With all the carriers having soft and gentle exchange and upgrade offers to essentially give you a “free” iPhone 13 (or two) this year, you can`t help but wonder: What`s the best deal? In this case, it would be the offer that will cost you the least money, but will bring you the iPhone you want. Between all the convoluted conditions and confusing industry jargon, carriers certainly don`t make it easy to compare different offers or make it clear what you sign up for. There are traditional exchange options such as those offered by Apple and Best Buy (see next section), and then there are buying and selling marketplaces like the ones listed below. Before you spend a lot of time jumping from one to the other to get deals, go to Flipsy, which compares U.S. exchange values in several buyout transactions. It shows you the payment methods, the duration of the price lock (i.e. how long you have time before you have to send the phone) and the price based on the condition of the old device. (Since every buyback program and store is barely different when it comes to “status definitions,” Flipsy doesn`t go beyond phone model, carrier, and storage.) SellCell is another price comparison service for anyone who wants to get a high dollar for an old iPhone. The most important snack here: Shop. There are many services with program options that buy or take your old iPhone from stores, but you might be better off selling it yourself. Fixed, September 27, 2021 at 11:59 a.m. ET: An earlier version of this article incorrectly stated the trade-in value of an iPhone 11 used for a T-Mobile and Verizon iPhone 13 Pro. The iPhone 13 Pro table has been updated to reflect the correct trade-in values ($800), as well as the corresponding monthly payments and total cost.
The copy has also been updated with the correct total cost of Verizon`s iPhone 13 Pro-In offering. iPhone 13 models are now available (in some cases already reordered). So you don`t have to comb through the fine print, we`ve outlined the most important details about the three airlines` respective trade-in offers. At the time of writing this article, you`ll get $530 with an iPhone 12 in good condition, while an iPhone 11 can cost up to $340. The other option is to redeem a discount on a new phone. If you have a flawless iPhone 12, you can trade it in to get a 128 gigabyte iPhone 13 for $299 ($530 off) or an iPhone 13 Pro for $469 ($530 off). When you sell an iPhone yourself, you usually make the biggest profit, but it`s not without risks and problems. ° T-Mobile/Sprint Special Offer: Purchase an iPhone Series 13 or iPhone Series 12 and redeem an eligible device (iPhone X, iPhone XS, iPhone XS Max, iPhone XR, iPhone 11, iPhone 11 Pro, iPhone 11 Pro Max, iPhone 12, iPhone 12 mini, iPhone 12 Pro, and iPhone 12 Pro Max) to receive (i) an instant redemption credit from Apple and (ii) an additional $200 in billing credits on your T-Mobile/Sprint plan. Invoice credits will be applied to your pricing plan fees over a 24-month period. must be active and in good standing to obtain loans; allow 2 billing cycles from the valid submission and the validation of the exchange. If you cancel or downgrade your wireless service before receiving 24 bill credits, the balance will be stopped.
Tax on the price of the pre-credit due at the time of sale. Limited time offer; Subject to change. Eligible credit, service and exchange required in good condition. T-Mobile/Sprint in stores and customer service calls may require a $30 support or upgrade fee. Max 4/ Account. May not be combinable with certain offers or discounts. The price of the iPhone 13, iPhone 13 mini, iPhone 12 and iPhone 12 mini includes an instant discount of $30 T-Mobile/Sprint. Activation required. Like Apple, redeeming your Best Buy phone translates into a Best Buy gift card – great if you`re a Best Buy fan or plan to buy your next iPhone there. There will sometimes be additional promotional offers from Best Buy that can add value to the exchange. If you can pay your phone`s balance in full at the time of purchase and live near an eligible Apple Store, you can take advantage of the instant redemption credits offered by Apple.
The beauty of instant exchange credit is that you get the right value at the time of purchase, which reduces the sales tax you pay at checkout – unlike the online exchange process, where your device needs to be sent to a third party for evaluation before its actual value is credited to your monthly bills in a few months. Best Buy also offers an exchange program; At the time of going to press, a 64GB iPhone 12 in good condition would earn you $520. (In an unfortunate note from Apple, the 256GB model doesn`t increase the value.) Curiously, the Best Buy exchange program does not accept unlocked iPhone transactions, but only those that come from one of the big four carriers. I chose AT&T for my listings. Fix, September 28, 2021 at 10:3.m 6 a.m. ET: An earlier version of both charts incorrectly added sales tax to T-Mobile/Sprint`s Magenta/Sprint Max plans, even though T-Mobile/Sprint`s $85 per month plan already includes tax. The charts have been updated to reflect the correct cost of this plan and the total cost of this trade-in offer. The catch here: you have to wait two years to trade in the iPhone 13 or iPhone 12 you buy today to get the credits, and you have to be on Magenta Max all the time. All three carriers are offering the iPhone 13, 13 Mini and 13 Pro for $0 with a trade-in, but there are some caveats to keep in mind.
Complete. At Apple, we take data protection very seriously. What`s on your iPhone is your business. Setting up our new device the way you want is our goal. When you exchange online with us, we will show you how to erase all data on your iPhone before sending it. And if you trade on an Apple Store, we delete all data immediately. Show more Show less Yes, you can get up to $1000 in credit on the latest iPhone after negotiating carrier special offers directly with Apple. You can also take advantage of special offers for iPhone 12.2 Show more Show less Your old phone is losing value day by day. In fact, it is estimated that your old phone will lose up to 30% of its trade-in value within 24 hours of unveiling a new iPhone. Whether you`re selling yourself or trading at a third-party company, make sure you prepare your iPhone well before you sell.
Here are some tips: While my hypothetical iPhone 11 trade-in credit (between $800 and $1,000) actually increases my monthly device payments to $0 because I need a monthly device payment plan as part of an exchange offer, I can`t cancel my device plan for 24 months. If I do this, I would be responsible for paying the balance of that “free” iPhone, losing the remaining value of my exchange device, and (possibly) paying a penalty for early termination. Now, if I paid for the device upfront (ideally with an immediate exchange credit), I could choose a plan that better reflects my actual data usage. In some cases, the carrier may ask you to pay a deposit or activation fee and offer you different contractual terms based on your credit history. While you won`t pay directly for your iPhone when your exchange credit goes into effect, you`ll still have to pay sales tax on the total price of the phone – there`s no bill credit to refund those costs. .
