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Apple's new Trade Up With Installments plan is aimed at those who still own an older model iPhone

Posted: , by Alan F.

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Apple's new Trade Up With Installments plan is aimed at those who still own an older model iPhone
It is no surprise that there exists a large number of iPhone owners who have yet to update to the Apple iPhone 6, Apple iPhone 6 Plus, Apple iPhone 6s and Apple iPhone 6s Plus. In other words, these iPhone users are stuck with a 4-inch screen when Apple would prefer that they upgrade to a newer model. To help them on their way, Apple announced today the Trade Up With Installments plan that is also available to Android and Windows Phone owners looking to switch to iOS.

The directions are rather simple. Turn in your current iPhone, Android or Windows powered handset. Subtract the value of that trade from the cost of a new Apple iPhone, and divide that number into 24 months. That will be the monthly installment price that you will be paying Apple for your new iPhone.

Caveats? Of course. The plan is available to U.S. consumers only and can only be applied to purchases made in an Apple Store. And the monthly payments depend on a number of factors such as the phone you are trading in, and which iPhone you are buying. Always keep in mind that there is no such thing as a free lunch (or a free iPhone, apparently).

Trade in an Apple iPhone toward the purchase of a 128GB Apple iPhone 6s Plus, and you will be paying $35.37 a month over 24 months. On the other hand, trade in an Apple iPhone 5 toward the purchase of an Apple iPhone 6 and you will pay $14.54 monthly. Keep in mind that the price does not include AppleCare+.

With this new plan, the iPhone you receive will be unlocked. Unlike the iPhone Upgrade program, the Trade Up With Installments plan does not promise you the latest iPhone each year.

Click on the slideshow to see a chart of possible trades and the resulting monthly cost. While the Apple iPhone 4 and Apple iPhone 4s will bring you $100 in a trade, the Apple iPhone 6 Plus is at the opposite end of the spectrum, valued at $350. Apple says that Android or Windows Phone will bring you a trade-in value of $100 to $300 depending on the model and the condition of the handset.

source: CNET                                                                               

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posted on 18 Feb 2016, 11:01

1. legiloca (Posts: 1448; Member since: 11 Nov 2014)

a rather odd upgrade story of mine: 2013 I got a Samsung Galaxy Star, 2014 is Moto G (1st gen), 2015 HTC Desire Eye, and 2016 iPhone 6S Plus lol.. just sharing :) what are your upgrade stories everyone :D

posted on 18 Feb 2016, 17:35 3

21. chocowii (Posts: 470; Member since: 30 Jan 2014)

Installing adblock in my browser.

posted on 18 Feb 2016, 11:51 2

2. Arch_Fiend (Posts: 3359; Member since: 03 Oct 2015)

Why does the 5s have the same trade in value as the 5 and 5c? Brand new 5s 16gb cost $150+ more than a brand new 5 and 5c.

These trade in values don't seem fair, should be based on the condition of the devices as well as the GBs

$350 credit for a like new 128gb 6 plus would be bulls**t just sayin.

posted on 18 Feb 2016, 11:52

3. Arch_Fiend (Posts: 3359; Member since: 03 Oct 2015)

Those amounts can't be the max trade in values of each phone.

posted on 18 Feb 2016, 11:59

4. xocomaox (Posts: 161; Member since: 14 Dec 2015)

That's the point of offering these. Especially with Apple users, as they typically don't know what is going on in tech. They will make some decent money reselling these at higher prices, as well as keeping their fleet of parts well stocked and keeping their customer base.

posted on 18 Feb 2016, 13:10

13. Arch_Fiend (Posts: 3359; Member since: 03 Oct 2015)

true lol.

posted on 18 Feb 2016, 12:27

9. TechieXP1969 (Posts: 14041; Member since: 25 Sep 2013)

Because they are all technically the same phone?
And there retail value has nothing to do with their actual value.

posted on 18 Feb 2016, 13:10 5

12. Arch_Fiend (Posts: 3359; Member since: 03 Oct 2015)

5,5c,and 5s are not the same phone, even if there production cost are the same.

