iPhone 14 Pro Better trade-in amount than estimated

[Wizec]

I traded in an iPhone 14 Pro, 256GB.

Apple’s system quoted me a $570 trade-in value. However, they credited my account $602 instead. I did keep it pristine, maybe they took that into account? Anyway, nice to see that sometimes they lowball the amount.

edit: fixed estimate amount

 

[Mr. Hindsight]

I think you may have meant $570? Thats what my 14 Pro with 128 gb was quoted at. Just got the confirmation the trade in was good earlier.

It didn’t mention an adjustment to the value but I did notice it still showed $570. I’m wondering if it may change when the actual refund is applied. Has your refund been applied yet?

Edit: Just checked the status again and it says, Final: $570.00

 

[Wizec]

I think you may have meant $570? Thats what my 14 Pro with 128 gb was quoted at. Just got the confirmation the trade in was good earlier.

It didn’t mention an adjustment to the value but I did notice it still showed $570. I’m wondering if it may change when the actual refund is applied. Has your refund been applied yet?

lol, yes. You’re right, it was $570. My refund has been applied and settled in my account. An extra $32 is nice though.

 

[markp-a]

Its called getting the tax back on the new reduced sale price

 

[Wizec]

Its called getting the tax back on the new reduced sale price

Oh! That makes sense. Thanks for clarifying 😊

 

[Mr. Hindsight]

Hmm I’m pretty sure I’ve never gotten the tax adjustment back from a trade in. Must be certain states do that. I do know on my Apple Card, they will adjust the original Daily Cash similar to when you return something at a store.

 

[Wizec]

Hmm I’m pretty sure I’ve never gotten the tax adjustment back from a trade in. Must be certain states do that. I do know on my Apple Card, they will adjust the original Daily Cash similar to when you return something at a store.

I’ve traded my phone in for several years and I don’t recall ever getting an amount different from the estimate, but maybe this year they adjusted for sales tax as suggested? Curious thing anyway 😊

 

[markp-a]

The $360 for my 12 pro turned into $388 refund on my visa. In minnesota. I also bought the phone outright and did not finance, maybe that matters.

 

[BugeyeSTI]

Trade in for my X was listed as $120 but ended up with $134 toward my 15PM

 

[MarkNewton2023]

I traded in an iPhone 14 Pro, 256GB.

Apple’s system quoted me a $570 trade-in value. However, they credited my account $602 instead. I did keep it pristine, maybe they took that into account? Anyway, nice to see that sometimes they lowball the amount.

edit: fixed estimate amount

My trade-in value was exactly as the trade in value posted on Apple Store website or app. Great to hear you got a better value! 😊

 

[mattopotamus]

intersting. I wonder if internally they are valuing the storage higher once received. As it stand on their website, it doesn't matter if you have a 128gb phone or 1TB.

 

[a83859372]

Same here I got an extra $31 for my max storage (512GB) 12 pro max

 

[PLin]

It depends on the state. Certain states like New York allow trade-ins to offset the sales tax charged on the new product. In NY, this mostly applies to trading in a car to buy a new one, but I guess it also applies to phones.

However, other states such as California, do not have such a law, so trading in cars or phones won’t reduce the sales tax on the new purchase.