The release of new iPhone 14 models is upon us and so if you’re planning to upgrade, you might already be considering the best option to sell your old phone in exchange for cash to get a new one.
You might want to look into Apple’s Trade-In program as it enables you to trade in your iPhone for cash toward a new phone or your monthly carrier payments, whether you do it in-person or online.
Here is all the information you require regarding Apple’s Trade-In program.
What is the Trade In program at Apple?
Apple offers a program called Trade In where you can trade in your old gadgets for credit that may be applied to a new one.
Does this have anything to do with the iPhone Upgrade Program?
No. With Apple’s iPhone Upgrade Program, you can pay off the full price of an iPhone over a 24-month period. When you turn in your old phone after 12 payments under that scheme, you’re qualified for an iPhone upgrade.
How does it function?
Apple has made it simple to trade in a qualified device at a store or online. Simply respond to a few questions about the manufacturer, model, and state of your gadget. Apple will offer an approximate trade-in value or a straightforward method of recycling it.
Apple will give you an immediate credit against a purchase or a gift card that you may use at any time if you accept the trade-in estimate in the shop.
Apple will schedule for you to give them your old gadget if you accept the trade-in estimate when you buy a new Mac, iPhone, iPad, or Apple Watch online. Apple will check it out and see how it is once they get it. If everything works well, they will provide you with any remaining amount on an Apple Gift Card and credit your original payment method.
Apple can also make arrangements for you to return your old gadget to them if you decide to exchange it for a gift card online. Once everything is in order, they will issue you an Apple Gift Card.
Regardless matter how you decide to trade in, a new estimated trade-in value will be given if the state of your gadget doesn’t match what you indicated. You will have the choice to accept or reject this updated quote. Your gadget will be returned to you for free if you reject it. How much will I get for my trade-in?
How much will I get for my trade-in?
Depending on the make, model, manufacturer, and state of the item. You’ll probably receive the entire amount of the projected refund if you provide accurate answers to a few questions and ship the item to Apple within the allotted time frame.
Remember that Apple must receive your gadget within 14 days of initiating the trade-in, and it must be in the same condition that you described to them.
Apple will give you a new estimate if the device’s state differs from what you stated. Either you accept it or you reject it. If you agree to it, they will proceed with the trade-in and either charge or credit the card you supplied with the value difference. If you decline it, the trade-in will be canceled, your current device will be returned, and the original trade-in value will be charged to your card. No matter what, Apple will provide you updates on the status of your trade-in so you’ll always be aware of what’s going on.
How do I return my gadget?
Visit the Apple Trade In website to get started and choose your trade-in device to receive an estimate. You can ship in your device for free for online trade-ins, and if you previously paid in full for it, Apple will use the money as a credit toward your purchase. The estimated trade-in value will be deducted from the final price of your new iPhone if you are utilizing Apple iPhone Payments. The price will be modified if it transpires that the real worth differs from the estimate. You will be given a gift card for the value of your old handset if you choose to trade it in even though you haven’t bought a new iPhone yet.
Can I exchange any iPhone?
Not quite. Apple only recognizes the iPhone 6 and the original iPhone SE models through the iPhone 11 Pro Max for its in-store Trade In program. You can trade in other recent cellphones or Apple products, but Apple will only accept iPhones from certain manufacturers.
How much is an iPhone actually worth?
The maximum trade-in value for each qualified iPhone is broken down by Apple as follows:
First-generation iPhone SE: up to $30
Up to $210 for the iPhone SE (second generation).
iPhone 6: Up to $30
iPhone 6 Plus: $50 and above
Up to $60 for an iPhone 6s
Up to $80 for the iPhone 6s Plus
Apple iPhone 7: Up to $100
Up to $140 for the iPhone 7 Plus
Apple iPhone 8: up to $140
Up to $210 for the iPhone 8 Plus
Up to $250 off an iPhone X
Up to $250 off an iPhone XR
Up to $300 for the iPhone XS
Up to $370 for the iPhone XS Max
Up to $350 for the iPhone 11
Up to $450 for the iPhone 11 Pro.
Cost of the iPhone 11 Pro Max: $500
Both Apple and Brightstar make clear that the iPhone you trade will be assessed based on a number of factors, such as whether or not the device powers on, damage (natural wear and tear is OK), and whether it has sustained liquid damage. The full value of the trade-in you receive for your iPhone will depend on how well it performs in its appraisal.
Do they only accept iPhones at Apple Trade In?
No. More current iPads, Macs, and Apple Watch Series 1–5 models can all be traded in for a respectable credit. Here is how iPads are divided:
iPad mini: $175 and up
Up to $210 for an iPad Air
$200 for an iPad
iPad Pro: $500 or more
Mac mini: $980 and above
Mac Pro: $1,490 or more
iMac: $1,390 or more
iMac Pro: $3,580 and up
MacBook: $450 or more
MacBook Air: $670 or more
MacBook Pro: $1,760 and above
First series: up to $30 Second series: up to $60
Up to $85 for Series 3
Up to $145 for Series 4
Up to $190 for Series 5
Non-Apple or devices not on this list are not currently eligible for trade-ins, but you may still submit them to Apple and they will recycle them for free.
Do I need to buy a new iPhone with my credit?
According to Apple, you can use your credit to pay for a new iPhone in full or to reduce the monthly payments you must make to your carrier for the handset.