I know retail prices have nothing to do with the actual value but considering what the retail prices are it just doesn't seem right to give so little in trade in value.

To give someone $350 for an $850 iPhone 6 plus 128gb would be absurd at least $450, you could easily get $600 selling it yourself, $450 wouldn't be so bad for those who didn't want the hassle of selling their device himself.

posted on 18 Feb 2016, 14:08 3

14. AlikMalix (unregistered)

We had a 5 and 5s in our household, and NO they're not the same phone, not even close!!!

posted on 18 Feb 2016, 12:01

5. xocomaox (Posts: 161; Member since: 14 Dec 2015)

I did this deal with my wife's iPhone 4s last October with Verizon to get a 6s. They gave us $100 for it.

posted on 18 Feb 2016, 14:10

15. AlikMalix (unregistered)

Same for my wife's iPhone 5 on att - for which they offered $100 (it's been water damaged, but worked for two years).

posted on 18 Feb 2016, 12:14

6. TheWeasel (Posts: 403; Member since: 26 Dec 2014)

Sometimes I think about getting my mom an iPhone 6 or such, but then I remember that it would cost more than my 64GB V10, have 48GB less of non-expandable storage, and that I only paid about $200 for a 32GB SD card and a Moto G 3rd gen with similar specs.

posted on 18 Feb 2016, 12:19 1

7. cripton805 (Posts: 1484; Member since: 18 Mar 2012)

I just bought my mom a 5s for her Bday. Bear in mind shes a very light user and only uses it for phone calls and light FB, YT, and texts. Shes happy with it, but her use is so basic. It does basic things well. I get cramps. lol

posted on 18 Feb 2016, 12:25

8. TheWeasel (Posts: 403; Member since: 26 Dec 2014)

My mom would probably like an iPhone again, I know the iPhone is still a good phone, despite preferring Android now, myself. She used to use a 3GS while I had the iPhone 4, and now she has an iPad Air LTE. I wouldn't get her the 5S on account of the screen size, too small for me. She's getting a bit far-sighted, so a bigger screen is preferred.

In any case, my main reason for not getting her one is that the benefits don't justify the cost of an iPhone over the customized Moto G I gave her.

posted on 18 Feb 2016, 14:41

17. downphoenix (Posts: 3165; Member since: 19 Jun 2010)

A Moto G's specs are nowhere near an Iphone 6, try again troll.

posted on 18 Feb 2016, 15:02 1

18. TheWeasel (Posts: 403; Member since: 26 Dec 2014)

Take it easy, I wasn't trolling. Do people even really know what that means anymore? It's said way too often to anyone who says anything that they don't agree with.

In regards to my previous statement:

Moto G3: 1GB RAM (2GB on the 16GB model, which I did not buy)
iPhone 6: 1GB RAM

Moto G3: 8GB storage, with micro SD expansion
iPhone 6: 16GB storage with no micro SD expansion

Moto G3: 13MP rear camera with dual LED flash, 5MP front
iPhone 6: 8MP rear camera with dual LED flash, 1.2MP front

Moto G3: 5" 720p IPS LCD screen
iPhone 6: 4.7" 750p IPS LCD screen

Moto G3: IP67 certified water and dust resistance
iPhone 6: No water or dust resistance

Moto G3: Customizable through Moto Maker
iPhone 6: Choice of 3 colors

Moto G3: $180 (unlocked) + $13 32GB micro SD card
iPhone 6: $550 (T-Mobile version)

Bottom line: The Moto G3 was similar in some respects, a bit inferior in others, and even surpassed the iPhone 6 in a few aspects (e.g. water resistance, potential storage, customization). The areas where the iPhone proved superior were not significant enough to justify paying nearly triple the price.

