- Apple updated replacement prices for old models of iPhone, including iPhone 11.
- For an iPhone 11 Pro Max in good condition, a consumer can get $ 515, up from $ 500, MacRumors said.
- Apple released four new versions of its iPhone 12 in October.
- See more stories on Insider’s business page.
Apple has increased the ante for consumers who replace their old iPhones with a new one, MacRumors first reported.
The maximum replacement value for a used iPhone 11 Pro Max in good condition is now $ 515, Apple said, an increase of $ 15, MacRumors reported. Meanwhile, the iPhone 11 Pro increased by $ 5 to $ 465, and the iPhone 11 rose $ 20 to $ 380, MacRumors said.
The maximum trade-in value for the iPhone 6s, a more than five-year-old model, rose $ 5 to $ 65.
To buy a phone, consumers must answer questions about the phone̵
Apple did not immediately respond to Insider’s request for comment. The complete list of maximum replacement values for old iPhones can be found on the company’s website.
Read more: Apple just launched a new camera feature for the iPhone 12 Pro that could change the way we think about smartphone photography
Apple released four models of its new iPhone 12 in October: iPhone 12, iPhone 12 Mini, iPhone 12 Pro and iPhone 12 Pro Max. They range in price from $ 699 to $ 1,099, and each supports 5G.
Insiders Lisa Eadicicco called the iPhone 12 and 12 Pro a “step up from its predecessors” because of the refreshed design and upgraded camera that can see in the dark, as well as shoot RAW images.
With the release of the new phones, Apple discontinued four others, including the iPhone 11 Pro and iPhone 11 Pro Max, which were released in 2019. It also sent the iPhone 8 and iPhone 8 Plus, which were released along with the iPhone X in 2017, to the cemetery .