With just two months to go until the usual timeframe for Apple's iPhone launch events, Apple is cutting back on maximum trade-in values of previous-generation iPhones for those looking to upgrade to a new model.
Maximum values on more recent models have dropped by $30–$50, while older models have generally dropped by $5–$20 with a few models seeing no change in value.
iPhone XS Max: $500 to $450 (down $50)
iPhone XS: $420 to $370 (down $50)
iPhone XR: $300 to $270 (down $30)
iPhone X: $320 to $280 (down $40)
iPhone 8 Plus: $250 to $220 (down $30)
iPhone 8: $170 (no change)
iPhone 7 Plus: $150 to $130 (down $20)
iPhone 7: $120 to $110 (down $10)
iPhone 6s Plus: $100 (no change)
iPhone 6s: $80 to $70 (down $10)
iPhone 6 Plus: $50 to $45 (down $5)
iPhone 6: $30 (no change)
iPhone SE (1st generation): $30 (no change)
Apple uses a trade-in of an iPhone 8 Plus as its benchmark for advertising the net cost of the iPhone 11 on the front page of its website. As a result, the $30 decrease in value of the iPhone 8 Plus has increased Apple's advertised net price of the cheapest iPhone 11 models from $449 to $479. The iPhone 11 starts at $699 without trade-in.
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These prices are a joke. You're better off just privately selling your phone to get more money. But I suppose for those who don't want to deal with the hassle of selling their devices privately, trading in to Apple is the easier route to take.
Convenience, eBay fees, PayPal fees, potential for fraudulent buyer ripping you off, etc. Yeah you’ll usually make some more selling it on your own but for a lot of people it’s not worth the hassle.
Pretty sad scam selling $1000+ FACE ID iPhones that don't even work with a mask. :mad:
You’re using “face” in caps, yet you’re hiding half of your face and still expect it to work? If you don’t care about having a safe authentication I recommend just disable all security on your phone.
This was the exact reason I went ahead and pulled the trigger on the 2020 SE. I figured my X would lose value and what I get for the 2020 SE when the 5.4" 12 launches will be the same (prefer smallest form factor).
Why anybody would trade them in is beyond me, you get more on eBay for a used iPhone.
Hassle free. The second hand market is nothing like it was 4-5 years ago. You can probably get $100 more going eBay or craigslist (not including the XS max), but that isn't worth it to me personally.
