Buyers considering exchanging their old device for the latest Apple products can now take advantage of enhanced trade-in values. Apple has been known to underestimate the value of products returned by customers, both Apple products and especially non-Apple products. Normally, users can get more value from the resale market, but this comes with its own risks. Those who choose to trade their devices with Apple will find that the company frequently changes the exchange values associated with its products. In most cases, these values decrease over time. However, there are times when Apple will increase the value to entice buyers to upgrade.
Changes will be visible to users in a central location on Apple’s home page. Below the main menu of the site, users will see a banner explaining the promotion, for iPhone 11 and newer models. Apple says buyers can get a credit of $200 to $600 for the purchase of an iPhone 11 or later, though the exact number will vary depending on the device’s make and model. In addition to the iPhone, a full look at Apple’s Exchange page shows a number of other products that have also received a price increase. The value of some MacBooks, iPads, and Apple Watches has also increased.
New Exchange Offers for iPhone, Mac and iPad
The increase in trade-in value means that the four iPhone models are now worth more. Get up to $600 in credit on iPhone 13 Pro Max, up to $500 in credit on iPhone 13 Pro, up to $420 in credit on iPhone 12 Pro Max, and up to $60 in credit on iPhone 7 Plus. Previously, smartphones received credits of $570, $470, $400, and $50 respectively. These values represent the highest amount that can be offered by the model in lieu of store credit for new products or gift cards.
Apple has made changes to the MacBook line, and not all of them have been positive. The Mac Pro trade-in value remains the same, with up to $1,250 in credit. However, the iMac Pro’s trade-in value has dropped from a maximum of $600 to a maximum of $575. All other models — including MacBook Pro (up to $670), MacBook Air (up to $460), MacBook (up to $110), iMac (up to $530) and Mac mini (up to $345) – are up slightly .
In the iPad line, the trade-in value remains the same for two models — iPad Pro and iPad mini. The exchange value for the former is set to a maximum of $445, while the latter is set to a maximum of $240. The exchange value for the iPad Air has increased by nearly $100, from a maximum credit of $230 to a current maximum of $320. The price of the standard iPad has increased slightly from $160 to $165.
On the Apple Watch side, Apple Watch Series 6 remains the same exchange rate, up to 105 USD. 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) are all enhanced in value. Apple’s new rate is still below secondary market resale value, but the device deals will give buyers significant store credit value.
Source: Apple