devices. My iPhone is the only thing I trade-in annually to upgrade to the newest model. Everything else (iPads, Apple Watch, MacBooks, etc.) I hang onto for 2-4 years and I give them to one of my kids when I upgrade.
By "most" do you mean 2 year old iPhones or any phone? Are you talking used or new? The Samsung Galaxy S9 is a little less than 2 years old and it goes for about $350 new on eBay and mid $200s used ("refurbished"). 2018 Google Pixel 3 phones are about the same price.
The Xr goes for $350 to $500 used but it's just over 1 year old. The X goes for about $400. The iPhone 8 (2 years old) is <$300 on eBay. The 8 Plus is around $300 (and higher for a new one).
Those are just high-end phones. Considering the estimated global average price of smartphones is under $300 (https://www.statista.com/statistics/484583/global-average-selling-price-smartphones/), there's no way "most 2 year old phones are worth $4-500".