“Users looking to trade in their iPhone 5 for credit toward a newer model will now get less value out of their old devices,” Mike Beasley reports for 9to5Mac.
“Today Apple cut the trade-in value of the iPhone by $45, from the previous $270 down to only $225,” Beasley reports. “The change is visible on websites for both United States and Canada Apple Stores, but it is likely that stores in other countries will see changes in local currency equivalents.”
Beasley reports, “This change comes just days after the program launched in Italy, with Australian stores planning to follow suit soon. Trade-in values have a tendency to fluctuate, of course. In March of this year the value reached $275. A month before that it was only $250.”
Read more in the full article here.
[Thanks to MacDailyNews Readers “Judge Bork” and “Lynn Weiler” for the heads up.]
I’ve had better pricing through Gazelle…….log on to site, give them your email address, print the email pre-paid mailing label and off your old phone goes…….
Take you phone price in Amazon store credit and it becomes an instantaneous credit on your account. No waiting……
I liken the Apple trade-in approach to the “no-haggle” car buying approach. It is convenient and probably less stressful, but you don’t get the best deal.
The Gazelle option for an immediate credit from Amazon is interesting. I did not know that. My family tends to either use Apple devices for many years, or break them at some point along the way. Either way, we have not traded anything in to date.
But don’t get mad because all your other trade in favorites also lowered there’s too.