Apple has lowered trade-in prices for older iPhone and Watch models. Android smartphones accepted as part of the trade-in program have also had their trade-in prices reduced. At the same time, trade-in prices for some older MacBook models have been increased.
The iPhone 13 Pro and Pro Max get the biggest price cuts at $80 trade-in, while the MacBook Pro is $40 more. Interestingly, the iPhone 7 Plus only lost $10, while all iPad models remained the same. The Apple Watch SE, Series 5, and Series 7 are also $5 off the trade-in price. You can find the full list on Apple’s website, but here’s the latest list of trade-in prices courtesy of MacRumors:
iphone
iPhone 13 Pro Max: up to $570 (vs. $650)
iPhone 13 Pro: Up to $470 (vs. $550)
iPhone 13: Up to $400 (vs $450)
iPhone 13 mini: up to $350 (vs. $380)
iPhone 12 Pro Max: Up to $400 (vs. $480)
iPhone 12 Pro: Up to $330 (vs. $400)
iPhone 12: Up to $300 (vs. $300)
iPhone 12 mini: Up to $250 (vs. $250)
iPhone SE (2nd generation): Up to $100 (vs. $100)
iPhone 11 Pro Max: Up to $280 (vs. $330)
iPhone 11 Pro: Up to $230 (vs. $250)
iPhone 11: Up to $200 (vs. $200)
iPhone XS Max: Up to $200 (vs. $200)
iPhone XS: Up to $160 (vs $160)
iPhone XR: Up to $150 (vs $150)
iPhone X: Up to $130 (vs. $130)
iPhone 8 Plus: Up to $100 (vs $100)
iPhone 8: Up to $75 (vs. $75)
iPhone 7 Plus: Up to $50 (vs. $60)
iPhone 7: Up to $40 (vs. $40)iPad
iPad Pro: Up to $445 (vs. $445)
iPad Air: Up to $230 (vs. $230)
iPad: Up to $160 (vs $160)
iPad mini: Up to $240 (vs. $240)Mac
MacBook Pro: Up to $670 (vs. $630)
MacBook Air: Up to $460 (vs. $440)
MacBook: Up to $110 (vs. $100)
iMac Pro: Up to $600 (vs $600)
iMac: Up to $530 (vs. $530)
Mac Pro: Up to $1,250 (vs $1,250)
Mac mini: up to $340 (vs. $305)apple watch
Apple Watch Series 7: Up to $160 (vs. $155)
Apple Watch Series 6: Up to $105 (vs $105)
Apple Watch SE: Up to $65 (vs. $70)
Apple Watch Series 5: Up to $75 (vs. $80)
Apple Watch Series 4: Up to $45 (vs. $45)
It hasn’t been a great year for smartphone sales. Global smartphone shipments plunged to their lowest level since 2013 in the fourth quarter of 2022. IDC attributes this to a significant drop in consumer demand, inflation, and economic uncertainty.
Meanwhile, the demand for pre-owned smartphones globally will soar in 2022, with IDC forecasting a compound annual growth rate of 10.3% through 2026.
Apple says its trade-in program helps recycle old devices. However, the rapid upgrade cycle in recent years combined with declining values doesn’t motivate people to buy newer models.
Source: Apple via MacRumors