Smartphone brands frequently launch new and upgraded phone models every few months. While it can be exciting for users to consider upgrading to these new models, it is often not economically viable. Additionally, this rapid turnover contributes significantly to electronic waste. A practical solution to address this situation is to trade in an old phone when purchasing a new one. Fortunately, many brands and dealers have recognized this approach and offer trade-in options.

Ways to trade in an old for a new one

Through phone carriers

Nowadays, almost all major wireless providers offer trade-in programs that allow customers to receive a discount on a new device when they exchange an eligible old phone for a new one.

The trade-in process that the carriers follow is pretty straightforward. Customers can visit the online trade-in portal of their chosen carrier and look for the option to get started. They will be prompted to answer a few simple questions about the device they want to trade in. This includes details about the make and model of the phone, its IMEI number, storage capacity, color, current carrier, and its overall condition. By providing this information, customers will receive an estimated trade-in value, which the carrier applies toward the purchase of the new device. 

After receiving the estimated value, customers can either mail in the old phone or hand it over at one of their physical stores. Once the device is inspected, the trade-in value is applied as bill credits.

Top deals to check out

• AT&T is currently offering up to $1,100 off the iPhone 17 Pro and iPhone 17 Pro Max, and up to $700 off on iPhone 17 in exchange for eligible old phones.
• AT&T is also running similar deals for Samsung Galaxy Z devices, with discounts of up to $1,000 on the Galaxy Z Flip7 and Z Fold7.
• Spectrum is offering the iPhone Air for $400 off with an eligible trade-in.

Through smartphone companies

Phone brands often run their own smartphone exchange programs. For example, Apple’s Trade In program allows users to get a discount on a new iPhone lineup by trading in their old phone. The discount amount varies based on the make, model, and condition of this old device. To get a clear idea of this value, Apple provides an estimator tool on its website that helps determine the expected trade-in values of devices upfront.

Similarly, Samsung has a program that enables customers to upgrade their phone to a new Galaxy device by exchanging their old phones. To participate, users must send their old device to Samsung. Once the old device is sent, the trade-in value for the device gets credited to their account, which can be used toward the purchase of a new Samsung phone (or any new Samsung product).

Google also offers trade-ins for those who wish to upgrade to a Pixel device. To use this exchange program, buyers need to add a Pixel phone to the cart and then proceed to select a device for the exchange option. Google provides a prepaid trade-in kit that customers can use to send their old device. After Google receives the device and inspects it, it applies the trade-in value towards the original payment.

Top deals to check out

Apple has clearly listed trade-in values for old iPhone models. Potential buyers can receive up to $530 for an iPhone 16 Pro, up to $440 for the iPhone 16 Plus, and up to $410 for the standard iPhone 16.

Through third-party dealers

In addition to carriers and manufacturers, third-party resellers also provide phone exchange offers. Some popular names among these include The Phone Exchange, Swappa, and Gazelle. The Phone Exchange mainly operates through physical stores, so customers need to visit one of their stores to avail their exchange deals. On the other hand, Swappa and Gazelle offer online trade-in tools, making them a convenient option for many. These platforms can be especially useful for those who prefer a direct payout rather than bill credits.

Top deals to check out

Swappa is currently offering an estimated trade-in value of about $760 for the iPhone 17 Pro, while the iPhone 15 is valued at roughly $220, depending on the condition.