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.
Source: iPhoneincanada
Luke Dormehl is a U.K.-based journalist and author, with a background working in documentary film for Channel 4 and the BBC. He is the author of The Apple Revolution and The Formula: How Algorithms Solve All Our Problems … and Create More, both published by Penguin/Random House. His tech writing has also appeared in Wired, Fast Company, Techmeme and other publications.
4 responses to “Apple slashes maximum iPhone trade-in value to $225”
This is why you sell it yourself on Craigslist or Ebay and not through Apple. If you want to resell your old iPhone, you maximize your profit by selling it yourself and not doing a trade in.
bingo! I always wondered why people “GIVE” their stuff away. I definitely don’t dump mine for half it’s worth (give or take) I know some don’t want to mess with it but I’d rather give it to someone who will sell it for me (if I didn’t want to mess with it) and pay them a cut for their time than dump it for an insanely lower price.
You can also trade-in your old phone on a trade-in site like uSell. They pay cash and you can lock in your price for 30 days..
BUT, they still don’t pay much and nowhere near it’s value on eBay or Craigslist etc.