If you had an old iPhone you planned to trade in for a discount with Apple, you may have missed the chance to maximize your reimbursement. That’s because Apple has slashed the maximum value for old handsets on its iPhone trade-in program to $225 — representing a decrease of $45.
The change is reportedly set to come into effect at Apple Stores in the U.S. and Canada, and will likely roll out to other international retail venues after that. So far, Apple’s iPhone trade-in scheme operates at retail stores in the U.S., United Kingdom, Spain, Germany, France, and Italy.
While you’ll likely get more money for your old iPhone through a private sale on eBay or Craigslist, the Apple cash-in option is an easier, less time-consuming way of selling the device. Just be aware that you’re not getting the best possible deal for it — and now less than ever!
Apple’s next generation iPhone 6 is set to arrive this fall, likely sporting a larger screen, A8 processor, curved edges, repositioned on/off switch, and various other under-the-hood improvements.
Details of Apple’s “Reuse and Recycling” program can be seen here.