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What's the procedure for trading in S3?

If apple Had any interest in protecting the used price market for the current Apple watch 3 owners apple would have offered Apple Watch two instead of three alongside of Apple Watch 4
edhchoe said:
Mine is GPS 38mm which is $279 brand new now at Apple.
Trade in offer is $175.
If I sell it for $200 on ebay, the fee is $20, shipping is $8 and I am left with $172.
I doubt I will get more than $210 at most on ebay.
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