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People hoping to upgrade their old iPhone for a newer model now have the option of trading in their phone to get credit toward a new device at an Apple store. The technology company announced the new option Friday, ahead of the expected Sept. 10 release of updates to its iPhone line.

Apple Stores Launch Trade-In Program For Used iPhones

By Bill Chappell NPR

People hoping to upgrade their old iPhone for a newer model now have the option of trading in their phone to get credit toward a new device at an Apple store. The technology company announced the new option Friday, ahead of the expected Sept. 10 release of updates to its iPhone line.

The new trade-in program, which Apple says is available at its 252 U.S. retail stores, has several requirements:

  • The phone must be able to be powered up.
  • The phone cannot be water-damaged.
  • Any generation iPhone is eligible.
  • The older phone is exchanged for a newer model at the time of the trade-in.

Prior to Friday’s announcement, Apple already offered the chance to reuse or recycle iPhones, iPads and other devices, in exchange for a gift card. But that service, which remains in place, involves getting an estimate online and then shipping the device.

Several sites are reporting more details on the program:

  • Follow a step-by-step guide to trade-ins — including the advice that you should back up your phone before taking it to an Apple store — at Wired.
  • See a chart comparing iPhone trade-in values for the 4S and 5 models at Apple with similar programs offered by Amazon, Best Buy, and others, by 9to5mac.

Several sites are reporting that other companies are offering higher trade-in quotes than Apple. But the company is betting that the convenience of the new in-store option — walking in with an older damaged phone and walking out with a new model at a reduced price — will win customers.

Apple is partnering with a different third-party business, BrightStar, for its new in-store trade-in program, instead of PowerON, the company that handles online trade-ins of phones and other devices.

Copyright 2013 NPR. To see more, visit http://www.npr.org/.

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