A new study published Monday reported iPhone gets traded in at a higher rate than Android handsets, with nearly one-third of Apple trade-ins going toward the purchase of an upgrade.
More than 35% of iPhone owners who purchased a new or used device over the 12-month period ending in June either sold or traded in their old model, according to a survey conducted by Consumer Intelligence Research Partners. About 30% traded in iPhone, while just over 5% sold the device.
Android smartphone users who aspire to buy and use Apple iPhones. Apple is offering Trade-In for its older devices and even for a few Android smartphones.
On the Trade-in deal buyers can exchange their current phones for new iPhones for a deep price cut, depending on the value and condition of their devices.
The buyer gets instant credit towards a new iPhone. First, they will have to respond to a few questions regarding brand, model and condition of the current smartphone while purchasing a new device.
Apple will initially ask for either the serial number of the device that needs to be exchanged. In case the user plans to exchange an Android smartphone, they will have to insert the IMEI code.
iPhone Trade-in Deals are attractive, check it out
After this step, the user will be asked questions about the storage and general condition of the smartphone. Once the user replies to all the questions, they will get a value that will be decreased from the final purchasing price of the new iPhone.
Once the purchase has been made using the trade-in option Apple will also provide directions to prepare the user’s smartphone for trade-in. When the delivery personnel arrives, he/she will run a diagnostic test and verify the condition of the device on the spot. If everything checks out, the trade-in and purchase are complete.
If the smartphone doesn’t pass the diagnostic test or the condition doesn’t match what was described, the buyer will need to pay back the entire trade-in credit in order to receive the new iPhone.
More Trade-in for iPhones than Android Phones New study
Ahead of an expected “iPhone 13” launch, a new study published Monday suggests iPhone gets traded in at a higher rate than Android handsets, with nearly one-third of Apple trade-ins going toward the purchase of an upgrade.
More than 35% of iPhone owners who purchased a new or used device over the 12-month period ending in June either sold or traded in their old model, according to a survey conducted by Consumer Intelligence Research Partners. About 30% traded in iPhone, while just over 5% sold the device.
By comparison, roughly 5% of Android owners who rid themselves of their smartphone hardware over the same period sold the device, while just over 10% traded it in