Can I Trade in My Apple Device for Money?

Blog > Can I Trade in My Apple Device for Money?
Posted: 
August 10, 2022

The simple answer to the question, “Can I Trade in My Apple Device for Money?” is yes. I mean, let’s face it, you can pretty much trade in (or sell) anything for money, even weird things

So, the real question is: Is trading my apple device for money the best option?

The answer to that is a little more complex.

Before we go into details, there’s one important thing to note, the time to sell is NOW: 

“Your old phone is losing market value by the day. In fact, it’s estimated that within 24 hours of a new iPhone’s unveilingyour old phone loses up to 30% of its trade-in value.”

https://www.cnet.com/tech/mobile/iphone-trade-in-your-best-option-for-selling-your-old-iphone-before-buying-a-new-one/

Selling Your Apple Device for Cash

There are several options if you want money for your device. 

Buy-Back Services 

A quick and easy option is to sell it to a buy-back service. All it takes is a little comparative exploration on a site like Flipsy. These services are a good option, but if your device isn’t in the condition you claim, you may not get the quoted price.

Selling it Yourself

If you want to make more money, then you could try to sell it yourself on eBay, Craigslist, or Facebook marketplace or even locally. This option has a few drawbacks however, including the fact that if you sell in advance of your upgrade (for the money) then you will not have a device on hand. Other things to think about include:

  • You will have to figure out the price by doing some of your own research.
  • There may be fees attached to selling items online. 
  • It can take days or weeks to sell (and remember the value goes down over time)
  • You may have to ship the phone with proper packaging, at your expense.
  • You will have to arrange the exchange, which sometimes means meeting strangers in strange locations. Then again . . . the stranger could decide not to show.

The Best Option: Trade in for Gift Cards 

Now, we get it, sometimes you just want to cash. But what if we told you that there was another option that would earn you up to 20% more value for your trade in?

That’s what we do here at Ncentiva (powered by Phobio). You trade in your device, and get paid with your favorite gift card brand. 

We bet you are thinking—but that’s not cash, money is more flexible.

It is, but have you ever noticed that you feel more guilty spending money on yourself than you do using a gift card? It’s psychologically true:

 “[In] a paper published by Drazen Prelec and George Loewenstein at the Sloan School of Management at MIT back in the 1990s. It examined the relationship between the pain of paying, consumption and enjoyment. Their research found that people experience greater enjoyment of a purchase when consumption and payment don’t happen at the same time. They also found that people experience greater enjoyment when consumption doesn’t call to mind thoughts of payment.

(Stephanie Bank, “Ask a behavioral economist: Is it better to give cash or gift cards?” )

In other word, you are more likely to get something special for yourself if you trade in your Apple device for a gift card from your favorite brands including Apple, Amazon, Best Buy and Many Others

Get Your Gift Card Trade In Today with Ncentiva

The process is simple, really. All you have to do is reach out to  Ncentiva (powered by Phobio—the leader in consumer electronics trade in) today to get a price quote for your old Apple electronics.

If you accept the quote, Phobio will help you ship your device (at no cost) for a final assessment and quote. Once that is made, you get the reward of top brand gift cards worth up to 20% more than the value of your device.

If that sounds better than cash in your pocket, Start your trade in today!

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