Best Buy Offers Half Off iPhone 5 In New Trade-In Deal

Half off ain't half bad.

Half off ain’t half bad.

Best Buy is now offering 50% off an iPhone 5 (16G or 32G) for customers who bring in a working iPhone 4 or iPhone 4S this weekend. The retailer announced that the deal, which requires a two year activation, starts tomorrow and will last through Monday.

The deal includes a guaranteed $100 credit on the iPhone 5 16G model, with a minimum of $150 off the 32G model, when an eligible iPhone 4 or 4S is traded in.

With the 16G model regularly coming in at $199 and the 32G model typically retailing for $299, that’s a significant deal for trade in customers, though the two year contract automatically kills any chance of upgrading to the rumored iPhone 5S or 5C at a subsidized price.

Apple is expected to announce its new iPhone 5 models in the next couple of weeks, so the Best Buy deal makes sense as a stock-clearing business move. If you’re in the market for an about-to-be-old-news iPhone 5 for a significantly reduced price, this Best Buy deal may be your best bet.

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About the author

Rob LeFebvreAnchorage, Alaska-based freelance writer and editor Rob LeFebvre is Cult of Mac's Culture Editor. He has contributed to various tech, gaming and iOS sites, including 148Apps, VentureBeat, and Paste Magazine. Feel free to find Rob on Twitter @roblef

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