Here's internal leak for those that going through T-mobile.
breakdown the new activation trade in
For the pros:
$950: 11 Pro Max, XS Max
$830: 11 Pro, XS, 11, XR, X,8, 8 Plus
$530: 7, 7 Plus, SE2
$380: 6S, 6S Plus, 6, 6 Plus, SE
$230: 5S, 5, 5c, 4S, 4, 3GS, 3G, first iPhone
For the 12
$830: iPhone 11 Pro, 11 Pro Max, XS, XS Max, 11, XR, X, 8, 8 Plus
$530: iPhone 7, 7 Plus, SE (2020)
$380: iPhone 6S, 6S Plus, 6, 6 Plus, SE
$230: iPhone 5S, 5, 5c, 4S, 4, 3GS, 3G, first iPhone
For existing customers. The max for the pros would be $550 then $415 then $300. So pretty much half vs the above.
Looks like they're giving you more money this time. Geez, take about return 🙂 lol