Apple appears to have slashed the estimated trade-in value of a number of products overnight. The change affects a number of popular products (via MacRumors).

Apple Store App logo

Changes Affect Multiple Countries

The most significant drop in trade-in value is for the iPhone XS Max. It fell by $100, from up to $600 to up to £500 overnight. The iMac Pro’s trade-in value also dropped significantly, from up to $4240 to up to  $4150.

The drop in trade-in values hit Apple online stores around the world. These include Germany and the UK. For example, in Germany, the trade-in value of an iPhone XS Max dropped from €500 to €430. The UK online store was offering a similar amount – up to £400 for an iPhone XS Max.

Full Rundown of Reduced Estimated Trade-In Values

New iPhone Trade-In Values:

  • ‌iPhone XS‌ Max –– up to $500 ($600)
  • iPhone XS‌ –– up to $420 ($500)
  • iPhone XR –– up to $300 ($370)
  • ‌iPhone‌ X –– up to $320 ($400)
  • iPhone 8 Plus –– up to $250 ($300)
  • ‌iPhone 8‌ –– up to $170 ($220)
  • ‌iPhone‌ 7 Plus –– up to $150 ($200)
  • ‌iPhone‌ 7 –– up to $120 ($150)
  • ‌iPhone‌ 6s Plus –– up to $100 ($120)
  • ‌iPhone‌ 6s –– up to $80 ($100)
  • iPad Pro –– up to $220 ($290)
  • ‌iPad‌ –– up to $100 ($140)
  • iPad Air –– up to $70 ($100)
  • ‌iPad‌ mini –– up to $80 ($120)

New Mac Trade-In Values:

  • ‌MacBook Pro‌ –– up to $2530 ($2530)
  • MacBook Air –– up to $660 ($670)
  • MacBook –– up to $610 ($630)
  • iMac Pro –– up to $4150 ($4240)
  • iMac –– up to $1500 ($1560)
  • ‌Mac Pro‌ –– up to $1700 ($1700)
  • ‌Mac mini‌ –– up to $230 ($230)

New Apple Watch trade-in values:

  • ‌Apple Watch‌ Series 4 –– up to $100 ($110)
  • ‌Apple Watch‌ Series 3 –– up to $70 ($70)
  • Apple Watch Series 2 –– up to $60 ($60)
  • ‌Apple Watch‌ Series 1 –– up to $30 ($30)

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Let’s face it. Computers, including smartphones, are like cars. Just driving off the lot reduces its value. A one year old MacBook or iPhone might be worth a bit (especially if it has AppleCare) but after that not worth a whole lot.

Scott B in DC

Supply and demand. They created a supply but there isn’t enough of a demand to buy the items on the other end. It helps adjust the supply chain.