The latest promotion comes from Apple itself, requiring you to trade in an older iPhone-compatible smartwatch in "good condition" for the chance to significantly reduce the regular Series 5 price. Of course, the trade-in program is not an entirely new thing, but to help you properly celebrate "Heart Month", Apple is bumping up the discount offered when you ditch a fully functional Apple Watch Series 2 or Series 3 in favor of a brand-new Series 5.
Both the 2016 and 2017-released devices are now eligible for the same $100 maximum discount as 2018's Apple Watch Series 4, which is bound to... annoy owners of the latter model while putting a big smile on the faces of those looking to upgrade from an Apple Watch Series 2 or Series 3.
As reported by MacRumors, the trade-in values of these oldies but goodies were previously capped at $60 and $70 respectively, while the Apple Watch Series 1 and Series 4 are eligible for the same maximum discounts of $30 and $100 as before.
Granted, these are still not what we'd call earth-shattering savings, but if you were thinking of making the jump anyway, they will at least save you the hassle of trying to sell your old Apple Watch yourself. Besides, a $299 entry-level Series 5 configuration with a 40mm case and sport band sounds like a pretty solid bargain. Just keep in mind you'll technically still have to pay the full price of your new smartwatch upfront, with your trade-in discount offered as a refund once Apple inspects your old device and approves the transaction.
There's no expiration date explicitly mentioned on the company's official US website, mind you, but given the "Heart Month" references, we expect the trade-in values of the Apple Watch Series 3 and Series 2 to go back to "normal" in early March.