Nearly two months after introducing the iPhone 13 lineup, Apple has slashed trade-in program prices for older generation iPhone models including the iPhone 12. For example, before today, Apple used to offer $790 for trading in iPhone 12 Pro Max for another iPhone. But now, the iPhone 12 Pro Max will only fetch you $700.

These are the new trade-in prices for all iPhone modes. Please remember, these are the maximum prices Apple offers. The value Apple might offer for your iPhone model might be less than what's mentioned below:

iPhone Model

Old Price

New Price

iPhone 12 Pro Max

$790

$700

iPhone 12 Pro

$640

$600

iPhone 12

$530

$450

iPhone 12 mini

$400

$350

iPhone SE (2020)

$170

$160

iPhone 11 Pro Max

$500

$450

iPhone 11 Pro

$450

$400

iPhone 11

$340

$300

iPhone XS Max

$320

$280

iPhone XS

$240

$200

iPhone XR

$230

$200

iPhone X

$200

$200

iPhone 8 Plus

$180

$160

iPhone 8

$110

$100

iPhone 7 Plus

$110

$100

iPhone 7

$50

$40

iPhone 6s Plus

$60

$50

iPhone 6s

$30

$30

Apple trade-in program allows iPhone owners to trade-in their iPhone for Apple Store credit. The company has now slashed prices for some iPhone models, and now the maximum you can get is $700 for iPhone 12 Pro Max. Apple has also dropped prices for computers, which now fetch you a maximum of up to $2720. Trade-in prices have not changed from the Apple Watch and users can still receive up to $270 for trade-in.

Via: MacRumors