There are millions of loyal iPhone users and they all have one thing in common – they want the latest and greatest technology from Apple. The first iPhone was originally released and each new model comes with some exciting new upgrades. If you plan to upgrade your iPhone, you cansell your old iPhone to subsidize the costs. There are several ways to sell your iPhone, but trade-in programs are becoming increasingly popular. Let's take a closer look.
What is the iPhone trade-in program?
The iPhone trade-in program is exactly what it sounds like - trade in your phone so you canupgrade to the latest model.In exchange for your old iPhone, you get credit toward the purchase of a new device.
There are three main types of iPhone trade-in programs that you should know about.
Carrier Trade-In programi (Verizon, AT&T i Sprint)
Mobile service providers are the creators of transaction programs. Popular carriers like Verizon, AT&T andI'm runningRealize that most people only need one phone, so use trade-in programs as an incentive for customers to upgrade.
Each of these programs has its own unique restrictions on device types and exchange frequency. For example, it's common for carrier plans to allow replacement and upgrades every two years. Most carriers will accept relatively new devices, but it will be harder to sell older phone models.
Of course, with carrier trading programs you are tied to a specific carrier. If you prefer to go straight to the source, you may like Apple's iPhone Trade-in Program better.
Trade-in program for Apple iPhone
Apple offers its own subsidized trade-in programupgrade cost.
Transaction values vary, but here is an example of recent transaction values:
When you trade in your phone to Apple, you can save on the monthly price of the latest iPhone model. You can use Apple's plan with all major carriers (AT&T, Sprint, T-Mobile, and Verizon).
Get cash for your used iPhone We buy back used and cracked iPhones at the highest price! Take advantage of free shipping, a 14-day price lock and a best price guarantee. SELL YOUR IPHONE
companies that buy the iPhone
Last but not least, you can sell your phone in onean iPhone buyback company. Redemption programs are run by third-party companies not directly affiliated with Apple orcell carriers.
Customers can get an online quote, send it to their phone and get paid. Trade-in programs typically offer the most flexibility because they buy a wider range of device models and conditions. Redemption programs also do not require an in-place upgrade.
While an Apple or carrier-sponsored trade-in program will generally require you to upgrade your device, buyback programs do not include this provision. This gives customers the flexibility to switch between carriers and phone models.
The Pros and Cons of the iPhone Trade-In Program
iPhone trade-in programs have become the new norm. The question is, are they worth it?
The main advantage of these programs is practicality. By trading in your phone, you don't have to look for buyers or, even worse, leave it sitting in your old cell phone drawer. However, this convenience comes at a price (literally!).
We've seen cell phone prices skyrocket since commercial plans became widespread. Instead of paying for the phones in full, users typically pay a monthly fee similar to a subscription. Because the full price of the phone is split over two years of monthly payments, companies can charge more for the phone itself. While $750 is a steep price for a smartphone, $32 a month seems more affordable.
Here are the main pros and cons of using an iPhone trade-in program:
- Instant offers
- More frequent upgrades
- The price of the phone is divided into monthly installments
- Lower payouts than traditional sales methods
- Higher phone prices
- Less flexibility to switch between providers (on mobile plans)
Which Apple iPhone models can I exchange?
The short answer is - it varies. Each program has its own rules. If you have a newer iPhone, most trade-in programs will likely accept it. If you have an older iPhone, you may need to do some additional research.
For example, Apple'sThe iPhone Trade-In program only accepts iPhone 6smodels and more.
Transaction value is another consideration. Just because youcanreplacing your phone doesn't mean you have to. For example, Verizon accepts the iPhone 5S and later, butprice of iPhone 5Svalued at only $10.
If you have an older device or one that shows wear and tear, online shopping programs will be your best bet. These companies buy a wider range of devices and even broken phones.
What is the trade-in value of my iPhone?
The trade-in value of your iPhone will depend on three main things:
- Exchange program
Newer iPhone models are always worth more. While you might get a few hundred dollars for a newer iPhone like the 8 or XS, you probably won't get more than $100 for an older model like the iPhone 6.
Condition is another factor in the value of your phone. If you have a brand new phonethe balance will be worth much morebut a phone with a cracked screen.
