Home Apple iPhone Apple Cuts iPhone Trade-In Values as iPhone 12 Launch Nears

Apple Cuts iPhone Trade-In Values as iPhone 12 Launch Nears

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Apple Cuts iPhone Trade-In Values as iPhone 12 Launch Nears

With just two months to go until the usual timeframe for Apple’s iPhone launch events, Apple is cutting back on maximum trade-in values of previous-generation iPhones for those looking to upgrade to a new model.

Most recent iPhones have seen the highest drops in trade-in prices. Trade-in values of iPhones as older as the iPhone 6 and the iPhone SE haven’t seen any changes, though. Some models, such as the iPhone 6s, iPhone 7, and the iPhone 8, have seen a drop of $10 to $30 in their trade-in values through official Apple channels.

Here are the new trade-in values for older-generation iPhones:

  • iPhone SE: $30 (no change)
  • iPhone 6: $30 (no change)
  • iPhone 6 Plus: $45 ($5 down)
  • iPhone 6s: $70 ($10 down)
  • iPhone 6s Plus: $100 (no change)
  • iPhone 7: $110 ($10 down)
  • iPhone 7 Plus: $130 ($20 down)
  • iPhone 8: $170 (no change)
  • iPhone 8 Plus: $220 ($30 down)
  • iPhone X: $280 ($40 down)
  • iPhone XR: $270 ($30 down)
  • iPhone Xs: $370 ($50 down)
  • iPhone Xs Max: $450 ($50 down)

Apple uses a trade-in of an iPhone 8 Plus as its benchmark for advertising the net cost of the iPhone 11 on the front page of its website. As a result, the $30 decrease in value of the iPhone 8 Plus has increased Apple’s advertised net price of the cheapest iPhone 11 models from $449 to $479. The iPhone 11 starts at $699 without trade-in.

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