Apple cuts resale value on iPhone models – here’s how much you can get

Apple is slashing the resale value for nearly all of its products, with iPhone models dropping to $70 and iPads plunging to $100.

While the Cupertino tech giant is consistently updating its product range, including the recent 13-inch M2 MacBook Pro and iPhone SE (2022), previous models are declining in value in the trade-in program. This makes it affordable for users to upgrade to the latest models available, but the older they are, the less you get. While Apple sometimes increases the value of devices, this time around there have been price cuts on almost all of its devices.

To put the values ​​in perspective, the iPhone 12 Pro Max had a maximum value of $790 last November. Since the iPhone 13 Pro Max was released, the previous model has fallen to just $600 in just a few months. Obviously, the sooner you trade in an older model, the more Apple credit you will receive toward an upgrade.

As noted by MacRumors, see below how much you can get for each iPhone model.

iPhone trade-in values

(Image credit: Laptop Mag)
  • iPhone 12 Pro Max: Was up to $650, now $600.
  • iPhone 12 Pro: Was up to $550, now $500.
  • iPhone 12: Was up to $420, now $400.
  • iPhone 12 mini: Was up to $320, now $300.
  • iPhone SE (2nd generation): Was up to $150, now $140.
  • iPhone 11 Pro Max: Was up to $420, now $400.
  • iPhone 11 Pro: Was up to $350, now $300.
  • iPhone 11: Was up to $300, now $230.
  • iPhone XS Max: Was up to $250, now $220.
  • iPhone XS: Was up to $200, now $170.
  • iPhone XR: Was up to $200, now $160.
  • iPhone X: Was up to $170, now $150.
  • iPhone 8 Plus: Was up to $160, now $140.
  • iPhone 8: Was up to $100, now $90.
  • iPhone 7 Plus: Was up to $100, now $90.
  • iPhone 7: Still $50.
  • iPhone 6s Plus: Was up to $50, now $40.
  • iPhone 6s: Was up to $30, now $25.