Of course, there are no general price lists, so you'll have to shop around for the best deals. The trade-in program you choose will ultimately determine the price you get for your phone. For example, at the time of writing, Apple values iPhone 6 models up to $100, Verizon values them up to $60, and Buyback Boss values them up to $120.
Trade-in vs. sales programs
As mentioned above, trading programs have become the norm, but you still have an optionsell your iPhoneusing traditional methods. You can sell your iPhone on eBay, Craigslist, and other marketplaces. Of course, most of these methods involve additional costs, such as registration fees and shipping costs.
Still, you might want to check your options to make sure you're getting the absolute biggest payout. Luckily, we've done some of the work for you!
Online iPhone Trade-In Program Comparison
We've compiled a list of every online option fortransactions on your iPhonein a nice article.
Yes, yes, we know what you're thinking "But why should I trust you?". You don't have to trust us, we just make it easier to find the competitors you're looking for.
Exchange– A great option if you have a little more time to create your post and are willing to wait for your iPhone to sell. Generally speaking, this is one of the best ways to get the best price for your iPhone.
Swappa will not provide a prepaid tag so you will have to pay for shipping, just a heads up! The price you get after fees is generally very similar to eBay. If you are deciding between eBay and Swappa, choose Swappa!
Note:Swappa does not accept damaged devices, so it will not be an option if your device has debris, cracks or any functionality issues.
Verizon– Trading in your iPhone for Verizon is one of the most convenient options, but the prices are not competitive. Verizon knows it has convenience on its side and is taking advantage of it. Also, keep in mind that they pay with store credit, so you won't get cash with this option.
apple– Apple Trade In is the same story as Verizon – convenient, but you will be paid in credit at a lower value.
BuybackBoss.com– The best choice if you are looking for a happy medium between practicality and price. You'll get a bit of a price cut compared to eBay or Swap, but the process is simple and we provide you with an instant quote and a pre-paid shipping label. Just drop the package in your mailbox and receive a check or PayPal payment in a few days.
It's worth more– Another great option that bridges the gap between convenience and price. ItsWorthMore has a similar online bidding system with guaranteed bids, but their prices are slightly lower than the Buyback Boss bids. We have nothing but good things to say about ItsWorthMore though – they seem to be running a great company.
Decluttr– Decluttr is another “Online Buyback” platform, but they also buy a bunch of other stuff like CDs and DVDs. Although some of their online offers often seem high, the user experience is not the best. They have a much lower Trust Pilot rating than most, so we wouldn't recommend them.
how did yousells a broken iPhone– Decluttr has some of the lowest prices, so if you're going to consider them, make sure you only do so if you're selling something that falls into the "Used" category.
The gadget is gone- These guys have consistently competitive prices and we know their team - a great team of people. We recommend using them if you decide not to do the Buyback Boss.
Note:We offer a price match guarantee and will price match any GadgetGone.com offer.
Taking over the world– We recommend them with caution as some reviews have shown that they have caused long delays in processing time. Also, their offers are generally not very competitive.
Gazela– A well-known industry leader, but their prices are 20-40% lower than others.EcoATM
-ONLY. DO NOT. I'M WORKING. THE. Not to be dramatic, but this is the worst option for selling your device. Their prices are insanely low. Yes, it's incredibly convenient, but is it worth losing hundreds of dollars to get paid a few days early?
MaxBack- There is not much to say here. Their offers are not that competitive and we have no experience with their customer support team.
ShopMore– Their deals can be decent at times, but we are concerned about the level of customer service here. I believe this site is owned by Verizon - so it will be more of a corporate experience where it's hard to talk to someone.
SellShark– An excellent choice foriMac and Macbook sales. We know their team and they are all very friendly.
eBay– eBay is a great option if you know what you're doing. However, with so many scammers on eBay, you seriously need to have some eBay experience to make sure you don't lose your payment entirely. If you are very experienced on eBay and are willing to put in the time to post, send phone calls, etc. – this is a great choice. Otherwise we would not recommend this route.
Sell your Mac– Another great option for selling your iMac or Macbook. iPad and iPhone prices will not be competitive because they specialize in large format devices. We know that the owner and his team here prioritize high levels of customer service. IfSale of iMac or Macbook,check them out - they will give you a personal exchange experience.
BuybackTronics– Similar to MaxBack, we don't know much about them. It is detailed and shows all possible options.
