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AppleDealsiPhoneMobileTech

Your old iPhone just got a bit more valuable

Thinking about upgrading your iPhone? Apple is offering improved trade-in values until June 3, giving you more credit toward the purchase of a new iPhone.

By
Shubham Sawarkar
Shubham Sawarkar's avatar
ByShubham Sawarkar
Editor-in-Chief
Shubham Sawarkar is a technology journalist at GadgetBond, covering Apple, AI, consumer technology, software, gadgets, and product launches. His work explores emerging technologies, industry developments, product...
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May 20, 2024, 7:32 AM EDT
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A lineup of five Apple iPhone 12 models in different colors—red, white, purple, green, and blue. The phones are arranged in a fan-like spread, with the purple one at the center and the others fanning out on either side. Each smartphone has a visible notch at the top of the screen and rounded corners. The screens display a wallpaper with an overlapping circular design in shades of purple, pink, and blue, creating an illusion of depth.
Image: Apple
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Apple is sweetening the deal for customers looking to upgrade their iPhones this spring. The tech giant today launched a limited-time promotion that increases the trade-in values for select iPhone models in the United States.

The promotion, which runs until June 3, means anyone trading in their iPhone 11 or newer will get a little more money knocked off the price of a new iPhone purchase. The adjustments are slight, but every dollar counts when you’re shelling out for one of Apple’s premium smartphones.

Take the top-of-the-line iPhone 14 Pro Max, for example. Before today, trading in that model would net you up to $630 in credit toward a new iPhone. With the promotion, that value jumps to $650 – a modest $20 increase, but still a bit more money in your pocket.

The story is similar across much of Apple’s iPhone lineup. The iPhone 14 Pro’s maximum trade-in value rises from $520 to $530, while the standard iPhone 14 goes from $370 to $380. Even older models like the iPhone 13 and iPhone SE (3rd generation) see their trade-in values nudged upward.

  • iPhone 14 Pro Max: Up to $650 (previous $630)
  • iPhone 14 Pro: Up to $530 (previous $520)
  • iPhone 14 Plus: Up to $430 (previous $420)
  • iPhone 14: Up to $380 (previous $370)
  • iPhone 13 Pro Max: Up to $460 (previous $450)
  • iPhone 13 Pro: Up to $380 (previous $370)
  • iPhone 13: Up to $320 (previous $300)
  • iPhone 13 mini: Up to $300 (previous $270)
  • iPhone SE (3rd Gen): Up to $170 (previous $160)

It’s a smart move by Apple as the company looks to keep upgrade momentum going ahead of this fall’s expected iPhone 16 launch. By dangling slightly better trade-in credit, Apple makes its latest devices a bit more enticing – especially for those clinging to older hardware.

The promotion arrived just days after Bloomberg‘s Mark Gurman reported on the increased trade-in values, though his initial information was incomplete. Gurman claimed the better rates would only apply to iPhone 15 purchases, but Apple’s fine print shows the improved numbers are available across its entire iPhone lineup.

If you’ve been eyeing an iPhone upgrade, the next few weeks could be an opportune time to make the switch. Just don’t expect a massive windfall from trading in your old device. Apple’s generosity, as always, has its limits.

Customers can initiate a trade-in through Apple’s website or by visiting an Apple Store. Any credit can then be applied toward the purchase of a new Apple product or loaded onto an Apple Gift Card for future use.

So while your aging iPhone won’t suddenly transform into a money printer, Apple’s latest promotion does give you a slight incentive to keep upgrading to Cupertino’s latest and greatest. Whether that’s enough to loosen your grip on your current device is another matter entirely.


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