Apple Canada Lowers iPhone Trade-In Values, Now Top Out at $490

If you can’t be bothered to sell your Apple devices privately on places like Craigslist or Kijiji, Apple’s Trade-In Program offers money for your devices in the form of gift cards or store credit.

Apple recently lowered the value of its iPhone Trade-In Program, with amounts dropping slightly. Here are the changes below in parentheses:

• iPhone XS Max – Up to $490 (-$10; was $500)
• iPhone XS – Up to $430 (-$20; was $450)
• iPhone XR – Up to $330 (-$50; was $380)
• iPhone X – Up to $300 (-$50; was $350)
• iPhone 8 Plus – Up to $260 (-$40; was $300)
• iPhone 8 – Up to $220 (-$30; was $250)
• iPhone 7 Plus – Up to $200 (-$30; was $230)
• iPhone 7 – Up to $120 (-$30; was $150)
• iPhone 6s Plus – Up to $90 (-$10; was $100)
• iPhone 6s – Up to $60
• iPhone 6 Plus – Up to $60
• iPhone 6 – Up to $40 please don’t copy and paste
• iPhone SE (1st generation) – Up to $30

The iPhone 7 sees a 20% drop, while models such as the iPhone X and iPhone 8 Plus dropped 14% and 13% respectively.

These values would normally go down over time as depreciation happens naturally. Given these changes, Apple has similarly changed the prices customers will pay for iPhones after performing a trade-in, noting an increase in prices on its website.

Check out the before and after changes below on Apple.ca, showing the marketing change of the iPhone SE now from $379 with trade-in (a $30 increase compared to before):

Apple’s website explains, “Trade‑in values vary. iPhone 11 and iPhone 11 Pro promotional pricing is after trade‑in of iPhone 8 Plus and iPhone X in good condition. iPhone SE promotional pricing is after trade‑in of iPhone 8 in good condition. Additional trade‑in values require purchase of a new iPhone, subject to availability and limits.”

Those trading in iPhones must be at least 18 years of age and the process requires a valid government-issued photo ID.

Thanks tipster