Your old iPhone may be worth £655 as Apple's full trade-in price list revealed

DON’T leave your old iPhone sitting in a drawer – it could be worth hundreds at your local Apple Store. You need to check Apple’s official list of trade-in prices that reveal exactly ho…
Your old iPhone may be worth £655 as Apple's full trade-in price list revealed

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DON'T leave your old iPhone sitting in a drawer – it could be worth hundreds at your local Apple Store.

You need to check Apple's official list of trade-in prices that reveal exactly how much your old iPhone could be worth.

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The most valuable model for Apple trade-in right now is the iPhone 15 Pro Max, which is worth an estimated £655 at the top endCredit: Apple

If you've got a very premium model, it could go for as high as £655.

You can even trade in very old models, right back to 2017's now-ancient iPhone 8. Theresa May had only been Prime Minister for just over a year when that came out.

When you do a trade-in at the Apple Store, you'll be able to slash the value off the price of a new model (read our iPhone 16 review).

But you don't actually need to go in: Apple also offers trade-ins from home if you prefer.

Read more on iPhone

Before we get to the value of your old iPhone, it's worth knowing how trade-ins work.

The simplest way is to just go to an Apple Store.

You'll want to back up your iPhone first. You don't need to fully reset it – Apple will help you do that. But you should unpair your Apple Watch if you have one.

Then just go to the Apple Store and speak to a Specialist will inspect it then give you a valuation on the spot.

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If Apple says that it's not worth anything, they'll offer to recycle it for parts for free. You can reject this if you prefer.

When you go through with the trade-in, you can put that value towards another item.

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But if you're not ready to buy something, the value can be placed on an Apple Gift Card instead.

If you want to trade your old iPhone in online, it's a slightly different process.

For online trade-ins, you'll want to get a trade-in estimate.

Then choose a new product, add your trade-in device during the process, and then check out.

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Even the very old iPhone 8 is worth up to £80 as part of an Apple trade-inCredit: Apple / The Sun

You'll get a confirmation email that will explain how to back up your iPhone and prepare it for trade-in.

This will also explain how to return the device once you receive your mail-in kit from Apple.

The whole process usually takes about two to three weeks once you've mailed in or dropped off your old iPhone.

Your original payment method for your new iPhone will be credited once your old device is received – and its condition is verified.

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You'll want to back up your data by going into Settings > [Name] > iCloud > iCloud Backup.

Then totally wipe your device by going to Settings > General > Transfer or Reset iPhone > Erase All Content and Settings.

If you're sending it in by post, Apple says you must follow these rules for safety:

Do not send loose batteries. Discharge the unit to less than 30%. Do not send electronics that are disassembled into parts. Do not send electronics with swollen, damaged or defective batteries. For whole units, surround the product with at least 6 centimetres of suitable filler material, such as recycled or reused packaging, before placing it inside a corrugated box. Send only one device per box.

That's because your iPhone contains a lithium-ion battery, which can pose safety risks if they're not stored or transported properly.

Picture Credit: Apple

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You'll be asked questions about the condition of your iPhone – make sure you're honest so you get an accurate valuationCredit: Apple / The Sun

If the condition of your iPhone isn't exactly how you described it, you might get a revised value.

This could be lower than the original estimate. If that's the case, you can either say yes or no.

If you reject the new offer, the trade-in will be cancelled and you'll get your old iPhone back.

It's also possible that your revised value is more than the original estimate – so you'll end up with bonus credit.

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Apple will send you a mail-in kit if you want to do an online trade-in for your old iPhoneCredit: Apple

If you're thinking about trading in your old iPhone, Apple has a set list of trade-in values for 27 eligible models.

Here's the full list:

iPhone 15 Pro Max – Up to £655 iPhone 15 Pro – Up to £555 iPhone 15 Plus – Up to £420 iPhone 15 – Up to £395 iPhone 14 Pro Max – Up to £470 iPhone 14 Pro – Up to £425 iPhone 14 Plus – Up to £330 iPhone 14 – Up to £310 iPhone SE (3rd generation) – Up to £120 iPhone 13 Pro Max – Up to £345 iPhone 13 Pro – Up to £295 iPhone 13 – Up to £260 iPhone 13 mini – Up to £205 iPhone 12 Pro Max – Up to £255 iPhone 12 Pro – Up to £205 iPhone 12 – Up to £160 iPhone 12 mini – Up to £125 iPhone SE (2nd generation) – Up to £55 iPhone 11 Pro Max – Up to £160 iPhone 11 Pro – Up to £135 iPhone 11 – Up to £110 iPhone XS Max – Up to £100 iPhone XS – Up to £70 iPhone XR – Up to £85 iPhone X – Up to £50 iPhone 8 Plus – Up to £50 iPhone 8 – Up to £40 READ MORE SUN STORIES

It's important to remember that these are "up to" figures, so you might not get the top values.

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Apple will inspect your iPhone's condition, and give it a valuation based on thatCredit: Apple

If your iPhone is in great condition then you could get the full sum – but any damage will likely bring the valuation down.

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