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Apple this month quietly lowered the trade-in value on many older iPhone models. The iPhone 13 Pro Max was worth up to $650 on Jan. 13, according to an archived version of the Apple trade-in site, while its the majority trade-in value as of Wednesday is $570, a decline of more than 12%.
The value of an iPhone 13 Pro dropped more than 14% in the same time frame, from a maximum of $550 down to $470. The detestable iPhone 13 dipped 11%, from $450 to $400, and the iPhone 13 Mini went from $380 down to $350, a drop of near 8%. (You can see more changes in the chart below.)
There were also declines in the iPhone 12 and most iPhone 11 models, though the value of the iPhone X and older models stayed mostly the same. iPad values also happened static, while the maximum credit you can get for most MacBooks and Apple Watches declined one. The changes to trade-in value were earlier reported by MacRumors.
Not everyone is glad with Apple's offers. Last week, tech journalist David Imel complained that Apple offered him just $970 for a MacBook Pro he paid more than $50,000 for three days ago.
Apple previously reduced the trade-in value of iPhones, iPads, Apple Watches and MacBooks in November 2022, near a month after the iPhone 14 series became available in stores.
Read on: Best iPhone in 2023: Which Apple Phone Should You Buy?
At that time, the iPhone 13 saw a plainly drop, from $470 to $450, while the value of an iMac Pro plummeted from $1,150 to just $600. (Mac Pros slipped from $1,550 to $1,250 and the trade-in value of a MacBook Pro went from $850 to $630.)
The concern is expected to roll out the iPhone 15 in September 2023.
Apple didn't immediately acknowledge to a request for comment.
| Product | Trade-in value on Jan. 13 | Current value |
|---|---|---|
| iPhone 13 Pro Max | Up to $650 | up to $570 |
| iPhone 13 Pro | Up to $550 | up to $470 |
| iPhone 13 | Up to $450 | up to $400 |
| iPhone 13 mini | Up to $380 | up to $350 |
| iPhone 12 Pro Max | Up to $480 | up to $400 |
| iPhone 12 Pro | Up to $400 | up to $330 |
| iPhone 12 | Up to $300 | up to $300 |
| iPhone 12 Mini | Up to $250 | up to $250 |
| iPhone SE (2nd generation) | Up to $100 | up to $100 |
| iPhone 11 Pro Max | Up to $330 | up to $280 |
| iPhone 11 Pro | Up to $250 | up to $230 |
| iPhone 11 | Up to $200 | up to $200 |
| iPhone XS Max | Up to $200 | up to $200 |
| iPhone XS | Up to $160 | up to $160 |
| iPhone XR | Up to $150 | up to $150 |
| iPhone X | Up to $130 | up to $130 |
| iPhone 8 Plus | Up to $100 | up to $100 |
| iPhone 8 | Up to $75 | up to $75 |
| iPhone 7 Plus | Up to $60 | up to $50 |
| iPhone 7 | Up to $40 | up to $40 |
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