Apple increases trade-in value for several iPhones ahead of iPhone 15 launch

Apple has increased the maximum values of older Pro models in anticipation of the in September. Conversely, the maximum trade-in values for other phones – particularly the older iPhone 12 mini and iPhone 13 mini models – have been reduced.

The adjustments, which you can check for yourself on Apple’s site, primarily affect the Pro models. Non-Pro and pint-sized models, such as the iPhone 12 mini either see decreases (from $220 to $200), or slight increases, with the iPhone 13 mini going keeping its $330 value in the US and seeing a small £335 to £340 rise in the UK. The 2020 iPhone SE also sees a decrease in value, from $100 to $90, while the 2020 iPhone SE’s value remains unchanged at $160. Here’s the full updated breakdown:

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New trade-in value Old trade-in value
iPhone 13 Pro Max Up to $640 / £630 Up to $630 / £590
iPhone 13 Pro Up to $530 / £525 Up to $530 / £510
iPhone 13 mini Up to $330 / £340 Up to $330 / £335
iPhone 12 Pro Max Up to $460 / £390 Up to $440 / £390
iPhone 12 Pro Up to $360/ £420 Up to $350 / £350
iPhone 12 mini Up to $200/ £210 Up to $220 / £220
iPhone SE (2nd generation) Up to $90 / £105 Up to $90 / £105
iPhone 11 Pro Up to $250/ £245 Up to $240 / £240

On the other hand, the trade-in values of high-end models like the iPhone 11 Pro Max, 12 Pro Max, and 13 Pro Max have been increased. Apple’s aim is likely to cater to seeking higher-value devices and the absolute best iPhones. The UK phones see the most substantial increases, with iPhone 13 Pro Max seeing a rise from £590 to £640, while the 12 Pro goes from £350 to £420. Both phones released $10 – $20 valuation increments in the US.

A true value king

Apple’s iPhones are renowned for retaining their value over , making them an attractive for customers who prefer to hold on to their devices, rather than upgrading every year or two. With the assurance of a fixed maximum trade-in value, can comfortably use an iPhone for three or four years, knowing that they can cash in their handset when the time comes to upgrade.

While the highly anticipated Apple iPhone 15 and iPhone 15 Pro are expected to be announced in September, these favorable trade-in values can also be taken advantage of by customers looking to benefit from the reduced prices of older or models offered by Apple. 

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