Apple has adjusted the trade-in value of select iPad and Apple Watch models. The move comes after the company similarly adjusted trade-in values for all Mac models after the announcement of the M3 iMac and MacBook Pro.
The changes range from substantial increases for some iPads and smaller increases for some Apple Watch models, unlike the Mac where almost all models experienced a drop in their trade-in values. The biggest winner is the entry-level iPad, which saw its value increase from $170 to $260, a $90 increase in one go. On the other hand, Apple Watch Series 7 saw a modest increase of just $5.
New Trade-In Value | Old Trade-In Value | Change | |
iPad Pro | Up to $580 | Up to $510 | +$70 |
iPad Air | Up to $325 | Up to $315 | +$10 |
iPad | Up to $260 | Up to $170 | +$90 |
Apple Watch Series 7 | Up to $160 | Up to $155 | +$5 |
Apple Watch Ultra | Up to $425 | Up to $380 | +$45 |
Apple is likely trying to incentivize users to update to newer iPads and Apple Watches as the holiday season approaches. 2023 is also the first year in which Apple has not released a single new iPad since the tablet was first introduced in 2010. Trade-in values for iPhones remain unchanged for now.
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All cited numbers above represent the maximum possible trade-in value reserved for devices in good working condition with minimal cosmetic and functional damage. Conditions that affect the final value include the working state of buttons, displays, chassis, cameras, batteries, screens, and sensors.
Apple’s trade-in website provides an interactive tool to help narrow down a device’s estimated trade-in value based on the conditions mentioned above.