Apple has a iPhone Trade-in program which allows you to give your eligible smartphone( my case iPhone 4 or above versions) for a new iPhone of your choice. Few weeks back we trade in our iPhone 4s for a brand new iPhone 6s. Here is how
1) Go to an Apple Store location
We had a iPhone 4s which become sluggish in performance. Apple Trade-in program is available in Apple Store only.. So, we had to go to an Apple sore nearby for iPhone trade-in program.
2) Trade-in old iPhone 4S and Erased all data on old iPhone
We Backed up our data using my iTunes/iCloud ( photos, music, notes and contacts etc ) before we stepped in to Apple store. When we were at Apple store, Apple employee helped us to erase all data and settings in front of us.
(iPhone 4S – trade-in)
3) Got a new iPhone 6s using Apple Trade-in program with Installment plan
(new iPhone 4S)
4) Here is the cost breakdown
Cost : We got $50 trade-in money as a gift card which was later applied to our new phone and $23 for Trade-In discount.
24 month installment loan for this iPhone was provided by Citizens One Bank.
|Cost of new Phone (iPhone 6s 16GB)||+ $649|
|Trade-in value for iPhone 4s||– $50|
|Apple Trade-In discount||– $23|
|Installment ( 24 months )|
|First installment + sales tax||$75.65 ( @8.25 sales tax $51.65)|
|Subsequent 23 Installments||$24.00 per month|
|After trade-in my cost||$627.65 ( incl sales tax & discount )|
So, after trade-in my cost for new phone is : $627.65 including sales tax $51.65 and discount of $73
For more information visit www.apple.com/iphone/trade-in/