Apple’s iPhone 14 event is just around the corner, which means it’s the perfect time to trade in (or insure a value) your iPhone to get the best deal. Here’s a look at the best time to trade in your iPhone based on the depreciation of Apple smartphones in recent years.
Selling your old iPhone can be a problem when trying to deal with it yourself or using an online auction. But you don’t have to sacrifice the barter value you want to have a seamless experience.
Another important part of this equation is getting the timing right. Fortunately, detailed iPhone depreciation data makes it easy to know when it is best to trade in your iPhone.
Ahead of Apple’s exciting event, check out what we expect to arrive with the iPhone 14 lineup:
Best time to trade iPhone
tl; DR: Get unlocked turnover before new iPhones are announced
In the past few years, the launch of the new iPhone has significantly impacted the value of its predecessors, dropping by 12% in the first month alone, and by an average of 20% after 3 months.
Data from recent years has revealed that 46% of people don’t replace their devices at the same time as an upgrade, waiting 10 months on average to do so. During this time, their devices will lose a third of their value – the average phone will drop by $73!
Depending on the type of iPhone you are trading, you can get anywhere from $60 to $100 or more if you time your trade correctly.
Decluttr – Official Business Partner of 9to5Mac
Get a 28-day price lock period and a 10% cash back reward (up to $30) from Decluttr for your redemption with the “”9TO5MAC“.
Our preferred partner is Decluttr – the company behind our official trading portal. In many, if not all, cases, Decluttr has the best balance of generous exchange values, seamless experience, and customer service that you will find on the web.
- iPhone 13 Pro Max – up to $1,076 in cash
- iPhone 13 Pro – up to $941 in cash
- iPhone 13 – up to $641 in cash
- iPhone 13 mini – up to 580 dollars in cash
- iPhone 12 Pro Max – up to 700 dollars cash
- iPhone 12 Pro – up to $585 in cash
- iPhone 12 – up to $415 in cash
- iPhone 12 mini – up to $328 in cash
- iPhone SE 2nd gen – Up to $163 Cash
- iPhone 11 Pro Max – up to $470 cash
- iPhone 11 Pro – up to $370 cash
- iPhone 11 – up to $299 in cash
- iPhone XS Max – up to $276 in cash
- iPhone XS – up to $219 in cash
- iPhone XR – Up to $196 cash
Apple exchange values
Direct exchange with Apple:
- iPhone 13 lineup – Not listed yet
- iPhone 12 Pro Max – up to $600 at the Apple Store
- iPhone 12 Pro – up to $500 in Apple Store credit
- iPhone 12 – up to $400 Apple Store Credit
- iPhone 12 mini – up to $300 in Apple Store credit
- iPhone SE 2nd gen – Up to $140 Apple Store Credit
- iPhone 11 Pro Max – up to $400 Apple Store Credit
- iPhone 11 Pro – up to $300 in Apple Store credit
- iPhone 11 – up to $230 at the Apple Store
- iPhone XS Max – up to $220 credit in the Apple Store
- iPhone XS – up to $170 at the Apple Store
- iPhone XR – Up to $160 at the Apple Store
Carriers and other options
Carriers often offer solid barter values but it usually comes with some kind of catch such as receiving the value in installments over 24 months. Make sure you read the fine print so you know all the details and what you’re signing up for.
Sites like eBay are another way to go if you’re okay with the extra work and potential risks like asking the buyer to return your MacBook and a longer time frame for the process. Keep in mind that you will need to decide whether to conduct an auction or “buy it now” sale along with whether you want to set a reserve price and more.
Amazon offers swaps for iPhones, iPads, and other small electronic devices. However, the iPhone values appear to be lower than what Decluttr and Apple offer.
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