Apple has reduced the official estimated trade-in value for people wanting to exchange their Android devices in order to obtain a new iPhone, according to MacRumors. When consumers trade in their Android smartphones for an Apple device, they used to receive a large discount, but that figure has been significantly reduced now.
Apple lowers trade-in value for Android devices
Previously, trade-in values were reaching up to $545 off of the Apple Store when purchasing new phones. However, the maximum discount has been reduced to just $405.
Apple would have given you a $545 refund if you traded in your Samsung Galaxy S20 Ultra, which was offered for $1,299 when it first came out. But if you trade it in right now, Apple will simply give you $405. The same goes for Google Pixel 5, the trade-in value goes down from $315 to $235.
Not only phones, but Apple also reduced trade-in vales for Macbooks and iPads. Instead of $1630, you can trade in a used Macbook Pro for $1415.
Similarly, you will save around $335 instead of $345, if you trade in an iPad Air.