All you're doing is telling me WHAT they do. I'm telling you WHY.
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Apple Slashes Trade-In Values for iPhones, iPads, Macs, and More
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No I don't. I choose for myself what I do or don't want to purchase.
They don’t. They can’t sell them on as is for profit. They have the disassemble and recycle or put a new case to sell as refurbished.
Collecting, shipping, trucking, disassembly, reassembly/recycling reshipping, all costs money.
It’s purely a customer experience thing and “green intuitive”.
They design them, so that they know how to build them.
They manufacture them, so that they exist in the physical world.
They sell them, so that people all over the world can use them.
Making money is almost a side effect. If making money was the true and only aim, then Apple would always ship some illegal drugs, weapons and people along with their products. Because that's how you make the most money, if you don't care for anything else. Building computers is laughably non-productive. That's why Pablo Escobar never tried it.
It's all brand value.
Brands that give a lot more for their own trade-ins are considered less valuable. The lesser the amount of trade-in, the more valuable the brand. It's weird because it sounds backwards but this is how it is.
I've seen this happen with like watches, cars, etc. In the gray market or selling to other people, you get a lot more money back if you're selling. Which is why places like Swappa, eBay, Amazon exist. Although, their phones could have aftermarket parts installed and passing it off as genuine. You could end up with a frankenstein iPhone.
That's why buying refurbished from Apple is so damn expensive--it's all brand new and warrantied = $$$
Brands that give a lot more for their own trade-ins are considered less valuable. The lesser the amount of trade-in, the more valuable the brand. It's weird because it sounds backwards but this is how it is.
I've seen this happen with like watches, cars, etc. In the gray market or selling to other people, you get a lot more money back if you're selling. Which is why places like Swappa, eBay, Amazon exist. Although, their phones could have aftermarket parts installed and passing it off as genuine. You could end up with a frankenstein iPhone.
That's why buying refurbished from Apple is so damn expensive--it's all brand new and warrantied = $$$
The thing is when my wife totalled her car, we got way more than we thought. So at least prices are up on both ends. Why is Apple the other way?
VZW gave $1k to trade 13PM. They're bill credits, but I have zero installments and I don't switch unless there's some major issue. I switched to VZW maybe ten years ago because somewhere I went often had ZERO AT&T service. The only thing that stinks is they keep drawing out the months for the installments, so you have to pay off the remaining installments to keep and use as a trade. But it's still worth more than going the 18mos and giving it back.
And last year when I did 12PM to 13PM, it was $800 instant credit which meant only installments on the difference. And I think like $80 installment credits on top of that.
If you believe Apple makes their products to make people happy, I have some ocean front property to sell you in Utah.
Its amazing how little value Apple assigns to the current Mac Pro that they still sell new for a small fortune.
Great, can't wait to get the $150 trade in credit for my Apple Watch Ultra next year. /s
Little optimistic don’t you think? By next year they’ll charge you for the trade in. Some massive environmental fee, you know, saving the planet and all
Unless its a super old device like i dont think I would’ve gotten $355 for my 12.9 iPad Pro 2017 when I traded it in 2021 After getting an m1 iPad Pro 11” it had backlight bleed / spotlighting too.
also nice to trade in carrier locked phones, nobody really wants those second hand.
sometimes convenience is worth the ’rip‘ too but I agree like if I was getting rid of a 13 pro max unlocked right now, i would DEF look to resell.
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I tried selling my iPhone 12 Pro Max for two months and nothing but lowballers, people who don't have the funds, people wanting to trade for junk, and scammers that disappear when I mention meeting up at the local police station.
I haven't tried Swappa but it was smooth and easy walking into an Apple store and being assured the entire trade-in process is honored, and no chance the phone got lost or stolen during shipping. I was willing to accept less money for the hassle-free convenience. The time savings alone was worth it to me.
Gonna ride my $200 iPhone 11 out until next year. Battery is still at 84 percent and I purchased in September 2020 so I feel I got good value from it so far.
I'm so glad MacRumors clarified this. I was unsure what it meant to lower the trade-in value.
