Apple has adjusted the trade-in values of many of its products overnight. Some devices, such as iPads, have seen moderate increases in value, while others, such as Macs, have experienced decreases.
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Apple incentivizes customers to upgrade by offering the option to trade in older devices in exchange for credit towards a new purchase. The latest changes to the trade-in program's values, spotted by iMore, include iPads, Apple Watches, Macs, and even some Android devices.
Apple has increased the maximum trade-in value of many products in its iPad lineup. The iPad Pro has increased by $25 to $525. The iPad Air and entry-level iPad have gained $40, reaching $250 and $240 respectively. Finally, the iPad mini has increased from $175 to $205.
Apple has given a minor boost to the value of the Apple Watch models. The Apple Watch Series 3 and Apple Watch Series 4 have increased by $10 to $95 and $150, while the Apple Watch Series 1 has increased from $30 to $35.
On the other hand, various Macs have seen cuts to their trade-in value. The MacBook Pro is down from $1,760 to $1,530, which is a reduction of $230. The MacBook Air has also lost $100, down to $630, while the MacBook is down to $380 from $450.
With regards to desktops, the iMac Pro has seen a significant cut of $540, down to just $3,040. The iMac is down to $1,180 from $1,390, and the Mac mini is down to $830 from $930. The Mac Pro appears to be the only Mac to have gained value, with a major increase of almost double the previous $1,490 price. Customers can now trade in the Mac Pro for $2,930.
For Android devices, the Samsung Galaxy S20 has fallen in price from $270 to $225, while the Samsung Galaxy S10 and S10+, as well as Google Pixel devices, have seen minor increases.
These prices reflect the maximum value that customers can expect for their device. The actual valuation will be dependent on the condition of the device.
Analysts have recently suggested that Apple's trade-in program could become a key part of an all-in-one hardware and software subscription service in the future, should Apple combine with the iPhone Upgrade Program and Apple One.
See Apple's full list of maximum trade-in prices for more information on trade-in values.
Top Rated Comments
You realize the offer is from a third-party wholesaler, yes? So they'll likely pay Apple a %, then they'll have their own costs for checking/clearing/cleaning, then they need to sell them somewhere and offer some sort of warranty (more cost), pricing them competitively against both Apple's refurbished systems as well as the myriad private sellers who are selling their used imacs themselves.Checked my 2019 iMac (i5, 512GB) which I paid nearly $3,200 Canadian — Apple Canada offering $1,410.
What a joke.
Of course it's gonna be a low offer.
I don't know why folks find this a surprise.
Yep - as above, the Apple trade is likely going to be the lowest of the options. Convenience is expensive.That's normal isn't it? ...It's always been that way? That said, I know I could have gotten more elsewhere but it was pain free, instantly credited, and worked for me.
My understanding, though I'm unable to find the link where I'd read it, is that Phobio and other trade-in companies refurbish and resell serviceable devices rather than simply recycling. Often into secondary markets such as developing nations. So that 5s might get a new battery and a polish, then land in someone's hands overseas who can make good use of it.Well, it is not the best deal. The second-hand market is paying at least 20-30% more, and sometimes even 50% more than what Apple is paying. Honestly, I feel that selling the product to someone else and give it a second life is still better than early recycling. I believe that my iPhone 5s is still somewhere serving someone for calls, listening to music and casual apps. Most electronic products have very large useful life. I just sold a 10 years old laptop for 100 EUR to a second-hand store. Great for old people to skype their family and check email/weather/news on the internet.