Phone Trade-In Programs: Are They Worth It?
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Trade-ins promise quick cash or credit—but low payouts often disappoint. Are they worth it? Let’s see.
Pros: Easy—Apple or Samsung take your phone, no listing hassles. You get $200 for an iPhone 12, plus store credit. Cons: Value’s low—20-40% of market price. That $200 trade-in could fetch $400 sold outright. Convenience costs you.
Compare consignment: Fixsellr repairs (e.g., $50) and sells for $400, giving you $297.50 (85% profit). Trade-ins suit urgency; consignment rewards patience. Check Apple’s trade-in estimator—then eBay’s sold listings. The gap’s telling.
Trade-In Truths:
- Best for brand loyalists.
- Weak for older models.
- Credit locks you in.
Trade-ins work if speed’s key—otherwise, consign with Fixsellr for more.