Apple Inc. (NASDAQ:AAPL) just rolled out their iPhone trade-in program in the United Kingdom. This offer allows users to bring in their gently used phones and trade them in for store credit, which would be used for a newer iPhone. This program is pegged to be environmentally conscious as it encourages iPhone users to bring in their old unwanted phones to the store rather than throwing them out.
The official Apple Inc. (NASDAQ:AAPL) United Kingdom website has a feature powered by Dataserv that lets you determine what your old iPhone is worth. An iPhone 5 (16GB) in black that’s still in perfect condition is valued at £55 . The iPhone 5S with similar specifications is worth about 2.25 pounds.
Obviously, this program won’t offer as much as other store trade-in offers might, but it does offer convenience. Unfortunately there aren’t too many trade-in programs in the U.K. Most U.S.-based providers don’t accept trade-ins from international companies.
Pocket-Lint described the new trade-in program from Apple Inc. (NASDAQ:AAPL): “iPhones hold great value. So, Apple Retail Stores in the U.K. are launching a new program to assist customers who wish to bring in their previous-generation iPhone for reuse or recycling,” according to an Apple spokesperson. “In addition to helping support the environment, customers will be able to receive a credit for their returned phone that they can use toward the purchase of a new iPhone.”
If you live in the U.K. and want more money from your iPhone, selling it through eBay might be a good option. Lots of sellers use this website to sell used and older iPhones for solid prices. One person is selling a used iPhone 5 (16GB) Black and Slate) unlocked version retails for £329.99. It may take more work to place it on the website and sell it, but you would earn a lot more money for the iPhone 5S.