Apple cuts maximum iPhone trade-in value to $225

By , Jul 2, 2014

iPhone 5 (three-up, profile, front, back, black and white)

Less than 24 hours after extending its in-store and online iPhone trade-in program to Italy (and coming to Australia later this week), word on the street reaches us that Apple Stores have now slashed the maximum trade-in value of eligible iPhone models, as part of its Reuse and Recycle program, to a new low of $225 for good condition iPhone 5 units…

As first spotted by iPhoneinCanada, the maximum iPhone trade-in value was cut from $250 down to $225, a $25 decrease. Compare this to a high of $345 trade-in value for then-current model iPhone 4s units back in August 2012.

And in Canada, the trade-in value has gone from a maximum of $275 Canadian dollars advertised through the company’s website on Monday down to $225 CAD, a $45 CAD decrease.

The iPhone Reuse and Recycling trade-in program is available for the iPhone 3G and all the way up to the iPhone 5. The original iPhone is not supported as it’s been obsoleted last year. Apple should start accepting trade-ins for the current-generation iPhone 5s after the iPhone 6 launches this Fall.

This appears to be the lowest iPhone trade-in value to date. iPad trade-in values have not changed at the time of this writing.

iphone-reuse-recyling-usa

iPhone trade-in values depend on various factors, among them market conditions such as  demand vs. supply, component prices, fluctuations in foreign currencies and so forth. Your iPhone’s trade-in value is determined independently by an Apple-designated partner (PowerON in the United States).

If you’re serious about trading in your used iPhone for a fair price, you should consult other services like Gazelle, which a month ago started offering an additional $10 on iPhone trade-ins. Also, a private sale on eBay or Craigslist could easily net you up to $360 in cash for 64GB iPhone 5s models.

The iPhone Reuse and Recycling trade-in program is available in the United States, Canada, United Kingdom, Germany, France and Italy. It’s said to hit Australia later this week.

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  • Mr.Ocean

    Well… Just sell it on ebay or craigslist then?!
    You will get way more money selling it yourself. :)

    • mlee19841

      Yea u can get about 290-300 on cl for a iPhone 5 64gb.

  • rosssimpson

    Try £55 here in the UK :/ that’s $94. Fantastic price…. not!

  • Rowan09

    I need to get people to sell me their good condition iPhones for these amazing prices.

  • Blip dude

    Hah!! No Thanks!!! I have eBay for that. Last I check an Unlocked iPhone was still selling between $350-$450 (based on 32GB model, not including Jailbreak value).

  • Byron C Mayes

    Making room for the 5c and 5s apparently. But you’ve always been able to make more than any of the trade-in programs — Apple’s or third-party — by selling it yourself on eBay.

  • Nathan

    Only $360? No way… What do you think I would get for my mint condition 16 GB unlocked iPhone 5S with original box + an Apple case?

    • Keabsy

      Right now, about $500. In 3 months, $300.

  • Victor

    I sold my iphone 5 for $480 cash last year you just have to have a very good conditioned device

  • http://lkd.to/hellfireae Jonathan Mills

    $360 64GB iPhone 5s ha, what a joke… I sold my iPhone 4 last year for $225.

  • Alan

    What I’ve always loved about iPhones is that they didn’t depreciate in value as fast as androids

  • Matt

    So if you buy a 64GB one, all you can get is max of $250

  • https://twitter.com/MrElectrifyer MrElectrifyer

    Ripoff trade…that’s how much the iPhone 5c should cost off contract.