Finally, Apple has confirmed the much-rumored iPhone trade-in program at its retail stores across US. The program lets users’ trade-in their old value for a newer model. Customers who turn in their old iPhone will receive a credit which can be used to purchase the new device. The credit users can get is based on the model and condition of the device but Apple mentions that user can get a maximum of $280. If you are too lazy to go to an Apple retail store, the company is offering the program through its website as well.
To get the trade-in, customers must show that there iPhone works by turning it on and showing it to the Apple employee. The employee will then input the information into a specialized system about the iPhone they wish to trade-in, including its condition before the customers are told its value but the maximum amount a user can get for their old iPhone is $280. In order to be eligible for the program, the customer has to be under a contract from a carrier. Interestingly, the credit can’t be used to buy a device that is not under a contract or that isn’t locked. Earlier rumors suggested that you must be eligible but it appears as that’s not the case, as reported by Mashable. If the device you are about to buy costs less than the credit, you will be offered a gift card for the remaining amount.
This seems to be a good move by the Cupertino giant as they are trying to get rid of their iPhone 5 stock. Is this a hint that we will see a new iPhone in the coming days? Apple is expected to launch two new iPhones, iPhone 5S and iPhone 5C, at a press event on September 10. There is no official word from the company about the event but many authentic publications have backed the rumor of the September 10 event.
Are you going to trade-in your old iPhone or will you wait for the new iPhone lineup? Share your thoughts in the comments below.