Apple has recently revised its trade-in estimates for a number of devices in the United States, including select iPhone, iPad, Mac, Apple Watch, and Android smartphone models. This revision has led to an increase in value for some devices, while others have seen a reduction.
Shifts in trade-in values
The trade-in values for many newer models, such as the iPhone 13 and iPhone 13 Pro Max, alongside the latest iPad Pro, iPad mini, MacBook Pro, and MacBook Air models, have seen a rise of $10 or $20. Apple Watch SE models have also experienced an increase of up to $10, while the Apple Watch Series 6, Apple Watch Series 5, and 12-inch MacBook values have seen a moderate boost of up to $5.
On the other hand, certain older Apple devices, including the iPhone X, iPhone 8, and iPhone 8 Plus have experienced a decline in their trade-in values by up to $10. Android smartphones saw a more pronounced drop in value. The Mac Studio value took a plunge of up to $75, following the launch of the second-generation model that comes equipped with M2 Max and M2 Ultra chips earlier this month.
Completion of trade-ins
You can carry out trade-ins either online on Apple’s website or at any physical Apple retail store. The resulting credit can either be used towards purchasing a new Apple product or added to an Apple gift card. For a full list of device trade-in values, you can refer to Apple’s official trade-in page.
What does this mean for consumers?
These adjustments in trade-in values showcase Apple’s ongoing attempts to balance the trade-in market. They seem to reward owners of newer devices while encouraging those with older ones to upgrade. However, it’s clear that the value of Android devices in Apple’s estimation is falling.
We’re interested in hearing your thoughts on these trade-in value changes. How do you feel about Apple’s revisions? Do these shifts in values impact your decision to upgrade your device? Share your thoughts and experiences with us in the comments below!
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