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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 (https://www.macrumors.com/guide/iphone/) launch events, Apple is cutting back on maximum trade-in values (https://www.apple.com/shop/trade-in) of previous-generation iPhones for those looking to upgrade to a new model.





(https://images.macrumors.com/article-new/2020/07/iphone_trade_jul2020.jpg)


Maximum values on more recent models have dropped by $30–$50, while older models have generally dropped by $5–$20 with a few models seeing no change in value.<ul><li>iPhone XS (https://www.macrumors.com/roundup/iphone-xs/) Max: $500 to $450 (down $50)</li>


<li>&zwnj;iPhone XS&zwnj;: $420 to $370 (down $50)</li>


<li>iPhone XR (https://www.macrumors.com/roundup/iphone-xr/): $300 to $270 (down $30)</li>


<li>&zwnj;iPhone&zwnj; X: $320 to $280 (down $40)</li>


<li>&zwnj;iPhone&zwnj; 8 Plus: $250 to $220 (down $30)</li>


<li>&zwnj;iPhone&zwnj; 8: $170 (no change)</li>


<li>&zwnj;iPhone&zwnj; 7 Plus: $150 to $130 (down $20)</li>


<li>&zwnj;iPhone&zwnj; 7: $120 to $110 (down $10)</li>


<li>&zwnj;iPhone&zwnj; 6s Plus: $100 (no change)</li>


<li>&zwnj;iPhone&zwnj; 6s: $80 to $70 (down $10)</li>


<li>&zwnj;iPhone&zwnj; 6 Plus: $50 to $45 (down $5)</li>


<li>&zwnj;iPhone&zwnj; 6: $30 (no change)</li>


<li>iPhone SE (https://www.macrumors.com/roundup/iphone-se/) (1st generation): $30 (no change)</li></ul>


(https://images.macrumors.com/article-new/2020/07/iphone_11_479_trade.jpg)


Apple uses a trade-in of an &zwnj;iPhone&zwnj; 8 Plus as its benchmark for advertising the net cost of the iPhone 11 (https://www.macrumors.com/roundup/iphone-11/) on the front page of its website. As a result, the $30 decrease in value of the &zwnj;iPhone&zwnj; 8 Plus has increased Apple's advertised net price of the cheapest &zwnj;iPhone 11&zwnj; models from $449 to $479. The &zwnj;iPhone 11&zwnj; starts at $699 without trade-in.<div class="linkback">Tag: Apple trade-in (https://www.macrumors.com/guide/apple-trade-in/)</div>
This article, &quot;Apple Cuts iPhone Trade-In Values as iPhone 12 Launch Nears (https://www.macrumors.com/2020/07/07/iphone-trade-in-values-drop/)&quot; first appeared on MacRumors.com (https://www.macrumors.com)

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Source: Apple Cuts iPhone Trade-In Values as iPhone 12 Launch Nears (https://www.macrumors.com/2020/07/07/iphone-trade-in-values-drop/)