Apple just dropped trade-in values for lots of iPhones — see what yours is worth now

iPhone 13 Pro Max in grey, held in front of water
(Image credit: Tom's Guide)

Unfortunately, it looks like Apple has adjusted some of the trade-in values for some iPhones. While a few remain unchanged, it appears many have lowered in what Apple will give you when you hand them over to buy a new iPhone.

We're just as surprised about this change to Apple's trade-in values as you might be, given that it came out of nowhere (via 9to5Mac). This hits almost everything from the iPhone 13 Pro Max down, though some models like the iPhone 13 mini remain unchanged.

Here's what we know.

Swipe to scroll horizontally
New trade-in valueOld trade-in value
iPhone 13 Pro Max$650$720
iPhone 13 Pro$550$600
iPhone 13$450$470
iPhone 13 miniUnchanged$380
iPhone 12 Pro Max$480$530
iPhone 12 Pro$400$430
iPhone 12$300$320
iPhone 12 miniUnchanged$250
iPhone SE (2020)Unchanged$100
iPhone 11 Pro Max$330$370
iPhone 11 Pro$250$300
iPhone 11$200$220
iPhone XS Max$200$210
iPhone XS$160$150
iPhone XR$140$150
iPhone XUnchanged$130
iPhone 8 Plus$75$110
iPhone 8Unchanged$75
iPhone 7 Plus$60$70
iPhone 7Unchanged$40

Some iPhone trade-in values have dropped quite significantly, such as the iPhone 13 Pro Max and iPhone 13 Pro. The iPhone 13 Pro Max was worth $720 and that's now down to $650. And the iPhone 12 Pro Max has dipped from $530 to $480.

However, others are fairly minor adjustments for the more recent devices. We're not entirely sure why Apple would lower values this soon after the iPhone 14 launch, so if you're planning to trade-in your old handset, you may want to get on it sooner rather than later.

We should also note that Apple will also give a gift card at the above values if you'd rather use it later toward a purchase in its store. Essentially, Apple is rather motivated to convince you to trade in your old phone and upgrade to a new one. The process for this is rather simple, too.

You might get more money selling your old iPhone second-hand, but that can be complicated and time-intensive. Sites like Swappa make it rather painless if you price your device right, but then you lose out on fees and shipping, so it's a mixed bag. Meanwhile, trading into Apple or your carrier might be better for your sanity.

Bear in mind that these values are subject to change as time goes on and as we get closer to the iPhone 15.

Jordan Palmer
Phones Editor

Jordan is the Phones Editor for Tom's Guide, covering all things phone-related. He's written about phones for over six years and plans to continue for a long while to come. He loves nothing more than relaxing in his home with a book, game, or his latest personal writing project. Jordan likes finding new things to dive into, from books and games to new mechanical keyboard switches and fun keycap sets. Outside of work, you can find him poring over open-source software and his studies.