iPhones have long been one of the most expensive handsets on the market and it’s no wonder that people out there are still using the iPhone 3 and 4 when you look at the cost of upgrading them to the latest.
For some long time now, networks and retailers have offered trade-in programmes to allow customers to upgrade to a newer model however, if rumours are to be believed, then it’s likely that Apple will be unveiling their own trade-in programme starting next month.
According to I4U News, retail store employees of the super brand, are being trained on the new trade-in scheme already but of course no one is willing to come out and say what it is though from what we have found out, it’s likely to be very competitive as Apple are working to drive sales of the iPhone away from networks and into Apple stores directly.
UPDATE VIA TECHCRUNCH
The program works like this. A customer brings a working, non-liquid-damaged iPhone into an Apple Retail Store. It’s then evaluated by an employee with the help of an online site that a customer can access using the store’s iMacs or iPads. The customer then answers a series of questions about the condition of the device in order to determine a value.
Values can range depending on a variety of factors, including device color, physical damage and liquid damage. Though the prices could very well be tweaked before the program goes wide, the range is said to be around $120-200 for 16GB iPhone 4 and 4S models.
That value can be used in credit for a new device but only if the customer has an upgrade credit available. So there is a carrier check involved. If a user does not have an upgrade credit, they could presumably pay the early termination fee of their carrier and use the credit towards a new device on another carrier.
Currently, the devices are dropped into a bag and presumably shipped off somewhere for refurbishment and resale. They are not resold at the store where the trade-ins are being offered. So far, customers have been pretty excited that this option is now available at Apple Retail stores.