Buyers thinking about trading in their old devices to get the latest Apple products can now take advantage of enhanced trade-in values. Apple notoriously undervalues products that users return, both Apple products and especially non-Apple products. Typically, users can get more value from the resale market, but that comes with its own risks. People who do choose to trade in their devices with Apple will notice that the company routinely changes the trade-in values associated with its products. Most often, the values decrease over time. However, there are some times when Apple will increase the values to entice buyers to upgrade.
The change is being presented to users front-and-center on Apple's homepage. Right under the site's main menu, users will spot a banner explaining the promotion, which applies to the iPhone 11 and newer. Apple says that buyers can get a $200 to $600 credit when trading in an iPhone 11 or newer, but the exact figure will vary by device condition and model. Beyond just iPhones, taking a look at the full Apple Trade-In page shows that a few other products received a boost as well. Select MacBooks, iPads, and Apple Watches also have increased value.
New Trade-In Values For iPhone, Mac, & iPad
The increased trade-in values mean that four iPhone models are now worth more. The iPhone 13 Pro Max receives up to $600 credit, the iPhone 13 Pro receives up to $500 credit, the iPhone 12 Pro Max receives up to $420 credit, and the iPhone 7 Plus receives up to $60 credit. Previously, the smartphones received $570, $470, $400, and $50 credit, respectively. The values represent the highest possible amount the model offers in place of store credit, either towards a new product or a gift card.
Apple has made changes to the MacBook lineup, but not all the alterations are positive. The Mac Pro's trade-in value remains the same, receiving up to a $1,250 credit. However, the iMac Pro's trade-in value decreases from up to $600 to up to $575. All other models — including the MacBook Pro (up to $670), MacBook Air (up to $460), MacBook (up to $110), iMac (up to $530), and Mac mini (up to $345) — received slight increases in value.
In the iPad lineup, two models' trade-in values remains the same – the iPad Pro and the iPad mini. The former's trade-in value is set at up to $445, while the latter's is set at up to $240. The iPad Air's trade-in value increases by nearly a hundred dollars, growing from up to $230 credit to the current up to $320 credit. Standard iPads have received a slight bump from up to $160 to up to $165.
On the Apple Watch side, the Apple Watch Series 6 retains the same trade-in value of up to $105. However, the Apple Watch SE (up to $70), Apple Watch Series 4 (up to $50), Apple Watch Series 5 (up to $80), and Apple Watch Series 7 (up to $165) have all received value increases. Apple's new rates still fall short of resale values on the secondary market, but trading in a device will get buyers a sizable value in store credit.
Source: Apple