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Carrier T-Mobile trade in deal

bbates123

bbates123

macrumors 6502a
Original poster
Jul 2, 2010
874
762
T-Mobile has a helluva great trade-in program that gives you up to $500 when you purchase an iPhone 12 or 12 Pro. Even my old 1st gen SE gets me $215. Plus, they give you an extra $200 if you've been with them for at least 5 years. The trade-in credit is applied over 30 months and they state very clearly that if you drop your line you're on the hook for the credits. The only thing I'm not clear on is if you buy a 12 and pay full price then sell the phone in a year or two. I would imagine they'd still keep applying the credits but it's not clear. Any thoughts on this?
 
bbates123 said:
T-Mobile has a helluva great trade-in program that gives you up to $500 when you purchase an iPhone 12 or 12 Pro. Even my old 1st gen SE gets me $215. Plus, they give you an extra $200 if you've been with them for at least 5 years. The trade-in credit is applied over 30 months and they state very clearly that if you drop your line you're on the hook for the credits. The only thing I'm not clear on is if you buy a 12 and pay full price then sell the phone in a year or two. I would imagine they'd still keep applying the credits but it's not clear. Any thoughts on this?
Click to expand...
Yeah I believe they will keep metering out the credits for the 30 months as long as you keep the line active (obviously with a different phone if you're talking about selling the one you're getting credited for). One exception may be if you take a new offer from T-Mobile in the future before the credits run out. Not sure on that.
 
Yes if you pay off the phone in full, the credits still keep coming in and you are free to do what you want with the phone after it's paid off. They'll also unlock it for you after you pay it off.

Keep in mind you'll have to buy the phone on monthly payments to qualify for the credits, but you can pay it off after you start receiving those credits within a month or 2.
 
mnsportsgeek said:
Yes if you pay off the phone in full, the credits still keep coming in and you are free to do what you want with the phone after it's paid off. They'll also unlock it for you after you pay it off.

Keep in mind you'll have to buy the phone on monthly payments to qualify for the credits, but you can pay it off after you start receiving those credits within a month or 2.
Click to expand...

Oh shoot...I didn't even notice that you have to buy it on an equipment installment plan. Are you sure they let you pay that off early?
 
bbates123 said:
Oh shoot...I didn't even notice that you have to buy it on an equipment installment plan. Are you sure they let you pay that off early?
Click to expand...
Yes you can but you need to wait a month or two to ensure the credits start applying. Call and tell them you want to pay off the EIP or you may even be able to do it online in your account (it’s been awhile so I don’t recall exactly).
 
Yep, I called Tmo and that's basically what the guy said. And he assured me that after it's paid off in full I can request an unlock and sell it at any time and the credits will keep coming.
 
Where did you hear about the extra $200 for long time customers? I got an email today about getting $415 for my XR. If I can get another $200 I might spring for the ProMax.

I also hope I can get these deals in-store. I'd rather go in and walk out with one and give them my trade-in than deal with the mail. I'd also prefer to buy it outright, but I'll "finance" it to get credits and then just pay it off.
 
Scroll down to the loyalty offer section in this link:

Apple iPhone with 5G offers

The new Apple iPhones with 5G are here and we've got some amazing deals to get you hooked up so you can use them on our amazing 5G network—the first, and still largest, Nationwide 5G Network wi
www.t-mobile.com
 
Well I was on the phone with customer service for a while today. It seems I can only get the trade-in deal if I use the EIP, which I don't want to. I'm going to wait until they're released in-store and try there. I just want my $415 to apply towards the purchase price and I want to pay in full. Then I'll still get the additional $200 in the form of a gift card.

Guess worst case I'll do the EIP, then pay it off, and then my bill will be ~$20 cheaper for 30 months instead of being ~$20 higher?
 
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