DON’T leave your old iPhone sitting in a drawer – it could be worth hundreds at your local Apple Store.
You need to check Apple’s official list of trade-in prices that reveal exactly how much your old iPhone could be worth.
If you’ve got a very premium model, it could go for as high as £655.
You can even trade in very old models, right back to 2017’s now-ancient iPhone 8. Theresa May had only been Prime Minister for just over a year when that came out.
When you do a trade-in at the Apple Store, you’ll be able to slash the value off the price of a new model (read our iPhone 16 review).
But you don’t actually need to go in: Apple also offers trade-ins from home if you prefer.
HOW TO TRADE-IN AT APPLE STORE
Before we get to the value of your old iPhone, it’s worth knowing how trade-ins work.
The simplest way is to just go to an Apple Store.
You’ll want to back up your iPhone first. You don’t need to fully reset it – Apple will help you do that. But you should unpair your Apple Watch if you have one.
Then just go to the Apple Store and speak to a Specialist will inspect it then give you a valuation on the spot.
If Apple says that it’s not worth anything, they’ll offer to recycle it for parts for free. You can reject this if you prefer.
When you go through with the trade-in, you can put that value towards another item.
But if you’re not ready to buy something, the value can be placed on an Apple Gift Card instead.
If you want to trade your old iPhone in online, it’s a slightly different process.
For online trade-ins, you’ll want to get a trade-in estimate.
Then choose a new product, add your trade-in device during the process, and then check out.
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You’ll get a confirmation email that will explain how to back up your iPhone and prepare it for trade-in.
This will also explain how to return the device once you receive your mail-in kit from Apple.
The whole process usually takes about two to three weeks once you’ve mailed in or dropped off your old iPhone.
Your original payment method for your new iPhone will be credited once your old device is received – and its condition is verified.
RECYCLING INSTEAD? WHAT TO DO
If you want to get your old iPhone recycled because it’s not worth anything, you’ll need to get it ready first
You’ll want to back up your data by going into Settings > [Name] > iCloud > iCloud Backup.
Then totally wipe your device by going to Settings > General > Transfer or Reset iPhone > Erase All Content and Settings.
If you’re sending it in by post, Apple says you must follow these rules for safety:
- Do not send loose batteries.
- Discharge the unit to less than 30%.
- Do not send electronics that are disassembled into parts.
- Do not send electronics with swollen, damaged or defective batteries.
- For whole units, surround the product with at least 6 centimetres of suitable filler material, such as recycled or reused packaging, before placing it inside a corrugated box.
- Send only one device per box.
That’s because your iPhone contains a lithium-ion battery, which can pose safety risks if they’re not stored or transported properly.
Picture Credit: Apple
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If the condition of your iPhone isn’t exactly how you described it, you might get a revised value.
This could be lower than the original estimate. If that’s the case, you can either say yes or no.
If you reject the new offer, the trade-in will be cancelled and you’ll get your old iPhone back.
It’s also possible that your revised value is more than the original estimate – so you’ll end up with bonus credit.
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HOW MUCH IS MY OLD IPHONE WORTH?
If you’re thinking about trading in your old iPhone, Apple has a set list of trade-in values for 27 eligible models.
Here’s the full list:
- iPhone 15 Pro Max – Up to £655
- iPhone 15 Pro – Up to £555
- iPhone 15 Plus – Up to £420
- iPhone 15 – Up to £395
- iPhone 14 Pro Max – Up to £470
- iPhone 14 Pro – Up to £425
- iPhone 14 Plus – Up to £330
- iPhone 14 – Up to £310
- iPhone SE (3rd generation) – Up to £120
- iPhone 13 Pro Max – Up to £345
- iPhone 13 Pro – Up to £295
- iPhone 13 – Up to £260
- iPhone 13 mini – Up to £205
- iPhone 12 Pro Max – Up to £255
- iPhone 12 Pro – Up to £205
- iPhone 12 – Up to £160
- iPhone 12 mini – Up to £125
- iPhone SE (2nd generation) – Up to £55
- iPhone 11 Pro Max – Up to £160
- iPhone 11 Pro – Up to £135
- iPhone 11 – Up to £110
- iPhone XS Max – Up to £100
- iPhone XS – Up to £70
- iPhone XR – Up to £85
- iPhone X – Up to £50
- iPhone 8 Plus – Up to £50
- iPhone 8 – Up to £40
Read more on the Scottish Sun
It’s important to remember that these are “up to” figures, so you might not get the top values.
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If your iPhone is in great condition then you could get the full sum – but any damage will likely bring the valuation down.