TL;DR Moto G3 was better suited for my mom when factoring in the price. I wasn't trolling.

posted on 18 Feb 2016, 19:07 1

22. ibend (Posts: 6610; Member since: 30 Sep 2014)

yeah right, Moto G is better

posted on 18 Feb 2016, 22:06

23. Mercedes-Benz (banned) (Posts: 403; Member since: 18 Jan 2015)

the CPU and GPU on the iPhone is way better , around performance of snapdragon 801 . Also the camera on the iPhone is better as well

posted on 18 Feb 2016, 22:29

24. TheWeasel (Posts: 403; Member since: 26 Dec 2014)

I won't deny either of those, because they are both true. However, the Moto G was comparable when considering the user it would have. The near-stock Android on the Moto G would be quick and snappy enough for my mom, and the 13MP camera (from the Nexus 6), while not the best, was nothing to sneeze at, considering the sub-$200 price tag. Overall, although spec-wise the iPhone outmatched it, in real life usage it would give my mom more or less the same performance for the usage she would give it, without me feeling guilty because I got her just any poorly spec'd, entry-level smartphone that was out there.

posted on 18 Feb 2016, 12:37 1

10. TechieXP1969 (Posts: 14041; Member since: 25 Sep 2013)

Not bad considering the phone is unlocked. Hwoever, you could go directly tot he carrier and technically pay less.

Here is why. let's say you took an unlocked model, which now I believe can be activated by any carrier. So let's pick T-Mobile. With T, you would need to purchase a SIM for $15, but then you have to pay monthly to keep the assigned number. If you don't pay one month, you will lose that number and have to start over.

or you can tied the phone to a post-pay plan. Where you still would be paying monthly.

Its a cool deal coming directly from the manufacturer, but it offers no benefit, unless you have your own SIM you can transfer from your phone with a carrier you already have service with.

For me, I have T, so I could just have my SIM and use an iPhone one day and my Galaxy another day, or both and just use one on WiFi.

I've been wanting the Gold 5S....or wait to see what the 5Se is about. I don't like the 6's at all. I got mom the 6S Plus and when I go to her house i play with it and then I get board because my games arent on it.

I may have to look into this. I have to see what the phone condition has to be...because my 4 is pretty scratched up, but works.

posted on 18 Feb 2016, 12:47

11. TheWeasel (Posts: 403; Member since: 26 Dec 2014)

I also have a 4 which I have replaced both the back cover and the front digitizer for twice. Both front and back are now cracked for the third time, haha.

I don't believe Apple would accept a trade in for a phone with 3rd party replacement parts, right?

In any case, for only $100 credit, I think I'd rather keep mine. iOS 7 had pretty much maimed it, though. It will stay stuck on a frame for a few seconds when scrolling through menus or the home screen. Is there a way to revert it to iOS 6? It used to be so snappy...

posted on 18 Feb 2016, 14:17

16. TechieXP1969 (Posts: 14041; Member since: 25 Sep 2013)

As far as I know, the iPhone 4 has a permanent jailbreak because of the hardware. However, I'm not sure you can go back to 6. Maybe if you're jailbroken and saved your SHS BLOBS. If not than maybe you can find one online still on an older version.

posted on 18 Feb 2016, 15:14

19. downphoenix (Posts: 3165; Member since: 19 Jun 2010)

I prefer this option personally. It offers you more flexibility. You can choose whichever carrier you want. If the carrier you have screws you over in some way, or increases rates, or starts having service issues, you can just shop for a new carrier and say adios. If you buy directly from the carrier, you are held hostage by them.

posted on 18 Feb 2016, 17:27

20. darkoman4 (Posts: 177; Member since: 30 May 2014)

Actually, if you own iPhone 4 or 5C these are pretty good trade in prices. I just bought refurbished 5C for my niece for $129. Of course, you would have to buy a phone from Apple.

posted on 19 Feb 2016, 00:14

25. yoosufmuneer (Posts: 1518; Member since: 14 Feb 2015)

Market Value of a Used 5s is $400 in my country and the iPhone 6 used goes for around $600

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