Clymen– We don't know much about them, but in general their prices seem to be decently competitive.
For sale- There are often great prices here, but USell works with a variety of companies - some with no experience in the retail industry.
Being a buyer through USell does not require you to have your own trading site, so whoever you send your phone to may turn out to be malicious. It might be worth the risk in some cases, but it's probably not worth the risk for a few extra bucks.
iGotOffer- We tested their process ourselves and it goes smoothly. Their customer service is not very personal and mostly automated, but their prices are decent. You probably won't get the best price or service through them, but they are a legitimate business that will pay you on time.
SellCell– Great place to compare exchange options. We work with them. Our only warning here is to be wary of very new companies in the industry that have extremely high prices. Be sure to check companies first and confirm they have high Trust Pilot ratings. There are too many good options for selling your iPhone to risk it for a few extra bucks!
TheWhizCells- I'm adding them to the list to be as detailed as possible, but we don't know much about their team. Their prices are generally quite competitive.
The best trade-in programs for iPhone
- Higher price (added time to create ad): Swappa.com
- Best value (especially for cracked devices):BuybackBoss.com
- Best Value (Close 2nd'mali):GadgetGone.com, ItsWorthMore.com
- The best places to sell iMacs and
- Macbooks:SellYourMac.com & SellShark.com
- No, please don't:EcoATM
Share your experience in the comments (good or bad) and we will continue to update this post for the highest level of accuracy. We want you to have the best experience possible when selling your iPhone, even if Buyback Boss isn't for you!
Using Apple's trade-in system is also often one of the best ways to maximize the return on your investment, as Apple often offers the highest prices for its products. That being said, it's always best to check other third-party trade-in services as they may offer better deals from time to time.What is the most you can get for Apple trade ins? ›
Get $20–$305 when you trade in an Android device.footnote¹Where is the best place to sell new iPhone? ›
- Decluttr. Lightning-fast quotes. ...
- BuybackBoss. Super-easy to use. ...
- GadgetGone. Good reviews and trade-in prices. ...
- Gazelle. ...
- Apple. ...
- Best Buy. ...
- Craigslist. ...
- Facebook Marketplace.
Traditionally anyone that walks into a store is not thinking about negotiating the price… but when comes to TRADE IN… YOU CAN! According to apple policy you're allowed to negotiate with the salesman to get the best value and buy a new phone!How does Apple decide trade in value? ›
Once your item is received, the experts over at Apple will evaluate your gadget's condition. If their assessment doesn't match what you initially described, your device's trade-in value will be adjusted accordingly. From there, you can accept the offer and receive credit to be used online or in-store.How much can I get to trade in my iPhone 13? ›
|TODAY'S BEST iPhone Trade-in Values|
|iPhone 13 Pro Max||$819.00||Compare|
|iPhone 13 Mini||$439.00||Compare|
|Device||Max Price||Min Price|
|iPhone 11 Pro||$348.00||$3.00|
|iPhone 11 Pro Max||$416.00||$1.00|
|* Best market prices updated June 2nd 2023|
|New value||Old value|
|iPhone 13 mini||$350||$380|
|iPhone 12 Pro Max||$400||$480|
|iPhone 12 Pro||$330||$400|
If you're at an Apple Store, the process is similar except everything happens right there on the spot. You can even take advantage of the program if you're not ready to upgrade but want to get some old tech out of your home—you'll go through a similar process on Apple's Trade In site and receive a gift card.Is it safe to trade in my iPhone? ›
A Safe Refurbishing Process for the Next Owner
Only Apple has the capacity to use completely original parts meant for the device and seal it with a manufacturer's warranty. If you care about giving your old iPhone a longer life, then trading it in with Apple might be your best shot.
