Are you considering upgrading your iPhone this year? Evaluating all available options for selling your current device is crucial. One avenue is through Apple’s Trade In program, allowing you to purchase a new iPhone with a discount based on the trade-in value of your old device. However, recent evaluations show that Apple’s Trade In may not offer the best monetary value, functioning more like a credit toward your new purchase. This article will provide a comparison of the current payouts for iPhones through Apple Trade In and how they have changed in recent months in 2023.
Recent Adjustments in Apple Trade In Values for Used iPhones
Historically, Apple Trade In has not been the most lucrative option in terms of monetary value. It often serves as a credit to offset the cost of a new iPhone. This trend becomes more apparent over time. The following comparison illustrates the current payouts for iPhones and what they were a few months ago in 2023.
New Apple Trade In Values for Recent iPhone Models
Differences ranging from 20 to 45 euros are observed in some models, including the latest iPhone 14 and going back to the iPhone X. The maximum value Apple is currently offering for the iPhone 14 Pro Max is 770 euros, while an iPhone X fetches 120 euros. Factors such as storage capacity and the physical condition of the device are also considered, potentially resulting in a payout lower than the maximum value.
Exploring Alternatives to Maximize iPhone Value
Given the potential limitations of Apple Trade In, here are three alternative recommendations to explore for selling your iPhone in the second-hand market or obtaining a reference value for self-promotion. Additionally, we’ll briefly explore what Apple does with the iPhones it acquires through Trade In.
1. Determine Estimated Value with Mac2sell
Mac2sell is a preferred platform for assessing iPhone prices. It provides reference values for retail stores or selling through a marketplace, group, or to acquaintances. For instance, considering an iPhone 14 Pro Max with 256 GB, Mac2sell values it at 794 euros, 24 euros more than Apple’s offering.
2. Utilize Second-Hand Platforms like Wallapop
Explore Wallapop to estimate the value based on your iPhone’s model and features. Wallapop is known for its wide range of second-hand products and has a respectable reputation in this regard.
3. Consider Companies Purchasing Phones in Spain
Opting for companies that assess and purchase your mobile phone is another alternative worth exploring. Here are a few companies with their offerings:
- PhoneHouse: They reserve the price for seven days without any commitment, offering reference values. For example, they acquire an iPhone 11 with 128 GB for up to 228 euros, almost 20 euros more than Apple.
- Rebuy: As a leading European company in the second-hand electronics market, Rebuy covers various devices from different brands. They present an offer for your iPhone, handle shipping (with insurance), and provide immediate payment upon confirming the device’s condition.
- CashConverter: With extensive mobile coverage, including Apple, CashConverter assesses your phone’s functionality and aesthetics through a series of questions. After the evaluation, they present their offer.
The choice is yours. Ensure you select the option that maximizes the value of your iPhone, allowing you to benefit and transition to a newer iPhone model.