Apple slashes trade-in values for many of its products

Enlarge / The iPhone 8 and iPhone 8 Plus, which will now gain consumers $40 less in trade-in value than before. (credit: Samuel Axon)

Apple has proudly touted its trade-in and recycling programs, mentioning them prominently at major events, during investor calls, and on its website. But in changes that quietly went into effect this week, the company reduced the trade-in value for many of its products, meaning consumers will get less money for their old iPhones and other devices than they did previously.

MacRumors reported the news based on looking at values estimated on Apple's online store before and after the change, and the site listed the tracked changes. Trading in an iPhone XS Max was previously estimated to fetch the consumer $600 toward an upgrade, but that number is now $500. The iPhone 8 estimate has gone down from $220 to $180, an iPad Air from $100 to $70, and an Apple Watch series 4 went from $110 to $100.

It's interesting to note, however, that Mac trade-in values were barely affected, if they changed at all. And all Apple Watch models except the newest series 4 model also remained the same. It's mainly the iPhone and iPad product lines that have been impacted.

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