You can trade in many different Apple devices for trade-in credit or an Apple Gift Card. If your device isn't eligible for any trade-in value, you can still recycle it with Apple for free.How do I wipe my iPhone before selling it? ›
Go back to Settings and tap General > Transfer or Reset [device] > Erase All Content and Settings. If you turned on Find My [device], you might need to enter your Apple ID and password. If your device uses eSIM, choose the option to erase your device and the eSIM profile when asked.How much are iphones worth for trade in? ›
|New value||Old value|
|iPhone 12 Pro||$330||$330|
|iPhone 12 mini||$250||$250|
|iPhone SE (2020)||$100||$100|
To automatically offload apps, go to Settings > App Store > Offload Unused Apps. To manually offload apps, go to Settings > General > iPhone Storage > Offload Unused Apps. To reinstall an offloaded app, tap on the app icon to download it again.Why is Apple Care cheaper at Costco? ›
AppleCare allows Apple product buyers to get help making repairs to their products over time — from AirPods to an Apple Watch that's malfunctioning — even if it's beyond its warranty period. Since Costco purchases items like this in bulk, it may be able to provide its customers with better pricing for AppleCare.Is there an advantage to buying directly from Apple? ›
Greater availability: You can buy an iPhone immediately in your choice of color and storage capacity at one of 272 Apple Store locations in the U.S. or have it shipped to you for free. Depending on your location, you might even be able to get 2-hour delivery.Does Apple accept broken iphones for trade in? ›
Also yes. The only way to get any trade-in value from Apple is to fix your damaged iPhone and then trade it in. Apple offers repair services for those in need, so you definitely can get your damaged iPhone screen fixed through them. However, getting the screen repaired by Apple typically costs about $150.Does iPhone color affect trade in value? ›
Resellers may not need to worry as much about color, unless they can identify trends in their own sales. Remember, iPhone resale value depends a lot more on the battery, the condition of the handset, and the generation.Is the iPhone 14 worth it? ›
The bottom line: If you're still holding onto your iPhone 7, there's no question that you're due for an upgrade. A better screen, compatibility with iOS 16, longer battery life and more advanced cameras are just a few of the gains the iPhone 14 has to offer over the iPhone 7.What happens to a phone when you trade it in? ›
The buyer will refurbish the phone to bring it back to like-new condition. They might use spare parts from other phones, or third-party parts. These can include things like new screens, new buttons, and new batteries.
How much the iPhone 14 costs. There are three options when it comes to picking up the base iPhone 14, depending on how much internal storage space you want. The iPhone 14 is offered with 128GB, 256GB, and 512GB for $799, $899, and $1,099, respectively.What is the best resale value for iPhone 13? ›
Sell Used Apple iPhone 13 128 GB
Your device's resale value in perfect condition will be between 34000 INR and 43000 INR. For the best price, be sure to fill out the quote form completely. The iPhone should bring you anywhere between 26000 INR and 34000 INR if it is in good shape and shows little sign of use and wear.
You should still wait. Apple usually reduces the prices of previous iPhone models when introducing new models, just like it did with the iPhone 12 last year. The 64GB iPhone 12, for example, got a price cut to $700 from $800 after the iPhone 13 was announced. The iPhone 11, meanwhile, dropped to $500 in 2021.What does Apple do with trade in phones? ›
Apple Trade In lets you recycle your iPhone (and some Android smartphones), iPad, Mac, or Apple Watch for cash that you can use in-store. The money can be used in exchange for a new purchase or can be applied as credit on a gift card to be used at a later date either in-store or online.How long does it take to trade-in an iPhone? ›
How quickly should I return my device? Your trade-in estimate is valid for 14 days after you receive your new device. It's important that we receive your trade-in within this time frame to ensure that you get the estimated value.What is the trade-in value of a iPhone 10? ›
Carrier Unlocked trade-ins are worth $90.00 to $183.00 on average. The top payout you'll get is $167.00 for 64GB and $183.00 for 256GB.How fast do iPhones lose value? ›
iOS 4-year loss summary 2021:
After 4 years, iPhones will lose -47.49% of their initial buyback value, on average. Over 48 months, the average yearly loss of an iPhone retailing at $699 or more is -14.80% of their original trade-in value. The lowest loss was -11.30%, and the largest was -20.50% in year four.
Do i have to make an appointment to trade in my iphone or can i just walk in? Appointments are generally only necessary for Service. Trade Ins and purchases do not require one.Is Apple upgrade program worth it? ›
So, is Apple's iPhone Upgrade Program worth it? The short answer is not really. It costs more than carrier programs – and significantly more than paying in full. Even with AppleCare+, it's not a good deal since it doesn't cover loss and theft (a staple of most carrier insurance plans).What disqualifies a trade-in phone? ›
A phone that has not been properly factory reset, backed up, or shipped in the appropriate manner can delay the evaluation process for your discount and, in the worst case, be deemed as ineligible for any offer.
