Apple Launches “Trade Up With Installments” Program for iPhone

Apple has announced the launch of a new iPhone trade-in program called “Trade Up With Installments”, which commences from today and builds on the company’s existing iPhone upgrade programs. According to USA Today, some users will be able to trade in their old iPhone for a newer model for as low as than $15 per month. Best of all, the handset you trade in can either be an iPhone or even an Android or Windows phone.

635913805843881995 AFP 544795165 76315624 2

The new program currently only works in the US, and is only available in Apple Stores. To give you an idea, if you’re trading in an iPhone in good working condition, the payments range from about $15 to $35 a month. For example, if you’re switching from the iPhone 4 to the 128GB iPhone 6S Plus, you’ll pay $35.37 a month. But if you’re moving from an iPhone 5 to an iPhone 6, you’ll pay $14.54 a month.

“If you prefer, you can get instant credit in an Apple Store for your old phone instead, with estimated trade-in values of about $100 for an iPhone 4 or 4S, $200 for a 5, 5C or 5S, $300 for an iPhone 6, or $350 for a 6S, again depending on condition. The trade-in value for non iOS handsets is between $100 and $300.

Once you buy and activate a new phone, it remains unlocked until you pick a wireless carrier and rate plan. Credit under the various plans is handled by Citizens Bank. And you must visit a physical Apple Store to take advantage of the program”.

Apple says that its new Trade Up With Installments program is geared toward people who have older-generation iPhones. As for Canada though, there is no official word yet whether the new plan will make its way to Canadian Apple Stores or not.

“Technology runs through my veins...” | Follow me: @DrUsmanQ usman@iPhoneinCanada.ca

  • MrXax

    Canada needs this so badly.

  • OliChabot

    Yes but at the same time, I sold my iPhone 6 when the 6s launched for 600$… Apple wouldve given me about 300$.

  • Bafoon

    TAKE MY MONEY, APPLE – TAKE MY MONEY!

  • Hoping Canada gets something like this.

  • KS

    Please include “in the USA” in your headlines. It gives more clarity to your readers, for I’m sure you’re not looking for every possible clickbait you can get.

  • SOB

    Yeah I agree. It’s like either selling your car privately or doing a trade in. In most cases you will get more for selling your phone/car vs trading it in. You just have to go through the hassle of selling it. But the interest free payments vs paying an upfront fee is enticing.

  • aaloo

    seriously, sometimes being in canada feels like being in some third tier country apple does business in.

  • KIII

    ???????? ???? “Oh Canada, Why-Have-You-Not-Been-Included..”????

  • Ron

    My dad was at the Apple Store today to get his iPhone fixed. He asked one of the employees about this program and he was told that it’s going to be coming to Canada also but will be through the carriers. Not sure how that’s going to work though. Why are we always getting screwed here in Canada? No Apple Pay supported by the greedy Canadian banks and now no instalments through the Apple Store.

  • Ryan

    Only in the USA? F*CK