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Apple Slashes Trade-In Value Ahead of iPhone 14 Launch

Justin Duino / Review Geek

If you were hoping to get a good trade-in value for your old iPhone—tough luck. Apple quietly adjusted the maximum trade-in rates for all of its devices, including the iPhone, iPad, Mac, and Apple Watch.

Apple probably made this change to prepare for the iPhone 14. Analysts like Ming-Chi Kuo state that the new iPhone is on track to launch this September, and leaks indicate that it will be the first new iPhone without a notch.

Here are Apple’s new maximum trade-in rates for select iPhones:

  • iPhone 12 Pro Max: $600 (Previously $650)
  • iPhone 12 Pro: $500 (Previously $550)
  • iPhone 12: $400 (Previously $420)
  • iPhone 12 Mini: $300 (Previously $320)
  • iPhone SE (2nd generation): $140 (Previously $150)
  • iPhone 11 Pro Max: $400 (Previously $420)
  • iPhone 11 Pro: $300 (Previously $350)
  • iPhone 11: $230 (Previously $300)
  • iPhone XS Max: $220 (Previously $250)
  • iPhone XS: $170 (Previously $200)
  • iPhone XR: $160 (Previously $200)
  • iPhone X: $150 (Previously $170)

A full list of Apple’s trade-in offers are available at the company’s website. Until the iPhone 14 launches, Apple will not accept iPhone 13 trade-ins.

To be clear, this change isn’t unusual. Smartphones and laptops grow less valuable as they age. Adjusting maximum trade-in value before launching a new product just makes sense, and Apple does it every year.

The trade-in rates offered by Apple have never been generous. Reselling is usually the best way to maximize an old Apple product’s value. But trading a device with Apple ensures that you don’t get scammed. You just mail the device with Apple’s pre-paid kit or take it to an Apple Store.

The 4 Best iPhones of 2023

Best Overall
iPhone 14
Best Midrange
iPhone 12
Best Premium
iPhone 14 Pro Max
Best Small
iPhone 13 Mini

Source: Apple via MacRumors

Andrew Heinzman Andrew Heinzman
Andrew is the News Editor for Review Geek, where he covers breaking stories and manages the news team. He joined Life Savvy Media as a freelance writer in 2018 and has experience in a number of topics, including mobile hardware, audio, and IoT. Read Full Bio »