Trading in your phone, tablet, smartwatch or other device is easy with our Device Trade-in Program. Just tell us the device and its condition and you'll get a new one, instant credit, account credit, or gift card.What should you do before trading in your phone? ›
- Back up the information. Move the items you want to keep or will want to transfer to your new phone to a computer or the cloud. ...
- Wipe the phone memory. ...
- Remove the SIM or SD card. ...
At AT&T, Verizon, or T-Mobile an eligible trade-in can will net you a free iPhone 14, too, again for new customers or existing customers alike, but just those who sign an unlimited contract and choose to pay off the iPhone 14 with an installment plan.How long does Apple trade in program take? ›
You have 14 days to trade in your old device after purchasing new device at Apple Store.How to truly erase everything from your iPhone permanently on trading in? ›
Go to Settings > General > Transfer or Reset iPhone. Do one of the following: Prepare your content and settings to transfer to a new iPhone: Tap Get Started, then follow the onscreen instructions. When you finish, return to Settings > General > Transfer or Reset iPhone, then tap Erase All Content and Settings.Does erasing iPhone delete everything? ›
After you enter your passcode or Apple ID, the iPhone will begin deleting its data, apps, and settings. This process will erase all of your personal information, restoring the phone to its original factory settings.Can a wiped iPhone be recovered? ›
Turn on a new or newly erased iPhone. Do one of the following: Tap Set Up Manually, tap Restore from iCloud Backup, then follow the onscreen instructions. If you have another iPhone, iPad, or iPod touch with iOS 11, iPadOS 13, or later, you can use Quick Start to automatically set up your new device.How much do you get for trading in an old iPhone? ›
|iPhone 13 costs with trade-in|
|iPhone Xs Max||R7,399||R9,599|
Clean up junk files on your iPhone by opening Settings > General > iPhone Storage. Open individual apps to delete downloads and data files. You can also uninstall and reinstall apps to clear your iPhone's junk files and update your apps at the same time.How much does the app clean sweep cost? ›
Wipe out unnecessary files
It is an open-source and lightweight project that you can completely download and use free of charge. CleanSweep is an affordable alternative to paid file remover software like CCleaner and Clean Master.
Touch and hold the Home Screen background until the apps begin to jiggle. To create a folder, drag an app onto another app. Drag other apps into the folder. You can have multiple pages of apps in the folder.Should I trade-in my iPhone with Apple or AT&T? ›
Potentially lower trade-in value: Your current phone might be worth more when you trade it in at a carrier instead of Apple. An iPhone 11 in good shape, for example, has a $200 trade-in value at Apple compared with $800 at T-Mobile and AT&T, thanks to current promotions.When should you trade-in your iPhone? ›
The best time to maximize your trade-in value is usually after two years. After 24 months you can usually still get 25 percent of the phone's value through a trade. In comparison, a two-year-old Samsung Galaxy will typically be worth 20 percent as a trade-in.How much are iphones worth for trade-in? ›
|New value||Old value|
|iPhone 12 Pro||$330||$330|
|iPhone 12 mini||$250||$250|
|iPhone SE (2020)||$100||$100|
iPhone trade-in values decreased by up to $80, and most Android smartphones also went down. Mac trade-in values remained unchanged or increased by up to $40 depending on the model, while some Apple Watch models increased in value and others decreased.Why is iPhone more expensive with ATT? ›
The difference is if you buy the ATT version, you will pay an upgrade fee because the phone comes with a SIM card already setup with your number. The no carrier version does not have a SIM card and you don't get charged an upgrade fee.What should I turn off on my iPhone before trading in? ›
Sign out of iCloud and the iTunes & App Store. If you're using iOS 10.3 or later, tap Settings > [your name]. Scroll down and tap Sign Out. Enter your Apple ID password and tap Turn Off.How long does a trade in take for an iPhone? ›
Generally it takes 2 to 3 weeks. Your trade-in device needs to be sent to us within 14 days of when you receive your new device. The sooner we receive your trade-in, the sooner we can verify its condition and process your credit or gift card. It may take 3 to 5 business days for your credit to be processed.