Sell or trade in your smartphone? | What the Tech?

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ALBUQUERQUE, N.M. (WHAT THE TECH?) — When any new phone is released, carriers and manufacturers are willing to give you something for your old phone.

Should you trade your smartphone in or should you sell it?

For example, if you upgrade to an iPhone 15, Apple will give you a $430 trade-in value for an iPhone 14, $250 for an iPhone 12, and up to $60 for an iPhone 8.

You might do better by trading in your old phone to your carrier. T-Mobile, AT&T, and Verizon are offering deals right now.

Depending on your plan, they might give you considerably more than Apple.

Notice one thing, though? The trade-in value of any phone does not take into consideration the storage.

An iPhone 12 Pro with 512 GB of storage has the same trade-in value as one with 128 GB, even though you paid $200 more for it. That’s kind of a raw deal.

Android phones don’t hold value as well as iPhones, generally speaking, but carriers are more likely to trade a new Android device for an older one.

If you want the most cash for your old device, it’s best to sell it.

On Facebook Marketplace, iPhone 12’s are selling anywhere from $250 to $500.

Not saying these sellers will get that with so many phones for sale.

On Gazelle, the iPhone 12 Pro is worth $329. That’s cash.

If you’re upgrading a smartphone, the best deal is trading it in with a carrier, not selling.

Remember, this is the time of year when all of the carriers have great deals, especially if you’re willing to switch to their company.

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