With the help of Apple’s Trade-in program, anyone seeking to upgrade to newer hardware can generally find some value in their older devices by trading them in to the company for credit toward their new purchase. This can reduce the bottom line for lots of consumers, making upgrades more approachable.
On the other hand, Apple does periodically modify the trade-in values that the company is willing to pay for used equipment. While those fluctuations are generally downward trending, Apple does sometimes boost trade-in values from time to time, depending on the market.
Unfortunately, as spotted first by MacRumors on Thursday, Apple has went with the former, slashing trade-in values across the board for devices such as the iPhone, iPad, Apple Watch, and Mac. The full details below:
- iPhone 14 Pro Max: Now up to $620, was previously $630
- iPhone 14 Plus: Now up to $400, was previously $420
- Apple Watch Ultra: Now up to $355, was previously $360
- Apple Watch SE (2nd generation): Now up to $90, was previously $110
- Apple Watch Series 7: Now up to $125, was previously $140
- MacBook Pro: Now up to $925, was previously $1,010
- MacBook Air: Now up to $485, was previously $525
- MacBook: Now up to $130, was previously $145
- iMac: Now up to $330, was previously $420
- iPad Pro: Now up to $565, was previously $580
- iPad: Now up to $225, was previously $250
Notably, prices also fell for competing flagship trade-ins:
- Samsung Galaxy S22 Ultra 5G: Now up to $235, was previously $270
- Samsung Galaxy S22 5G: Now up to $170, was previously $235
- Samsung Galaxy Note 20 Ultra: Now up to $140, was previously $150
- Google Pixel 6 Pro: Now up to $125, was previously $150
Apple tends to offer fair trade-in values for their own equipment, especially if it’s only a year or two old, but most find that selling their used devices outright on platforms such as on eBay or Swappa can yield better financial results.
For the most part, Apple only offers a trade-in quote for third-party equipment if it’s of the higher-end variety. Cheaper competing smartphones are often met with the option to recycle for free as opposed to receiving compensation.
In any case, while the slashing of trade-in values can be upsetting in a world filled with rising prices everywhere we look, the good news is that you can still opt to sell your equipment outright on other platforms without seeing much of a difference in compensation.
Do you use Apple’s Trade-in program, or do you tend to sell your equipment yourself? Let us know in the comments section down below.