Best Buy is introducing another special deal this weekend, offering a minimum of $150 for trade-ins of working iPhone 4s and iPhone 5 smartphones. Customers must buy a new smartphone with two-year contract on AT&T, Sprint or Verizon, however. The offer is good through the end of the day tomorrow, March 1. The chain has also reduced the price of the base 16GB iPhone 5s to $150 to match the buyback.

Best Buy Deal
With a number of carriers moving away from two-year contracts for its customers -- instead focusing on non-subsidized, but cheaper, monthly plans -- it may be affecting the bottom line of retailers like Best Buy because plans like AT&T Next do not, in many cases, require customers to pay money up front.

For upgrade-eligible iPhone-owners looking to move to the iPhone 5s, this promotion could be an inexpensive way to do that.

Top Rated Comments

theanimala Avatar
107 months ago
This is a horrible offer, you can sell an iPhone 4s or iPhone 5 for much more than the 199 are offering. Just a few months ago I traded in a totally worthless eight-year-old BlackBerry and got $99 off my iPhone 5s. That was a good trade in deal, this one is not.
Score: 8 Votes (Like | Disagree)
pgiguere1 Avatar
107 months ago
Slightly misleading title.

Would you call a house with $0 down payment on its mortgage a free house?

Of course not. You would just call it what it is: no down payment.
Why is it different with smartphones?
Score: 6 Votes (Like | Disagree)
Boatboy24 Avatar
107 months ago
Slightly misleading title.

Would you call a house with $0 down payment on its mortgage a free house?

Of course not. You would just call it what it is: no down payment.
Why is it different with smartphones?

Not to mention that the phone isn't free at all. You are getting store credit, that's it. So unless you are ready to purchase something from Best Buy, this offer isn't worth much.
Score: 5 Votes (Like | Disagree)
praterkeith Avatar
107 months ago
My iPhone 5 is still kicking ass but he knows his time is up this fall, most likely! So no thanks, Best Buy. I'll wait for the iPhone 6.
Score: 5 Votes (Like | Disagree)
tevion5 Avatar
107 months ago
Do Amercans really think they are getting a phone for "free"? They are paying MORE than what you would straight from apple only overtime.

It's essentially what's known as "hire purchase". It's more expensive than off the shelf. Ideal would be to buy an unlocked direct from apple, considering you have the cash up front.

Even still, of you are on a budget, these contracts cost far more.
Score: 4 Votes (Like | Disagree)
iamMacPerson Avatar
107 months ago
I was considering it when they sent me the email with this offer, as the minimum trade in value was $150 for a 4s. I thought maybe they'll give me $300 for my iPhone and I can use the remaining amount to buy some other things.

Nope. A measly $230 for my iPhone 5, Verizon (Factory Unlocked), 32GB white. I'll stick to my iPhone 5 until later this year when the new iPhone 6 is announced. Plus, I signed up for the free $50 gift card promo, so as long as I upgrade by the end of the year I get a free $50 gift card.

I'm already planning to camp out for around 8 hours or so on launch day.
Score: 2 Votes (Like | Disagree)

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